In January, 2024, WTI crude averaged $74.15 and was relatively flat month-over-month with a 3% gain over the December average of $71.90. We are still -7% from the trailing 6 month average of $80.03, and -4% from the trailing 12 month average of 77.31. Overall, crude pricing has been relatively stable in the range of $70-80 per barrel. US production growth is finally flat-lining following historic gains made in 2023.

As we start the new year, we've given some thought to current trends in the world of oil and gas, and how they will affect you, the mineral owner. We don't have a crystal ball, but we'll do our best to highlight a few trends to watch in 2024.

In our Third Series, we're talking about when your mineral rights are most valuable, and how timing can impact their value. So whether you're thinking about selling, you're on the fence, or you just want to understand more about the value of your mineral rights, timing is a critical consideration.

In our Third Series, we're talking about when your mineral rights are most valuable, and how timing can impact their value. So whether you're thinking about selling, you're on the fence, or you just want to understand more about the value of your mineral rights, timing is a critical consideration.

Today, in Part Three of this Series, we are discussing the types of mineral buyers, how to evaluate them, and red flags that can help you identify folks you should avoid.

In Part One of this Series, we talked about the History of Mineral Buying and the Knowledge Arbitrage (you can find that post here). Today, we're going to be talking about mineral buyers in the modern era and the Shale Revolution.

So, in this post, we’ll talk about history of mineral buying, a few important legal concepts that every mineral owner should know, and finally, something that I like to call the Knowledge Arbitrage.

I recently had the opportunity to sit down with Jeremy Funk, oil and gas tech sales extraordinaire and host of "What the Funk?", a podcast hosted on the Digital Wildcatters platform.

We talk to countless mineral owners every year who fall into the "Never Sell" camp. Some fall into this camp for good reason, and we certainly respect their decision to hold their mineral rights, whether for themselves or for legacy.

For those of you new to the blog, Minerals Guy provides tailored content and resources to owners of oil and minerals and royalties across the country.

Thanks to the support of family, friends and business colleagues, we were able to take the concept from the back of a napkin to a fully developed brand.