NPRIs, override portfolios, net profits interests, term royalties, 1980s drilling program units, helium royalties, disposal well income. If you can't find a buyer, start here.
Most mineral buyers want one thing: fee minerals with clean title in a hot county. Everything else on this page gets ignored, which means the people who hold these interests often cannot find a single serious offer. Berlin underwrites all of them, and every offer comes with the valuation math shown.
We do. An NPRI carries the right to royalty income without the leasing or bonus rights, and many buyers pass because NPRIs cannot be leased and their decimals confuse quick-flip underwriting. Priced off the producing wells and the trend they sit in, an NPRI is a perfectly good asset, and we value it like one.
Yes, and this one is personal to us: we own overrides ourselves. Landmen, geologists, and their heirs often hold ORRIs scattered across dozens of leases from a career's worth of deals. Because each override lives and dies with its lease, valuing a portfolio takes real work, lease by lease. We do that work, buy portfolios whole or in part, and understand exactly what a retiring landman is selling because we have sat in that chair.
We buy them. A term interest lasts for a fixed period "and so long thereafter as" production continues, which makes its value a race between the calendar and the wells. Most buyers will not touch the analysis. We price the probability honestly and show you how.
Almost nobody, because an NPI pays only after the operator recovers costs, and valuing one means reading the NPI agreement and the operator's accounting. We take that on. If your NPI has quit paying, we will also tell you honestly whether that is the math working as designed or a statement worth auditing.
Sometimes yes, and finding out is nearly impossible on your own. Thousands of investors bought public and private drilling program units in the 1970s and 1980s, and many programs still exist, dribbling small checks through transfer agents that make Western Union look modern. We research what the program still owns, value the units, and buy them, giving heirs an exit from paperwork that has outlived two generations.
We evaluate them. Volumetric production payments and dollar-denominated production payments are contract instruments more than property interests, and each one is its own animal. Send the agreement and we will give you a straight answer on whether it has remaining value and what we would pay.
Yes, carefully. A small non-op WI pays revenue but also bills you costs (the monthly JIBs), and plenty of heirs hold WIs that cost more in headache than they return. We buy non-op working interests, netting the burdens honestly, and sometimes the right answer we give is that the interest is a liability to exit rather than an asset to sell. Either way you will know.
We buy them. Helium royalties from the Hugoton and the Four Corners area, CO2 stream royalties tied to EOR projects, and similar specialty gas interests are real income with almost no buyer market. The same goes for royalties on produced gas liquids carved out separately.
Yes. SWD well royalties, disposal easement income, and long-term surface use payments tied to oil field operations are durable income streams that fall between "minerals" and "real estate," so neither buyer pool wants them. We price them off the contracts and the disposal volumes.
We work with them. A life tenant and a remainderman can jointly sell a mineral interest whole, and we have written about life estates and transfer-on-death deeds in The Oil Scout. If your family's ownership is split in time as well as in fractions, we can structure a purchase that works for both sides.
If any of the above sits inside a family LLC, partnership, or trust, we can buy the entity whole. See entity buyouts. And for Canadian freehold royalties, GORRs, and legacy royalty trust units, see our Canadian royalty interests page.
Whatever the instrument, the process is the same: send whatever paperwork you have through the free valuation form, or call or text 918-984-1645, and you will get a straight answer with the reasoning shown, even if the answer is that what you hold has no market value. Knowing beats wondering.
Free, no obligation, and no pressure. Send whatever you have, even just the county name, and we reply within one business day.
Get a Free Valuation or call or text 918-984-1645