Mineral Rights Value Rule Of Thumb
basis of mineral rights,i have been told (1) zero if inherited, (2) value reported on estate tax return & (3) the general rule of thumb for vertical wells is four years of oil royalties and .section 23-2n-4w mineral acre valuations,they have an interest in mineral acres located in several sections of stephens if that was a horizontal well, then its value has dropped quite a bit. the rule of thumb for vertical wells was about four years of oil and seven .appraising with mineral rights retained by previous owner ,any advice on how to appraise/adjust for lack of mineral rights would be greatly appreciated. if there is leasing on-going in the area, then the value at that given moment is that's an old rule of thumb that works pretty well..mineral rights value in colorado,as a general rule of thumb, the mineral rights value in colorado for leased mineral rights is 2x to 3x the total amount of your lease bonus. for .