Purchaser of Oil & Gas Royalty and Working Interests
Royalty Clearinghouse is one of the most successful and respected oil and gas royalty and mineral right purchasers in the United States. Our mission is to provide a professional avenue to quickly and discreetly liquidate oil and gas properties, to treat our clients with the utmost respect, and to handle all transactions with the highest code of ethics. We attribute our success to our professional, courteous, and knowledgeable staff as well as our property evaluation methods, which we developed in 1999 and continue to improve upon.
Royalty Clearinghouse uses decline curve analysis and engineering software to evaluate your oil and gas royalty, mineral, or working interest. We will generate an aggressive offer for all or a portion of your royalties, mineral, or working interests by using our state of the art software and the latest technology. Our experienced staff can provide you with quick evaluations and prompt closings that are free of administrative fees, filing fees, or legal costs to the seller. We look forward to the opportunity to work with you and to review your options regarding a possible liquidation of any producing oil and gas interest.
Royalty Clearinghouse History
Royalty Clearinghouse was founded in 1999 by Shain McCaig and Al Koehler in Austin, Texas. Mr. McCaig is a geologist with over 25 years of experience in all aspects of oil and gas operations. Mr. Koehler has over 20 years of experience in the technology field.
The company started with the goal of providing an outlet for the royalty or working interest owner to liquidate assets in a discreet environment at true market pricing. The combination of years of experience in the oil patch, and the ability to predict well decline and incorporate NYMEX futures pricing, allows us to pay aggressive prices for oil and gas interests.
Over the years, we have closed thousands of transactions with geologists, landmen, oil and gas companies, private individuals, institutions, trusts, and estates. Royalty Clearinghouse has established itself as a premier purchaser of oil and gas properties.
Meet Our Team
These are the friendly, knowledgeable people who will answer your questions and help you through the process when you call or e-mail us here at Royalty Clearinghouse. Simply click on any of the photos to see their biography.
Property Evaluation
Prior to mailing offers, Royalty Clearinghouse performs a complete evaluation on every well. This allows us to determine the value of each royalty owner's interest. A petroleum engineer performs all evaluations by analyzing historical production data and determining decline rates.
That information is then used to perform a decline curve analysis to predict future well performance and calculate remaining oil and gas reserves. We then use NYMEX futures pricing to help determine the value of those reserves. With today's volatile market conditions, this may be an opportune time to convert your royalty interest into one cash payment.
How to Receive an Offer
Royalty Clearinghouse offers the individual mineral and/or royalty owner easy access to converting his or her properties into cash. We generate a high number of daily purchase proposals to owners throughout the United States. Our experience and engineering staff allow us to provide prompt evaluations (usually 1-2 business days) and complete the transaction with no closing costs or filing fees to the seller. The information needed from you to get the process started is minimal; we only need a couple of recent check stubs.
We have outlined our easy four step process for selling your oil and gas royalties, mineral rights, or working interests. Please know that you have complete control over the selling transaction and have the ability to stop the process at any time.
- Contact a professional at Royalty Clearinghouse by calling 1.800.877.5122 and begin a relationship with one of our account managers. They will answer any questions you have and learn more about your unique situation.
- Send 2-3 recent check stubs from your property. Our engineers will use these to verify the initial offer amount, or generate a new offer if you have not yet received one.
- Your personal account manager will contact you and ask for a verbal commitment to sell your property for an agreed upon amount.
- Should you decide to accept this offer, we will have assignments generated and sent to you in several days. We can arrange for payment to be made via wire transfer or company check. Royalty Clearinghouse will handle all costs associated with the preparation of these documents.
Reasons To Sell
There are various reasons why an entity or individual would consider selling. The following are some of the more common reasons:
Working Interest
Royalty Clearinghouse is also a large purchaser of working interests. In order to perform an engineering evaluation of your working interests, we will need to review the twelve most recent expense statements and the three most recent revenue statements.
The sale of a working interest eliminates:
- Liability Releases the working interest partner of liability on the lease from the sale date forward.
- Uncertainty and Risk You are at high risk of a drop in production or decline to the point where a well or wells are uneconomic to operate. Working interest partners are responsible for the cost to plug a well.
- Expenses Working interest partners are responsible for the expense associated with operating a well. Depending on the operator, this expense can actually cause a lease to operate at a net loss.
Frequently asked questions
Why do my checks vary each month?
Production from your well can vary greatly on a month-to-month basis, causing your checks to change in value. If your particular well is producing with a small decline, your checks should be more sensitive to the rise and fall of energy prices.
What is the cost to transfer my interest to my children or heirs?
It can vary greatly according to how much estate planning has been done. If you have all the paperwork and your assignment, it can be relatively inexpensive to transfer an interest. If you do not have the paperwork and need legal assistance it can be quite expensive, especially if you need to split the interest among multiple heirs. Often the cost to divide the interest three ways would exceed the value of the original interest.
What happens if I get Royalty Clearinghouse to evaluate my interest?
That is totally up to you, the customer. We will evaluate your interest and provide you an offer for your interest. The decision to keep or divest your interest is up to you.
How is the value of my interest determined?
Prior to mailing offers, Royalty Clearinghouse performs a complete evaluation on every well. This allows us to determine the value of each royalty owner's interest. A petroleum engineer performs all evaluations by analyzing historical production data and determining decline rates. That information is then used to perform a decline curve analysis to predict future well performance and calculate remaining oil and gas reserves. We then use NYMEX futures pricing to help determine the value of those reserves. With today's volatile market conditions, this may be an opportune time to convert a royalty interest into one cash payment.
What does the future hold for oil and gas pricing?
It is impossible for anyone to fully predict what prices will do. There are thousands of experts who offer predictions on inventories and future prices, but very few agree.
Why do I not receive a royalty check anymore?
There are several factors that may have contributed to the discontinuation of payments.
- The amount due may not be enough to be distributed. Many companies wait until the amounts reach $50 or even $100 before generating a check.
- The company responsible for distribution of payment may have changed and the transition may not be complete.
- The well associated with your interest may no longer be producing oil or gas. All oil and gas wells are depleting and will eventually decline to the point where they are no longer economic to produce.
- Your interest may be in “Suspense” due to a change of address or a change of ownership not completed correctly. To determine the exact reason, try contacting the number found on the last check you received.
How do I receive an offer for my royalty or working interest?
- Contact a professional at Royalty Clearinghouse by calling 1-800-877-5122 and begin a relationship with one of our account managers today.
- They will answer any questions you have and learn more about your unique situation.
- Send 2-3 recent check stubs from your property for verification of income. If this property is a working interest, please also submit the 12 most resent JIBs.
- Our engineers will then verify the initial offer amount, or generate a new offer if you have not yet received one, based on current information.
- Your personal account manager will contact you and ask for a verbal commitment to sell your property for an agreed upon amount.
- Our staff will put together the paperwork necessary to complete the transaction and send it to you along with payment.
Am I obligated to sell if I receive an offer?
You are not under any obligation to sell your interest at any time.
I do not see my question covered here; what do I do?
We are sorry that we were not able to answer your question in this forum, but we would be happy to address any question you might have via email or phone. Feel free to contact us any time.
Client Testimonials
"Mr. Golac, we can advise you that the wire was deposited in our account in Kerrville, TX from Royalty Clearinghouse OIL/GA. We thank you for the fast and simple procedure that ends our involvement with the Enervest company.
You may be interested in knowing that we bought 31 acres near College Station and built a beautiful home on it in 1993. The drilling for oil and gas came shortly thereafter and provided us with a significant extra income. After I retired in 1997, we sold the land and the home, but kept the mineral income until it became small and your offer was just what we needed. We moved to the Kerrville area to build another home and to be closer to our children and grandchildren. Over the last 20 years our involvement with the oil and gas has been interesting and profitable and in part we owe this to you."
-Cornelius B.
Kerrville, Texas
"Thank you, Ivan! I hope you all have a marvelous weekend. I have always appreciated the work you do and I have appreciated Royalty Clearinghouse."
-Mark T.
Ft. Collins, Colorado
"Hello Ivan, just wanted to let you know that the wire transfer went through today and it was in my account this afternoon. Thank you very much for all your help and for pushing this through before Christmas. You have made this a very good Christmas for myself and my family, and I appreciate it very much. I am truly glad we could work together and I am very pleased with the way it turned out.
We will be moving to Austin at the end of the school year and if you are available, I would be glad to buy you lunch sometime.
Thank you very much!"
-Walter C.
San Antonio, Texas
"I would like to thank Ivan, Amy and Caitlin. They were very polite, honest and did exactly what they said they would do – very promptly – you don’t find that a lot in business today, so please thank them for me."
-Darlene W. (via handwritten note)
Santa Maria, California
"Oscar, I just wanted you to know that working with Amy Bryan was a pleasure. Seem like she has a good feel for the business. Good hands are hard to find but it looks like you have found one with Amy."
-Bud G.
Landman
"We recently sold a property to Royalty Clearinghouse and you helped us close the deal before Christmas this last year and we really appreciate all your work on getting that done. It made for a very nice finish to our year. I am interested in selling another property I have and you are at the top of the list to contact. I would appreciate it if you took the time to look at the attached documents and make an offer to buy, if you are interested."
-Henry D.
Longview, Texas
“Mr. Torres, just a quick note to thank you for making the sale of my royalties in Wood County, Texas so easy, and so fast!! It is greatly appreciated!”
-Lisa S.
Dallas, Texas
"Thank you for your professionalism in dealing with my mineral sale. I hope we can do more in the future."
Paul S.
Petroleum Landman
"Having worked with other royalty companies in the past I can easily say Royalty Clearinghouse was the most professional, knowledgeable and now trusted royalty company that I am aware. I would not hesitate to recommend, and have recommended, Royalty Clearinghouse to my colleagues in the oil and gas industry. They are fair, easy to engage and timely."
-Matt G.
Director & COO
Oil & Gas Company
“Thank you for a professional transaction. I recommended Royalty Clearinghouse to a company that produces software for monitoring estates. The company continually received requests from non-profits for assistance with oil/mineral rights given through estates. I was happy to provide them with your name, which they will forward to anyone needing help.”
-Ilana O.
Director, Charitable Company
Reseda, California
“Thank you for handling this in such a professional manner. Royalty Clearinghouse will be first on my contact list should we have another Estate that has mineral interests.”
-Denise I., CPA
Investment Counsel Company
San Diego, California
“Your company has been most professional. Please let me know what I need to do to get the sale going. I appreciate your promptness and as I stated your complete professionalism. Obviously the other company that made such a high offer did not or could not follow through. I'm looking forward to doing business with you--at your earliest convenience.”
-Debra W.
Midland, Texas
“Thank you for your help -- I have appreciated your professionalism and courtesy.”
-Barb D.
Banking Professional
Seattle, Washington
“Amy, thank you so much for all of your help. You have given me excellent service and I do appreciate it. I can't remember when I have dealt with such a professional organization as yours. My thanks to Mr. Torres also.”
-Jim G.
Dallas, Texas
“Dealing with Royalty Clearinghouse has been a very positive experience for my family.”
-Pam W.
Houston, Texas
“You are so kind to respond to me so quickly. It is rare today that someone provides such prompt customer service. I am sorry that we cannot do business right now, but I am quite grateful that you supplied me with the information source that I needed.
I hope that I can determine more specifically what I hold and if it has some production possibility. If the oil begins to flow, I will surely contact you again. I tend to reward folks who deal honestly with my business. In the meantime, good luck to you and your firm.”
-Rollin C., Ph.D.
Oklahoma City, Oklahoma
Contact Us
401 Congress Avenue, #1750
Austin, Texas 78701
Phone
(800) 877-5122
(512) 458-4545
Fax
(512) 458-4262
info@royaltyclearinghouse.com
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