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FAQs and Glossary

Please read our FAQs and Glossary to learn more about our business


What are mineral rights?

Ownership of mineral rights (or "mineral interests") is an interest in real property. It is the right of the owner to exploit, mine, and/or produce any or all of the minerals lying below the surface of a property. The ownership of mineral rights or mineral interests is known by definition as an "estate" in real property, however it is more commonly referred to as "mineral rights" or mineral interests". Mineral rights typically include hydrocarbon resources such as oil and natural gas. These are often leased from the mineral owner by an oil or gas company like Raisa Energy.

What are royalties?

A royalty is a payment made to a mineral owner for their interest in oil, gas or other items of value extracted from their mineral interest in a property.

There are many reasons that prompt people to sell or lease their mineral rights. Some of the most common reasons to sell are the complexities of understanding and managing mineral interests, a desire to invest in other opportunities including real estate or the stock market, a need for immediate cash to retire debt, personal retirement, emergency expenses, college tuition, and tax savings.

How much will it cost to receive an offer or sell or lease my mineral rights?

Nothing. Raisa Energy covers all administrative costs associated with making an offer and a sale or lease transaction.

How do you make money when you acquire or lease my mineral rights?

We are long-term investors and experienced risk managers familiar with the risks associated with commodity prices, government regulation and the ownership of a depleting asset. We make fair offers based on real-time data and close transactions quickly, often within two to four weeks.

What is a working interest?

A working interest is a percentage of ownership in an oil and gas lease that grants its owner the right to explore, drill and produce oil and gas from a tract of property. Working interest owners are obligated to pay a corresponding percentage of the cost of leasing, drilling, producing and operating a well or unit. After royalties are paid, the working interest also entitles its owner to share in  revenues with other working interest owners, based on the percentage of working interest that is owned.

What is a non-operated working interest?

One that owns an interest in a gas or oil well but does not participate in or have any responsibility for actual operation of the well or mine.

What is an override?

An overriding royalty interest is the right to receive revenue from the production of oil and gas from a well. The overriding royalty is carved out of the lessee’s (operator’s) working interest and entitles its owner to a fraction of the production. An overriding interest is limited in duration to the terms of an existing lease, but is not subject to any of the expenses of the development, operation or maintenance of a well or unit.

I am a first time seller and I don't know where to start?

For many first-time sellers, the sales process can be a bit intimidating. Our team is here to guide and support you through every step. Typically, we are able to evaluate opportunities and present offers to sellers within five business days of receiving the information we need to make an offer. In most cases we can close a deal within two to four weeks. You may request an offer here. 


Division Orders

A contract with a crude oil or natural gas purchaser directing the payment of oil and gas revenues to the working, royalty and mineral interest owners of a well.


A contract with a crude oil or natural gas purchaser directing the payment of oil and gas revenues to the working, royalty and mineral interest owners of a well.


A person who owns the surface of a tract of land but may not own the minerals under the land. Also referred to as a "surface owner".

Lease Agreement

An agreement outlining the basic terms and conditions for developing lands or minerals such as the royalty to be paid, the length of the lease term, and the legal description of the leased lands.


A contract between a mineral owner in which the lessor grants the lessee the right to explore, drill and produce oil, gas and other minerals for a specified primary term and as long thereafter as oil, gas or other minerals are being produced in paying quantities. The oil and gas lease is granted in exchange for royalty payments to the lessor.


Legal description is the geographical description of a property for the purpose of identifying the property for legal transactions. For example, In Texas the legal description contains some or all of the following: County, Abstract Number, Survey Name, Block Section/Survey Number. In most other states the legal description  contains the County, Section, Township and Range.

Mineral Acres

The full mineral interest as expressed in units of one acre of land

Mineral Deed

A signed, written legal document that shows the ownership of oil and gas mineral rights.

Mineral Interest

The ownership of all rights to gas, oil, and other minerals at or below the surface of a tract of land.

Mineral Owner

A person who owns the minerals under a tract of land but may not own the surface above it.


A mineral is an element or chemical compound that has been formed as a result of geological processes. Minerals as we refer to them are crude oil and natural gas products.

Net Mineral Acres

Net mineral acres represent the net acreage owned by mineral owner, of the total gross acres in a given tract of land. For example, if you own one half of the minerals under a 100-acre tract of land, you are said to own 50 net mineral acres out of 100 gross mineral acres.


Royalties refer to the ownership of a portion of the resource or revenue that is produced from an oil or gas well.

Royalty Interest

Mineral or royalty owner's share of production, net of production and transportation expenses, when and if oil and/or gas is produced on the property. Most often expressed in 1/8 units (or some fraction) of the production but can also be expressed as percentage of production.

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