Home >
Locations >
Colorado >
La Plata

Selling Mineral Rights in La Plata, Colorado

If you're considering selling your mineral rights in La Plata, Colorado, our team provides quick and fair evaluations and offers to acquire. With deep local expertise and extensive market knowledge, we simplify the sales process, ensuring you get the maximum value for your assets in La Plata.

Owners often want to know “What’s in it for me?” 

  • Immediate Liquidity and Cash Upfront: Selling mineral rights provides a large lump-sum payout, giving the owner cash in hand right away. This immediate financial gain can be used to pay off debt, invest elsewhere, or fund major expenses without waiting years for royalty trickles.
  • Certainty in an Uncertain Market: By selling, owners lock in today’s high value and avoid the risk of declining oil/gas prices or non-production in the future. Commodity prices are volatile – a drilling boom today could slow tomorrow. Selling transfers those risks to the buyer.
  • No Guarantee of Future Royalties: Even if an owner holds on, there’s no promise a well will ever be drilled or that it will be profitable. Many owners never see significant royalties if their acreage isn’t developed. Selling ensures guaranteed income now, rather than gambling on possible future drilling.
  • Tax Advantages and Estate Planning: Always consult a tax professional, but in many cases, the lump-sum from a sale may be taxed at more favorable capital gains rates (especially if using instruments like a 1031 exchange) compared to ongoing royalty income taxed as ordinary income. In fact, taxable conditions are cited as the #1 reason many mineral owners decide to sell – converting future royalty streams into a lump sum can significantly reduce long-term tax liability.
  • Diversification of Assets: Many mineral owners have a large portion of their net worth tied up in a single oil or gas asset. This is risky. Selling allows them to diversify – they can reinvest in stocks, real estate, or other ventures. In other words, they can trade an uncertain asset for a more balanced portfolio, improving financial security.

La Plata County Mineral Rights Acquisition

Introduction Paragraph:
La Plata County, Colorado, is a unique region with a rich history of mineral rights activity. Nestled in the southwestern part of the state, this county is part of the San Juan Basin, known for its natural gas production. The primary operators in La Plata County include BP America and ConocoPhillips, who have been instrumental in the county’s development. The area is currently in a mature stage of development, with established infrastructure and ongoing production activities.

County Production Overview:

  • Key statistics about county production: La Plata County produces approximately 500 million cubic feet (mcf) of natural gas per day.
  • Primary producing formations: The Fruitland Formation is the primary source of natural gas in the county.
  • Major operators active in the county: BP America, ConocoPhillips, and Red Willow Production Company.
  • Development stage: The county is in a mature stage of development, with well-established production and infrastructure.

Why Sell La Plata County Mineral Rights Now:
The current market conditions in La Plata County present a favorable opportunity for mineral rights owners. With stable natural gas prices and consistent demand, selling your mineral rights now could yield a significant return. Additionally, the mature development stage means that infrastructure is in place, reducing the risk for potential buyers and increasing the value of your rights.

Local Considerations:
La Plata County has specific regulations and tax considerations that mineral rights owners should be aware of. The county imposes a severance tax on natural gas production, which can impact the net revenue from your mineral rights. Additionally, environmental regulations in Colorado may affect drilling and production activities, influencing the overall value of your rights.

Common Questions from La Plata County Mineral Owners:

  • How are mineral rights valued in La Plata County? Mineral rights are typically valued based on current production levels, future production potential, and prevailing market conditions. An appraisal by a qualified professional can provide a more accurate valuation.
  • What taxes apply to mineral rights sales in La Plata County? In addition to federal capital gains tax, Colorado imposes a severance tax on natural gas production, which may affect the proceeds from a sale.
  • Are there any environmental regulations that could impact my mineral rights? Yes, Colorado has stringent environmental regulations that could affect drilling and production activities. It’s important to stay informed about any changes in these regulations.
  • Can I sell a portion of my mineral rights? Yes, mineral rights owners in La Plata County can choose to sell all or a portion of their rights, depending on their financial goals and needs.
  • What is the process for selling mineral rights in La Plata County? The process typically involves obtaining a valuation, negotiating with potential buyers, and completing the necessary legal documentation to transfer ownership.

Call (972) 677-8821 or submit your information and we’ll reach out to you

Phone is the quickest way for us to reach you, and we will never share your information with anyone.