Frequently Asked Questions
How long does it typically take to sell my oil and gas royalty interests?
It depends on the accuracy of the information currently available and presented by the seller. Once we determine things are in order, it can take as little as 48 hours. We make every effort to close your sale as quickly, efficiently and easily as possible.
How is my offer determined?
Our geologist and petroleum engineer partners take into account a number of relevant factors, from recent production history, knowledge of the reservoir itself, oil/gas pricing trends to your interest type. Our goal is to provide you the highest fair market value that makes sense for both sides.
How do I receive an offer?
That’s easy. If you’re selling oil and gas royalties, you can either click here to fill out our short online form or you can call us directly at 214-361-5949. If you’re considering the sale of your producing or nonproducing mineral interests, please call us at 214-361-5949.
What happens after Southwest sends me an offer to sell my mineral and royalty interest?
That is totally up to you. We will evaluate your interest and provide an offer for your holdings. The decision to keep or divest your property is yours. Contact us today to learn more about the selling process and how quickly you can be paid.
Am I obligated to sell my interest once I receive an offer?
Not at all.
How do I transfer my oil and gas interests to family members?
You should contact a board-certified oil and gas attorney or one who specializes in wills, trusts, probate and deeds. You should also consider whether or not you want to leave a small interest to your heirs, who will be responsible for managing their fractional share. Over time, each generation will benefit less and less from a small interest, and the costs of owning the interest may outweigh their emotional ties to the property.
Where do you think oil and gas prices are headed?
While there are thousands of experts who might offer an opinion, very few agree. The truth is, no one knows. It’s a big part of the risk Southwest Petroleum Company, L.P., assumes in purchasing your oil and gas property interests.
If you have additional questions, please call us at 214-361-5949.
Once you decide to sell, no one makes the process easier.
Let us help you gather what you need from your current operator.
You can sell a portion of your large account and keep the rest.
Depending on size and location we also buy non-producing property.
Attention Lease Operators and Landmen: