Our team of geologists and engineers forecast future hydrocarbon production on your properties and the commodity prices for oil, gas, condensate, and natural gas liquids. This takes into account wells that are likely to be drilled in the future. Production and price data is entered into our proprietary economic modeling software that calculates the net present value of future royalty revenue. The result is a final dollar per acre opinion of value for your mineral rights. In the appraisal world, this is referred to as the “income approach”. We also consider comparable sales of mineral rights near your property, however, when valuing mineral rights this approach is often not as accurate as the income approach.