Do you have a property in Colorado, Tennessee, Kansas, Kentucky, Louisiana, New Mexico, Ohio, Oklahoma, Pennsylvania, Texas, West Virginia or Wyoming?
According to the US Minerals Management Service and the US Department of Energy, these countries have the highest number of active oil and gas producing wells. If you are staying in one or another country, you may be able to benefit financially from oil and gas royalties.
If you are thinking of investing in this sector, then you may consider ennessee oil and gas industry and oil investment companies.
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With most if not all of the major oil fields in the continental United States and offshore has been and utilized energy companies increasingly rely on wells and smaller production creates the opportunity for you to benefit financially from oil and gas royalties.
Oil and gas royalty payments made from an oil exploration company to an individual property owner or group of investors who are compensated for the extraction of oil and / or gas from their land (s). This leaves the burden of risk for energy companies to explore and extract oil and / or gas from the ground without requiring them to buy land directly, similar to a lease.
In the case of deposits of oil / gas potential that lies in or under the government land, arrangements are usually made while the number of typical industry standard paid for a government agency acting on behalf of the taxpayer but the level is under federal jurisdiction under these circumstances.