Selling mineral rights? We buy them directly.
Peregrine buys producing oil and gas mineral and royalty interests from owners. Internally funded and partner-led, with a one-page worksheet that shows exactly how we priced your interest.
Does Peregrine buy mineral rights?
Yes. Peregrine buys producing oil and gas mineral and royalty interests directly from owners, including inherited and long-held interests. We are internally funded and partner-led, so the partner who values your interest is the one who closes it.
The royalties we buy are the same producing interests we offer to 1031 investors as replacement property.
How do you value my minerals?
We show our work. Every valuation comes with a one-page worksheet: a reserve estimate, comparable closed transactions in your basin and county over the past 18 months, the discount rate, and what the number becomes if oil or gas prices fall.
We don’t price from basin-wide averages, which can hide county-level differences large enough to move a fair offer by 30%.
Read the valuation methodologyHow long does a sale take?
From first call to a signed purchase agreement typically takes 5 to 10 business days.
If you plan to exchange the proceeds, the 1031 clock starts when the sale closes: 45 days to identify replacement property and 180 days to receive it.
Should I sell my mineral rights or exchange them?
If you hold mineral rights as an investment, you may be able to defer capital gains on a sale by exchanging the proceeds into other like-kind real property under Section 1031, such as rental real estate, a Delaware Statutory Trust, farmland, or other royalty interests.
Whether your interest qualifies depends on how it is held and the facts of your sale, so have your tax advisor and Qualified Intermediary review it before you sign. Peregrine is not a Qualified Intermediary.
Check which interests qualifyWhat if I inherited the minerals?
Inherited property often receives a basis set at its fair market value on the date of death, which can reduce the taxable gain on a sale and change whether an exchange is worth it. Confirm the adjusted basis with the estate’s tax advisor before you decide.
What should I have ready?
- Your deed or assignment.
- Your most recent division order.
- Any AMI or side agreement attached to the interest.