See how each client's value moves with the discount rate.
For each client and the whole book, with the steps and the oil and gas prices behind each value.
- Texas Railroad Commission and county records
- Oil and gas prices from the U.S. EIA, each dated
- An estimate, not an appraisal
Try the three rates.
Mineral values are hard to talk about with confidence.
Prices in the news
Oil moves every day, and clients ask what it means for them. A headline price isn't what their check is based on.
Every price is dated and explained, including whether it feeds the client's figures.One number, hidden assumptions
A single value hides the discount rate behind it, and a few points of rate can move it by 10% or more.
One estimate at three discount rates, side by side.Hard to defend in a meeting
A value without its method is hard to explain to a client.
Each lease's value shows its method, step by step, with sources.
One forecast, three discount rates.
Each client's value estimate at 23.52%, 18% and 13.25%, and the whole book, from the same forecast and prices.
- 18% is the MVestimate; 13.25% and 23.52% are comparison rates.
- The whole book too: a total at each rate, beside each client.
- Each client moves by a different amount, so you can see which values are most sensitive.
| Client | At 23.52% | At 18% (MVestimate) | At 13.25% | Change vs 18% |
|---|---|---|---|---|
| The Hollis Family Trust | $265,000 | $312,000 | $371,000 | −15% · +19% |
| The Alder Bend Trust | $131,700 | $148,000 | $165,800 | −11% · +12% |
| Whitlow 2018 Family Trust | $81,100 | $96,500 | $116,800 | −16% · +21% |
| Cedar Draw Holdings, LLC | $464,400 | $540,000 | $631,800 | −14% · +17% |
| Whole book | $942,200 | $1,096,500 | $1,285,400 | −14% · +17% |
One lease, worked through.
The Hollis Family Trust's share of the Caprock Mesa 9 Unit, step by step.
$12.75 million × 0.004110
The same steps run for every lease with production and ownership records on file, whether a client holds one or hundreds.
Note for your fileWhy three discount rates?
- What does the discount rate do?It converts each future month's estimated income to present value. A higher rate counts later months for less, so the value is lower.
- Which one is the MVestimate?18% a year. 13.25% and 23.52% are shown for comparison only.
- Is any of them an appraisal?No. All three are estimates, not appraisals, offers or tax advice.
See the three rates for your own clients.
Create a free advisor account →Three prices, three jobs.
Oil and gas have more than one price. Here's which one each figure uses.
The latest spot price
A dated benchmark from the U.S. EIA.
For contextThe month's average spot price
Prices each month's estimated income: WTI for oil, Henry Hub for gas.
Estimated incomeA dated forward price list
Prices each future month in the value estimate.
Value estimate
And the price your client is actually paid on: the realized price, after transport and quality differences. It's on the client's check stub, and can differ from the benchmark.
The latest prices, one click from their history.
Oil, gas, Brent and propane benchmarks from the U.S. Energy Information Administration, at the top of every workspace page.
- Dated, with the change from the day before.
- One click opens two years of history and a plain-English "what it is".
- Brent and propane are shown for context; only WTI and Henry Hub feed estimated income.
Two years
WTI Cushing spot, $/BBLWhat it is
A daily benchmark spot price published by the U.S. Energy Information Administration. It is not what a royalty is paid on: operators sell at the lease, after transport and quality differentials, and pay on that realized price.
Want to see these for your own clients?
Find a client's record →Built from records anyone can check.
Production and filings
As reported to the Texas Railroad Commission.
Ownership and value
Texas county appraisal records: the interests and shares they list, and the county's value.
Prices
The U.S. Energy Information Administration's daily benchmark prices, averaged for each month.
Value estimate
Mineral View's own estimate, with its likely range and method shown.
- Estimates, not appraisals, tax advice or investment advice
- Texas only, in the counties whose records are on file
- Spot prices are benchmarks, not what operators pay on
Note for your fileWhat happens to your client data?
- Who can see the notes I keep on a client?Your private notes are visible to your firm only.
- Is anything sent to my clients or to operators?No. Nothing is sent unless you send it yourself: you save or print each document and decide what to share.
Every client's value, with the rate in view.
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