What did gasoline prices do this week? Did last week’s crude oil price jump stick? How will this market affect royalty owners’ taxes? Is drilling activity continuing to drop?
This week in At the Root of It, your bite-sized explanation of key industry news.
My wife needed an appraisal of some inherited mineral rights. It isn’t easy to find someone to do this, especially at a reasonable cost. Tracy did an outstanding and thorough job. When the appraisal was finished she spent an hour with us going over the details and methodology and was very patient and clear in her explanations. We now have a much better understanding of our holdings. We were very satisfied and would highly recommend Tracy.
I recently had call to hire Tracy of Pecan Tree for a valuation of mineral rights I intend to sell. The only trouble I had working with Tracy is she made the competition look like either ignorant clowns, self-important posers, or outright crooks.
Tracy explained in simple terms some of the complexities of oil and gas valuation, processes, terminology, and methodologies. She told me more in five minutes than an exhausting half hour conversation with a representative of another organization. She is not only easy to communicate with, but gracefully transitions to nuanced arguments when needed.
Her final report was thorough, well documented, easily understood, and I expect will pay for itself when these interests hit the market. Certainly, it gave me confidence and peace of mind knowing where I stand and what I can expect financially.
It’s not just me. When I asked another professional, I was told I could hardly do better than working with Pecan Tree. I would recommend Tracy and Pecan Tree without reservation.
“I inherited a piece of property in West Texas that I had never seen before and knew very little about. Tracy’s Quick Look evaluation provide the pertinent data and information that I’ve found quite helpful in the further knowledge of my land. I definitely would recommend her services for anyone in a similar situation such as mine.”
“Wow! My family and I went from zero knowledge to renegotiating our oil lease with 100% success after Tracy completed and debriefed us on the Quick Look report she did for us. We were on a short timeline to get the lease signed and Tracy was able to complete the report in 24 hours. The Quick Look was professionally written, thorough and comprehensive. For the first time we gained an understanding of the geography, drilling trends in area, and strategies for protecting our rights. We implemented all of her recommendations on the lease renewal negotiations resulting in additional bonus revenue and better post production cost terms. The conference call to review the report was invaluable to our learning process. I highly recommend her services.”
“Tracy & her staff have been awesome at what they do. Tracy was recommended to me by a friend and I have absolutely no regrets on having her help me with what I needed. If you have royalties? I HIGHLY recommend her company!!! She responds to every single email and is a very courteous and sweet person!! I just can’t say enough about them.”
“What a great and needed service to protect the ‘little guy’. Tracy has the professional expertise and the personal touch to help owners understand the value of what they own and assess opportunities for the future.”
“I’ve always been impressed with Tracy’s wholistic understanding of the oil & gas business, and her ability to turn data into insight. She sees the big picture when the rest of us get caught in the weeds, and asks the right questions when the people around her are getting tunnel vision. Pecan Tree Oil & Gas would be my first call for an honest, accurate evaluation of my property’s value.”
“I recently needed some inherited mineral property appraised for capital gains purposes and to also help me evaluate various purchase offers. Pecan Tree Oil & Gas gave me a comprehensive and objective report based on scientific analysis and extensive industry knowledge. I would highly recommend their services!”
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