If you're thinking about selling mineral rights in Ohio, you probably want to know what happens between the first phone call and getting paid. At Gateway Royalty, you can start by telling us where your minerals are located. We'll review the interest, discuss an offer if it's a fit, and handle the title work and paperwork for a potential sale.
You can ask questions without committing to sell. Here's how the process generally works with us.
1. Tell us about your interest
Call Gateway or send us a message. It helps to know the county and property location, whether you're receiving royalty checks, and whether you own the entire interest or share it with family members. If you have a deed, lease, or recent royalty statement, those can be useful too. You don't need to assemble a complete title history before calling.
We can talk by phone, text, email, or in person, depending on what works best for you.
2. We evaluate the minerals
An acre of minerals doesn't have one fixed price. We look at the location, the interest you may own, lease terms, nearby production, geology, operator activity, and the potential for future development. Our team focuses on Ohio's Utica Shale and uses its own data and local experience to evaluate each opportunity.
The result is an assessment for a possible purchase. If the interest fits what Gateway buys, we'll discuss an offer. Learn more about what affects mineral value.
3. Review the offer and decide what to sell
We provide an offer in writing so you can consider the price and the interest it covers. You may want to sell all of your interest, or discuss selling a portion and keeping a portion of any future royalties. Ask us to explain what the offer assumes about your ownership and what title research still needs to confirm.
There's no obligation to accept. You can take time to consider your goals and speak with your own attorney or tax adviser if you want advice about the documents or your particular circumstances.
4. Sign the transaction documents
If we agree on terms, Gateway prepares the paperwork for the proposed sale. Our process uses an order of payment stating the agreed purchase amount and a mineral deed describing the interest to be conveyed. We'll walk you through the documents and answer questions before you sign.
5. We confirm title
Gateway's in-house title team reviews the ownership records in the county where the minerals are located. This confirms what interest you own and whether it can be conveyed as described. Mineral rights can be separated from surface property and divided among heirs, so the records may reveal a different interest from what someone expected.
We handle and pay for our title search. If the records raise a question, we'll explain what additional information or documentation is needed. See how a mineral rights title search works.
6. Receive payment and record the deed
Once title is confirmed and the agreed conditions are met, Gateway pays you and records the deed with the appropriate county. Confirm the available payment method with our team when reviewing your transaction.
How long does it take? A straightforward ownership history may move quickly; a divided parcel, inheritance, or missing document may take longer. We'll explain the remaining steps and timing for your particular interest rather than ask you to rely on a standard deadline.
What happens after I sell?
The deed determines the interest transferred to Gateway. If you sell only a portion, you retain the portion described in the agreement and deed.
Want to find out what a sale could look like for you? Contact Gateway Royalty with the property location and any questions you have. We'll explain the next step and, if the interest is a fit, what we would need to make an offer.
