- Q. How does Noble Royalties Evaluate royalty properties?
- A. We use 6 months of your most recent check stubs to build a database. From there, we pull all drilling permits and any additional information to determine how many new wells could potentially be drilled on your property. Once future production has been determined, we use a NYMEX strip to estimate future monthly cash flow. Our offer will then be based on a monthly multiple times currently cash flow, as well as, location, operator, well count, reservoir, life expectancy of wells and upside potential.
- Q. How much data will Noble require for them to make an offer on my property?
- A. All we will need is your most recent 6 months of check stubs.
- Q. Do I have to sell all of my royalties?
- A. No, you can sell as much or as little as you want.
- Q. How long is the closing process?
- A. Once agreement is reached and all necessary paperwork is signed, payment will be sent to you within 24 hours.