Black Diamond Minerals was formed in 2020 to guide and assist mineral and royalty interest buyers in finding the most valued minerals in the United States at the best price. Our main goal is to acquire properties that have already producing wells with long production lives that will generate a nice monthly passive income stream for many years. Mineral or royalty interest ownership is like a real estate opportunity to develop monthly passive income without having to be hands-on. For example, with rental properties you are continually managing and accruing continued costs for the upkeep of the property. With this opportunity, your only cost is to purchase the mineral interest ownership.
If the operator of the property decides to develop the acquired acreage, the mineral interest owner never has to pay out-of-pocket for the additional wells and will receive a percentage of the royalty income that comes from the future production. Your royalty interest income has tax benefits for the owner.
Royalty Interest Ownership is low risk ownership in the oil and gas sector. If you have participated in a joint venture, it is very risky to receive the potential return percentage because it is exploring to discover oil and gas instead of ownership in productive and active wells generating monthly passive income. You must fund the drill and completion of the well. Also, you must pay for any over costs over budget to drill or complete the well, and pay for the monthly expenses associated with the production of the well. Also, your (Net Revenue Ownership) is only in the individual wellbore that is being drilled and more funds are needed to drill any additional wells to develop the acreage or field. However, if the exploration for oil and natural gas is unsuccessful which is called a “dry hole”, the joint venturer essentially loses all their capital invested in the opportunity.
With Black Diamond Minerals, we take this risk out of the equation of exploring for hydrocarbons because we are focused on properties that have solid well production in the most lucrative Shale Plays in the country and that are profitable if purchased at the best price and value of the minerals. Also, we are involved throughout the entire process from researching title and ownership of seller to filing the deeds in the county courthouses where the property is located as well as filing all division orders with the oil, natural gas, and NGL purchasers that have been acquired.
Your monthly revenue income is paid directly from the purchaser every month so there is no middleman or delay of receiving your monthly cash flow distribution.
Black Diamond Minerals continues to search for properties to purchase in the Eagle Ford, the Marcellus, and the Haynesville Shale, as well as in the Bakken and the Midland Basin which are considered the biggest discoveries in U.S. history. The hardest decision you must make is to diversify into the oil and gas sector and begin enjoying the benefits and passive income from owning mineral or royalty interest.
