Does Anyone Know How to Value a Oil Royalty Interest?
My husband and I inherited oil royalty interests in CA about 6 years ago. Three of them are paying quite well right now, as you can imagine. Yesterday we received checks totaling $4,500 for the month, the best yet.
For NW purposes, how would you calculate value? I'm a property person so my instinct would be to estimate a value based on an income stream, say 10x the annual gross.
But is anyone out there from the Oil leasing business who really knows?