I think I have some valuable minerals/oil/gas on my land. How can I evaluate its mineral potential?
Detailed mineral/oil/gas evaluation requires a great deal of work and ultimately the services of an expert geologist. However, even after completion of such an evaluation only the drill bit can definitively determine the value of the asset. The evaluation of mineral or petroleum potential is an interpretation based on the data available. Where this data is abundant, far more confidence can be put into the interpretation than where the data is sparse. Please note that even where a lot of drilling has taken place in the past, there could be a deeper potential.
Independent consulting geologists perform mineral/petroleum evaluations. Names of consulting geologists are listed in the yellow pages of the telephone directory under "Geologists." The Ardmore, Oklahoma City, and Tulsa Geological Societies (see Appendix) are professional organizations that have the resumes, special qualifications, and areas of geographic expertise of many consulting geologists.
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