Heritage Land & Minerals

The Library

Knowledge for mineral owners.

The library

Guides, insights, and
answers for owners.

Explore practical guides, articles, and answers covering mineral ownership, royalties, Section 1031 exchanges, and more. Whether you are just getting started or looking to learn more, our library is built to help.

Featured

Heritage Investor Prospectus

Our current mineral and royalty offerings, tax considerations, and a mineral acquisition overview. Available to accredited investors; we confirm fit before sending.

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More guides and market insights will appear here as they are published. In the meantime, browse the glossary and the common questions below.

Reference

The mineral & royalty
glossary.

Our glossary explains the terms you'll encounter when owning, buying, or selling mineral and royalty interests. From division orders and leases to royalty statements and title documents, each definition is written in plain English to help you better understand your ownership.

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Royalty Interest
The right to receive a share of the revenue from oil and natural gas produced from a property without paying the costs of drilling or operating the wells.
Decimal Interest (DOI)
Your decimal interest represents your ownership share in a well or unit and is used to calculate your share of production revenue. It appears on your division order and revenue statements and determines the amount of royalty income you receive.
Held By Production (HBP)
A lease that remains in effect because oil or natural gas is being produced in paying quantities.
Overriding Royalty Interest (ORRI)
A royalty interest created from a working interest that entitles the owner to a share of production revenue without paying drilling or operating costs. An ORRI does not affect the mineral owner's ownership interest.

Frequently asked questions

The questions owners and investors ask most.

A few of the most common ones. See the full list, grouped by topic, on our FAQ page.

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Investor voices

What investor partners say.

“I've worked with Don and his team at Heritage Land & Minerals on over five mineral properties. I've continued investing with them and have enjoyed how easy and straightforward they have made the process.”
Richard A. · Investor

Names abbreviated at investor request. Past performance is not indicative of future results.

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Confidential Prospectus

Heritage Land & Minerals
Prospectus

Current offerings, tax considerations, and a mineral acquisition overview.

  • Current mineral and royalty offerings
  • 1031 exchange eligibility overview
  • Tax considerations overview
  • State-by-state field data
Pages from the Heritage Land & Minerals investor prospectus, including the executive summary and mineral field data Request access below

Request access to current offerings

If you're an accredited investor exploring oil and gas investments, we're ready to discuss fit and share our current prospect details.

An accredited investor generally means income over $200K individually / $300K with spouse for the past two years, OR net worth over $1M excluding primary residence, OR an approved professional certification. We'll confirm details before sending the prospectus.

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Risk disclosure

Mineral and royalty investments involve substantial risk, including the loss of principal. Distributions depend on production volumes, commodity prices, operator performance, and other factors outside Heritage's control, and are not guaranteed. Mineral and royalty interests are illiquid; there is no public market for them, and resale, including its price and timing, is not guaranteed. Heritage Land & Minerals offerings are available only to accredited investors and only by means of a confidential prospectus that contains the complete risk disclosure. This website is not an offer to sell or a solicitation of an offer to buy any security.