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Selling Mineral Rights In Texas And How It Works

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Mineral rights award the authority to harvest resources from a certain land. However, the word “mineral” may include petroleum, natural gas, metal, and coal. Texas is famous for producing oil and gas. In fact, with many areas rich with resources such as the Eagle Ford Shale and Permian Basin,

Texas has gained a reputation of its own as the country’s largest producer of oil and gas. Living in Texas could mean that you might just be sitting on mineral deposits. Maybe now is the time to find out. 🙂

In this blog post, some of the advantages of selling mineral rights in Texas are mentioned for your perusal.

Advantages of Selling Mineral Rights in Texas

Taxes

Mineral divestiture allows you to reap the benefits of relatively low taxes on capital gains and strategic 1031 property exchange.

The interest in minerals and royalty are real property interests and are classified as capital assets for federal income tax considerations. When it’s maintained for more than a year, the capital asset will be counted as long-term capital gains, leading to substantial federal tax cuts once the property is transferred.

Production Decline

The RRC estimates that from June 2018 to May 2019, the total output recorded by Texas was around 1.4 billion crude oil barrels and 9.2 trillion cubic feet in gas. However, your interest in oil and gas is a scarce and depleting asset. The production of oil wells is steadily declining, and royalties become lower and lower. Horizontally drilled wells undergo a drastic decline in output from the first 30 days.

Minimizing the Timing Threat

Keeping your mineral rights is a gamble if you think somebody will ultimately develop your land area, but further progress can take several years or may not occur at all, based on economic demands. Divesting your mining interests means that you will be paid with no possibility of uncertainty.

Lowering Oil Price Uncertainty

Market fluctuations in the competitive crude oil industry indicate that the volume of your potential monthly royalties is highly volatile. West Texas Intermediate is a reasonably light crude oil, and because of that, it’s used as a standard for fuel pricing. It’s included in commodity price reports, among other major oil brands, such as the UK Brent or the OPEC basket. Once you sell your mineral rights in Texas, you remove the possibility that your prospective royalty payments will be decreased when oil price lowers.

Versatility and Convenience

Not having the responsibility to monitor and validate the monthly performance reports, division directives, and other documentation from various distributors, you can be free to allocate your money and time somewhere more profitable for you.

Diversification of Assets

Diversification is an investing strategy that permits you to boost your visibility to all other markets via equities, bonds, property development, etc.

What’s the Mineral Rights Selling Process in Texas?

Selling mineral rights is considered as a real property trade and the process usually follows this path.

  • The buyer and the seller must negotiate and agree on a price.
  • Legal documentation is signed for both sides during agreements, typically as a Purchase Sale Agreement (PSA) or a Letter of Intent (LOI).
  • The property title is subject to an inspection procedure, where the company sends a landman to the location, and the title is verified.
  • Last is the closure in which the deed or conveyance will be traded for the decided price.

The entire mineral sale process typically takes about 30 days to finish.

Summary

Whether you’re planning to sell your mineral rights in Texas or merely would like to explore the advantages you can gain in doing so, start first by locating a seasoned royalty company to work with. A trustworthy royalty firm has significant exposure to a network of eligible buyers who could pay you the highest price for your rights and will ensure dishonest buyers do not exploit you. If you sell mineral rights in The Lone Star State to the correct purchasers, you can make a huge profit!

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Content Marketing

How To Write A Blog Post In Less Time

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Writer’s block is not just the reserve of book authors, bloggers and indeed all of us get it too. So how do you get your writer’s mojo back so you can contribute more posts on your blog in less time?

Here are a few recommendations that are sure to get your ideas and thoughts onto your blog in record time.

Time

Consider when the time is right for you, i.e. what time of the day are you at your peaking writing performance? There is no one right or wrong answer as some people are at their most lucid at the start of the day, while others come alive after dusk. If you want to write in the middle of the night – do it!

Getting the time of day sorted will shorten the time it takes for you to transform your ideas into articles without the need for copious revisions before the final post is published and shared with your blog followers and to your social media profiles.

Grammar and Spell Checker

The English language is considered one of the hardest to learn so if English is not your first language, yet your website and blog are in English. You need to master the language well enough to articulate your thoughts using a style most used by English speakers. Using language translation apps to present your articles in different languages only works moderately well.

Why English Is Challenging

English is derived from the Germanic family of languages with 26 per cent of it coming from German and 30 per cent from French and Latin respectively. When the Normans invaded England, they bought their languages, and that’s where the ‘old English’ originated. English has evolved through the generations and most notably the spelling and pronunciation.

Conversational English is spoken and written today, and it is this style that is used by most bloggers. Even those among us who did well in English at school get caught out with its complexity. Even the basics of grammar catch us out, i.e. when to add a comma, when is a sentence ‘unclear precedent’? When do propositions change the meaning of verbs? Have I lost you yet?

Use An App

Well, the good news is you don’t need a Masters qualification in English to have the confidence to write on your blog. If there’s a problem, you can be sure someone has created a solution with an app. A grammar app will knock off minutes if not hours every week in editing your work. There are free grammar apps for quick checks on spelling and basic grammar errors, and then you can pay for a service and get the premium service.

Some of the apps you could consider are:

  • Grammarly
  • AfterTheDeadline
  • Ginger
  • SpellCheckPlus
  • Whitesmoke
  • ProWritingAid

Whatever app you choose to use, make sure you get the operating system and browser plugins to make light work of accessing the feature when you need it, i.e. when you’re crafting your content.

Research

Plan your research before you need the content for your blog articles. If you are left with little choice of when you can write an article or blog post you’ll want to have a repository of reference sites and topics to explore.

Find inspiration for your blog writing, with a topic that trending, and use popular SEO tools like Keyword Research Tool and also free is the Content Idea Generator.

Practice Makes Perfect

Training and practice makes perfect‘, and for bloggers – near-perfect is good enough. 🙂 The hardest part of starting something new is the unknown, but in time with experience and learning, confidence builds, and if you love what you do, you will practice a lot. Practice by writing a minimum of one blog post a day and just watch the time per post shrink while the quality of your content remains high.

Summary

Writing does come naturally to some people but only because they love it, and when you love something, you want to do it all the time. For the rest of us who understand that ‘content is everything’ for SEO use these tips to shorten the time it takes you to write a unique, relevant post that is informational yet casual. Hence, a wider audience engages with it and whatever it is you’re selling on your website. Here is your next tip – how to use emojis in your marketing.

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Education

Is Graphene Nanotechnology The Most Effective Cooling Solution?

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Modern technology is making seemingly impossible things a reality every day; we can now look at our smartphones and they unlock using face recognition, our entire jobs can be completed using a tablet, and our headphones can sense when they’re on your head to play and pause the music!

These small things may seem insignificant, but 20 years ago none would have seemed plausible, but here we are using each of these features daily. One of the most exciting advancements made in technology recently is the progression of graphene nanotechnology and it’s changing business. Once simply the latest scientific discovery grabbing headlines, it is now transitioning into commercial use, with several real-world applications already realised.

Graphene nanotechnology can be used as an incredibly intelligent and effective coolant across a range of industries, but is it the most effective solution on the market? Find out how it stacks up against the current market-leading solutions below.

What Is Graphene Nanofluid?

First of all, you’ll need to understand what it is we’re dealing with. Graphene is a form of carbon, made up of interlocking atoms to create an incredibly thin yet durable material. It has incredible capabilities in many fields, including heat conduction.

The material was first isolated in Manchester in 2010 and is regarded as one of the most innovative and exciting discoveries of the past century due to potential applications.

Graphene is 10,000X more effective at conducting heat than water, opening the door to thousands of possibilities for large and small scale cooling. Graphene nanofluids are a family of fluids that have been enhanced using nanotechnology, allowing them to be used in heat transfer – this scalable solution can be applied to high heat processes in industries such as automotive, high-performance computing, and industrial systems.

Advantages Of Graphene Nanotechnology

When compared to other cooling solutions, graphene nanotechnology is a hugely advantageous feature to embed into your blueprints, proving a more effective coolant to almost any design with high-heat areas.

The patented technology by Flexegraph offers around 30-80% improved heat exchange in comparison with other market-leading technologies, creating the environment for unrivalled performance when applied to high thermal loads.

In terms of the eco-friendly philosophies behind the application of graphene, Flexegraph’s solution manages to cover all the bases – it’s a non-toxic technology that can be utilised for sensitive applications. Graphene’s heat conduction properties lead to fewer restrictions due to the thermal limits in the automotive industry, enhancing performance in the most environmentally-friendly way possible.

Whilst the main focus for the applications are based in the automotive and high-powered computing industries, there are far more uses for nanofluids to be found, with the potential to revolutionise standards across industries being a real possibility in the future.

Flexegraph is one manufacturer that has designed a flexibly formulated solution that’s entirely scalable, providing compatibility with existing additives and components, which makes the coolant incredibly versatile and ready to become the “Intel Inside” of the liquid cooling market.

With this more efficient solution it can help reduce costs for business in both the production and maintenance of products that require extensive cooling. Better heat management = a more efficient system, lower costs and a smaller carbon footprint!

Summary

While most businesses focus on technology disrupters, the Graphene nanotechnology is a quiet achiever which we will find in paints, electronics, solar panels and flexible displays such as advertising billboards. With endless opportunity to use the technology we wanted to share it with you in this article.

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Education

What It Takes To Become A Successful Commercial Driver

licence

These days, just about every adult in the UK has a driver’s licence, but driving for a living is very different from driving for personal commuting or pleasure.

Basically, it’ll be work and you will need to approach it as such if you want to be a success at it. With that in mind, here are some tips about what it takes to be a successful commercial driver.

Education/training

All forms of commercial driving require some form of education/training. For example, taxi drivers have to learn the geography of their local area (even with sat nav, it’s not 100% reliable).

While HGV drivers need to know relevant safety procedures (which may include manual handling to help with loading and unloading their vehicle) and at least basic mechanics (to be able to take care of minor repairs themselves and reduce delays to their journey).

Time-management skills

When it comes to commercial driving, time-management isn’t just about turning up to work on time (although this is obviously important), it’s about managing your time effectively, so that you remain on schedule throughout the entire period of your working day, which, in some areas of commercial driving can be very long.

For example, HGV drivers may work 12-14 hours a day while they are making deliveries and then have an extended spell of leave to recuperate.

People skills

Most commercial driving jobs involve some element of working with people. If you’re working as a taxi or bus driver (or as a private chauffeur) then you will have passengers.

If you are driving goods vehicles, such as HGVs, then you will be dealing with your control staff and also with the people who help to load and unload your vehicle (and possibly maintenance staff as well).

That said some commercial drivers also need the ability to be able to cope with long periods alone. This is particularly true of HGV drivers.

The ability to keep calm under pressure

Even on the best days, things can go wrong, and sometimes we all have “those days” when nothing seems to go right. This is particularly true of people who drive for a living since the UK’s roads are very crowded (as are the roads in many other European countries), which means that, quite bluntly, there is a lot of scope for becoming a victim of someone else’s incompetence, albeit usually only in a fairly minor way.

If you are the type of person who suffers from “road rage” then you will need to look for an alternative career, but if, by contrast, you are the type of person who can keep your cool in just about any situation and then you could become a highly-valued commercial driver.

The ability to keep your focus over long periods

Picking up from the above points, while some issues are unavoidable, many potential hazards/difficulties can be avoided (or at least minimized) if you keep your focus on the road at all times so as to give yourself the best chance of anticipating them.

Even if it doesn’t, keeping your situational awareness will vastly reduce the risk of you becoming a hazard to other road users.

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