American Mineral RegistryResearch & data

Marcellus and Utica Mineral Buyers: Who Says They Buy in Pennsylvania, Ohio and West Virginia

Updated 63 primary-source citationsSources read October 8, 2026
On this page
  1. Key Takeaways
  2. Which three buyers fit a Marcellus or Utica interest?
  3. Which buyers say they buy in Pennsylvania, Ohio and West Virginia?
  4. What do Appalachian buyers say they buy?
  5. What do these buyer sites state about a sale?
  6. What payment rules apply in Pennsylvania, West Virginia and Ohio?
  7. Methodology and Sources

Marcellus and Utica mineral buyers are firms whose own sites say they buy in Pennsylvania, Ohio or West Virginia. Of 148 buyer, broker and listing sites in a public directory of mineral buyers, 24 name Pennsylvania, Ohio or West Virginia in their own words, and 14 more include it in longer lists of areas (AMR buyer ledger, Oct 2026). Each is quoted below with what it says it buys.

This page lists those buyers, what kinds of interests they say they buy, what their sites state about a sale, and the state rules on royalty payment and unclaimed money that apply in Pennsylvania, West Virginia and Ohio. It is a list of statements, not an endorsement, with a ranked shortlist of three first. American Mineral Registry, which publishes this page, also buys; it is ranked and marked in the shortlist below, never in the counts.

Key Takeaways

Which three buyers fit a Marcellus or Utica interest?

Three buyers whose own words cover Appalachia. The first is ranked for its long Ohio record, American Mineral Registry for covering all three states and every other, and the third for its Marcellus and Utica focus; each one's own site shows where it stops.

Marcellus and utica mineral buyers: three buyers compared, what each covers and where each stops, American Mineral Registry second and marked as the publisher
Figure 1: The three firms, what each covers and where each stops, from their own sites. Source: AMR buyer ledger, Oct 2026. Drawn by American Mineral Registry from the cited source, checked October 8, 2026.

1. Why is Gateway Royalty ranked first?

Gateway has worked with Ohio owners for years, including partial sales, but only in Eastern Ohio.

  • Pro: Gateway Royalty has worked with Ohio landowners who chose to sell only a portion of their minerals or royalties (Gateway Royalty, LLC, Oct 2026).
  • Con: For the past 13 years, we’ve worked exclusively with landowners in Eastern Ohio (Gateway Royalty, LLC, Oct 2026).

2. Why is American Mineral Registry ranked second?

Publisher of this page. American Mineral Registry takes interests in Pennsylvania, Ohio and West Virginia and in every other state, so one request covers an owner with minerals in more than one place.

3. Why is Cavallo Mineral Partners ranked third?

Cavallo buys in the Marcellus and Utica across all three states and says the owner pays no costs.

Which buyers say they buy in Pennsylvania, Ohio and West Virginia?

24 buyer sites name Pennsylvania, Ohio or West Virginia in their own words. Pennsylvania and West Virginia are each named by 11, Ohio by 10, and the Marcellus and Utica by 5 and 3.

Buyer sites naming each area, pennsylvania 11, west virginia 11, ohio 10, appalachia 9, marcellus 5, utica 3
Figure 2: Most of these sites name a state or Appalachia; five name the Marcellus and three the Utica. Source: AMR buyer ledger, Oct 2026. Drawn by American Mineral Registry from the cited source, checked October 8, 2026.

Which buyers name it on their own site?

The 24 sites below, in alphabetical order, each quoted where the site names Pennsylvania, Ohio or West Virginia. A further 14 name it only within longer lists of areas and are not listed here.

BuyerWhere its own site says it buys
America's Choice Royalty ServicesWe have established ourselves as a premier royalty broker throughout the entire Appalachian Basin (America's Choice Royalty Services, Oct 2026)
American Mineral SolutionsWe serve landowners across Pennsylvania, West Virginia, and Ohio, with a focus on the Marcellus and Utica Shales. (American Mineral Solutions, Oct 2026)
Appalachian Mineral Partners, LLCActively buying mineral rights in West Virginia, Pennsylvania, and Ohio since 2012. (Appalachian Mineral Partners, LLC, Oct 2026)
BHCH Mineral, LTDWe purchase minerals throughout the United States with a focused interest in Texas, Oklahoma, Louisiana, West Virginia, and Pennsylvania. (BHCH Mineral, LTD, Oct 2026)
Bounty Minerals, Inc.We target the Southwestern portion of the Appalachian Basin in the tri-state area covering Ohio, West Virginia, and Southwestern Pennsylvania. (Bounty Minerals, Inc., Oct 2026)
Cavallo Mineral Partners, LLCCurrently our acquisition efforts are focused on the Marcellus and Utica Shale formations underlying the states of Pennsylvania, Ohio and West Virginia. (Cavallo Mineral Partners, LLC, Oct 2026)
Country Roads Minerals, LLCCountry Roads Minerals is actively buying mineral and royalty interests in the Appalachian basin in the counties of Doddridge, Harrison, Marion, Marshall, Monongalia, Ritchie, Tyler, and Wetzel. (Country Roads Minerals, LLC, Oct 2026)
CP Royalties, LLCWe Target Mineral Rights and Royalty Interests in the following areas: Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, Wyoming (CP Royalties, LLC, Oct 2026)
Divot Minerals, LLCDivot Minerals is actively buying in Ohio, Pennsylvania and West Virginia. (Divot Minerals, LLC, Oct 2026)
Flat River MineralsFlat River Minerals is actively investing in Appalachia (WV, OH, PA) and Wyoming. (Flat River Minerals, Oct 2026)
Gateway Royalty, LLCFor the past 13 years, we’ve worked exclusively with landowners in Eastern Ohio. (Gateway Royalty, LLC, Oct 2026)
GRP Energy Capital LLCWe are actively seeking oil and gas royalties, minerals and overriding royalty interests in the EagleFord, Wattenberg / DJ Basin, Barnett Shale, Woodford Shale/SCOOP & Stack Plays, Bakken Shale, Marcellus Shale and Permian Basin. (GRP Energy Capital LLC, Oct 2026)
Haystack MineralsWe buy everything from producing acreage to non-producing acreage (leased or un-leased) in Pennsylvania, West Virgina and Ohio. (Haystack Minerals, Oct 2026)
Horizon Resources, LLCWe are happy to review assets from other basins in the continental United States; however, Horizon is currently focused on the Anadarko Basin, Appalachian Basin, DJ Basin, Permian Basin, Powder River Basin, and Williston Basin. (Horizon Resources, LLC, Oct 2026)
Jetstream Oil & GasJetstream primarily focuses in the Permian Basin, with other interests in the Eagle Ford, Appalachian, and DJ basins. (Jetstream Oil & Gas, Oct 2026)
Master Mineral HoldingsMaster Mineral Holdings is one of the largest buyer of mineral rights in the Appalachian Basin and West Virginia specifically. (Master Mineral Holdings, Oct 2026)
OGI Minerals, LLCspecializing in the acquisition of mineral rights across the diverse landscapes of Oklahoma, Texas, Ohio, New Mexico, West Virginia, and Pennsylvania. (OGI Minerals, LLC, Oct 2026)
Paint Rock Royalty, LLCWe focus on several key regions across the United States, including the Permian Basin, Eagle Ford Shale, Bakken Shale, Marcellus Shale, Haynesville Shale, Barnett Shale, Fayetteville Shale, Niobrara Shale, Woodford Shale (SCOOP/STACK), Lea County (New Mexico), and the Midland Basin. (Paint Rock Royalty, LLC, Oct 2026)
Ranger Land and MineralsRanger Land & Minerals is currently focusing its efforts in Texas, Oklahoma, Kansas, Louisiana, New Mexico, Colorado, West Virginia, Ohio, Pennsylvania, North Dakota and Wyoming. (Ranger Land and Minerals, Oct 2026)
San Jacinto Minerals, LLCwith a strategy focused on the Appalachian Basin, Delaware Basin, DJ Basin, Haynesville Shale, and Eaglebine Play (San Jacinto Minerals, LLC, Oct 2026)
San Saba Royaltyexpand our acquisitions to include Texas, Louisiana, Arkansas, New Mexico, Pennsylvania, and other oil and gas producing regions throughout the country. (San Saba Royalty, Oct 2026)
Stone Hill MineralsStone Hill Minerals is actively buying mineral & royalty interests in oil and gas basins across the US with a focus in the Appalachian, Permian and DJ basins. (Stone Hill Minerals, Oct 2026)
Tenmile Land, LLCWe actively buy and develop land and minerals in Barbour County, Doddridge County, Gilmer County, Harrison County, Marion County, Marshall County, Monongalia County, Pleasants County, Ritchie County, Taylor County, Tyler County, and Wetzel County, West Virginia. (Tenmile Land, LLC, Oct 2026)
Venergy Momentum Oil & Gas, LLCserving land, mineral, royalty, and non-op working interest owners in the South Texas Eagle Ford Shale and Austin Chalk, Haynesville Shale, West Texas, New Mexico Permian Basin, Bakken Shale, Utica/Marcellus Shale, Niobrara Shale, Barnett Shale, and Woodford Shale. (Venergy Momentum Oil & Gas, LLC, Oct 2026)

Which name the Marcellus or Utica?

5 of the 24 name a shale. Others name the states or Appalachia as a whole.

  • American Mineral Solutions says We serve landowners across Pennsylvania, West Virginia, and Ohio, with a focus on the Marcellus and Utica Shales. (American Mineral Solutions, Oct 2026).
  • Cavallo Mineral Partners says Currently our acquisition efforts are focused on the Marcellus and Utica Shale formations underlying the states of Pennsylvania, Ohio and West Virginia. (Cavallo Mineral Partners, LLC, Oct 2026).
  • Country Roads Minerals says We specialize in purchasing mineral rights, non-participating royalty interests, and overriding royalty interests within the Marcellus and Utica shale formations located in West Virginia. (Country Roads Minerals, LLC, Oct 2026).

What do Appalachian buyers say they buy?

Every one names minerals, and most name royalties too. 10 of the 24 also name overriding royalties, and 5 name working interests.

What these buyers say they buy: minerals 24, royalties 19, overriding royalties 10, working interests 5, nonparticipating royalties 2
Figure 3: Every listed site names minerals; overriding royalties are named by 10 and nonparticipating royalties by 2. Source: AMR buyer ledger, Oct 2026. Drawn by American Mineral Registry from the cited source, checked October 8, 2026.

Which name overriding royalties or working interests?

Those that do usually list them beside minerals and royalties. The glossary at the end of this page defines each kind of interest.

  • Appalachian Mineral Partners says it was formed in 2012 with the sole purpose of acquiring minerals, royalties, and overriding royalties. (Appalachian Mineral Partners, LLC, Oct 2026).
  • BHCH Mineral, LTD says We purchase all or a portion of the perpetual mineral interest, royalty interest, overriding royalty interest and non-producing minerals throughout the United States. (BHCH Mineral, LTD, Oct 2026).
  • Country Roads Minerals, LLC says We specialize in purchasing mineral rights, non-participating royalty interests, and overriding royalty interests within the Marcellus and Utica shale formations located in West Virginia. (Country Roads Minerals, LLC, Oct 2026).

Which buy part of an interest?

14 of the 24 say an owner can sell part. AMR's page on selling part of your mineral rights covers the structures.

  • America's Choice Royalty Services says We can help oil and gas royalty owners to divest (sell) all or part of their royalty interests. (America's Choice Royalty Services, Oct 2026).
  • American Mineral Solutions says Yes. Depending on the property, you may be able to sell all or a portion of your rights. (American Mineral Solutions, Oct 2026).

What do these buyer sites state about a sale?

Timing and paperwork, mostly. 15 state a time to close or pay; 4 say offers come in writing and 0 say who keeps royalties earned before closing.

What these buyer sites state about a sale: time to close or pay 15, buying part of an interest 14, documents asked for 11, title work 11, heirs or estates 9, time to an offer 8, size it buys 7, who pays costs 6, offers in writing 4, royalties before closing 0
Figure 4: These sites follow the national pattern: speed and paperwork are stated often, money terms rarely. Source: AMR buyer ledger, Oct 2026. Drawn by American Mineral Registry from the cited source, checked October 8, 2026.

What do they say about timing?

Most give a target in days or weeks. A target on a site is a statement, not a measured record. AMR's page on how long a sale takes compares them.

  • Appalachian Mineral Partners, LLC says Our due diligence process typically takes 60 to 120 days to complete title diligence and prepare necessary paperwork for closing. (Appalachian Mineral Partners, LLC, Oct 2026).
  • Cavallo Mineral Partners, LLC says You can expect to close on the sale of your mineral rights in as little as 30 days. (Cavallo Mineral Partners, LLC, Oct 2026).

What do they say about costs?

6 of the 24 say who pays costs, usually the buyer. AMR's guide to comparing mineral rights offers lists the terms to match before comparing prices.

What payment rules apply in Pennsylvania, West Virginia and Ohio?

Pennsylvania and West Virginia set 120-day deadlines for unconventional or horizontal wells; no payment timing statute was found for Ohio. Ohio treats unpaid royalties as unclaimed after one year.

Payment and unclaimed rules in Pennsylvania, West Virginia and Ohio
Figure 5: The two 120-day rules cover only newer well types, and Ohio's one-year unclaimed period is the shortest of the 20 states on AMR's page on royalties in suspense. Source: Pa. Oil and Gas Lease Act, Apr 2024. Drawn by American Mineral Registry from the cited source, checked October 8, 2026.

How fast must royalties be paid?

Within 120 days of first sale for Pennsylvania unconventional wells and West Virginia horizontal wells. AMR's page on royalties in suspense before selling covers held money.

  • Pennsylvania requires payment no later than 120 days from the date of the first sale of oil, gas or natural gas liquids (Pa. Oil and Gas Lease Act, Apr 2024).
  • West Virginia sets a payment period which shall not exceed 120 days from the first date of sale of oil, natural gas, or natural gas liquids is realized (W. Va. Code 37C-1-3, Nov 2025).
  • Pennsylvania's deadline does not apply where (i) There is a lack of marketable record title in the royalty owner. (ii) There is bona fide dispute concerning the royalty owner's interest. (iii) The owner of interest is missing or not able to be located. (Pa. Oil and Gas Lease Act, Apr 2024).

Can unpaid or unused interests be lost in Ohio?

Unpaid royalties go to the state after one year, and Ohio courts have applied two statutes to old severed interests. AMR's reference on whether mineral rights expire covers the Ohio rules.

  • Ohio: funds owed or held as royalties, oil and mineral proceeds, funds held for or owed to suppliers, and moneys owed under pension and profit-sharing plans, held or owed by any holder unclaimed for one year from date payable or distributable (Ohio Rev. Code 169.02, Sep 2022).
  • Ohio State University Extension reports on an Ohio Supreme Court case: The Court ultimately held that a mineral interest holder’s interest may be extinguished by the Marketable Title Act or deemed abandoned by the Dormant Mineral Act, depending on the surrounding circumstances. (Ohio State University Extension, Jan 2021).

Methodology and Sources

Buyers come from AMR's census of the 289 entries in Valor's public mineral buyer directory, read on October 8, 2026; 148 had a reachable site of a firm that buys, brokers, auctions or lists mineral interests. A buyer is listed only where its own words name Pennsylvania, Ohio or West Virginia, quoted and matched against the saved page; a region picker on a form does not count. State rules come from the statute text read for AMR's page on royalties in suspense, some through Internet Archive captures of the official pages. American Mineral Registry also buys; it appears only in the shortlist at the top of the page, marked as the publisher, never in the counts.

Glossary

  • Mineral interest: ownership of the oil, gas and minerals under a tract, with the right to lease.
  • Royalty interest: a share of production free of drilling costs.
  • Overriding royalty: a royalty carved from a lease that usually ends with it.
  • Working interest: a share of a lease that pays its share of costs.
  • Nonparticipating royalty: a royalty without the right to lease or receive bonus.
  • Unclaimed property: money a holder must report to a state after a set period unpaid.
  • First sale: the first sale of production from a well, which starts the payment clock.
  • Unconventional well: in Pennsylvania law, a well drilled into a shale such as the Marcellus.

Sources

Cite this page

Each figure links to its source. If you quote one, link to this page or to that source.

American Mineral Registry. "Marcellus and Utica Mineral Buyers: Who Says They Buy in Pennsylvania, Ohio and West Virginia." American Mineral Registry, October 2026. https://americanmineralregistry.com/research/marcellus-and-utica-mineral-buyers/
<a href="https://americanmineralregistry.com/research/marcellus-and-utica-mineral-buyers/">Marcellus and Utica Mineral Buyers</a> (American Mineral Registry, October 2026)