Frequently Asked Questions (FAQs)

Who is SMB Royalty, LLC?

SMB Royalty, LLC is the first fully automated mineral buyer on the market. Our system uses advanced AI and machine learning algorithms combined with conventional Reservoir Engineering models to generate offers and continuously improve offer valuations.

Can SMB revoke an offer?

Yes. SMB Royalty, LLC and its affiliates, employees, principals, and managers reserve the right to revoke any online offer at any time during the closing process, for any reason.

SMB will not issue payment until a recent revenue statement has been received and approved. This is non-negotiable.

How does SMB calculate its offers?

Our proprietary AI-powered offer algorithm factors in oil and gas prices, production data, operator history, historical transactions, and location specifics.

Do oil and gas prices affect my offer?

Yes. Offers update daily based on commodity price changes. Higher prices may result in higher offers.

Why might my offer change over time?

Offers may change due to fluctuating oil and gas prices, updated production data, or improved valuation models.

Does SMB negotiate the offer amount?

No, not for small interests. Offers are set by our custom algorithm. However, you may check back anytime for updated offers, and we occasionally send improved offers via email. Please contact us in the account portal if you feel your offer is a mistake.

Does SMB negotiate Deed terms?

Yes, but only on a limited basis. Modifications may be made if:

• You own Mineral Classified lands or multiple properties
• You are selling only a portion of your minerals

Please contact us in the account portal if this is your situation.

Will SMB issue payment without a signed and notarized Deed?

For payments over $20,000, SMB may issue payment upon receiving:

• A) A copy of the fully executed and notarized deed (uploaded or emailed)
• B) Identity verification (phone call, video conference, driver's license, etc.)

What deductions might occur at closing?

• Any ad valorem property taxes owed in the county
• A $29 per county recording fee for closings under $5,000

What is required before payment?

SMB will not issue payment until a recent revenue statement has been received and approved. This is non-negotiable.

Are there ownership size restrictions?

Yes. SMB does not purchase mineral or royalty interests of 0.000004999 (or smaller) or any interest with six zeros after the decimal in a net revenue interest. Ask about donation options for such interests.

Can I track my order?

Yes. Through your account portal you can track progress and message our team.

Does SMB purchase larger interests or out-of-state minerals?

Yes. Larger interests are flagged for team follow-up, and you will receive a phone call.

Contact will@smbroyalty.com for Estates, Trusts, LLCs, and large interests.

Contact willbrobbins@gmail.com for non-producing or out-of-state (non-Texas) minerals.

Does SMB buy non-producing minerals?

No. However, our parent company, Robbins Family Minerals, LP, does. Contact willbrobbins@gmail.com.

Does SMB lease minerals?

No. Leasing is handled by our separate company, Cayman Operating, LLC. Contact willbrobbins@gmail.com.

Does SMB ask for Social Security numbers or issue 1099s?

No. We do not request Social Security numbers and do not issue IRS Form 1099s for mineral or royalty purchases.

Does SMB sell the interests it buys?

No. We are a long-term holder backed by a family office. However, we reserve the right to sell or partner with other buyers in certain circumstances.

Does SMB sell my data?

Absolutely not. We respect your privacy and never sell personal information.

Does SMB keep my information confidential?

Yes. All data—including uploads, photos, and financial information—is kept strictly confidential between SMB and its affiliates.

Can I donate my minerals instead of selling?

Yes. Please contact us directly for donation options.