{"id":7,"date":"2015-05-23T11:14:15","date_gmt":"2015-05-23T15:14:15","guid":{"rendered":"http:\/\/www.roxnoil.com\/wpadmin\/?page_id=7"},"modified":"2025-05-08T18:11:00","modified_gmt":"2025-05-08T22:11:00","slug":"main-page","status":"publish","type":"page","link":"https:\/\/www.roxnoil.com\/wpadmin\/","title":{"rendered":"Terrel Shields, Certified General Appraiser"},"content":{"rendered":"<p>Buy my book on Amazon &#8211;<\/p>\n<p align=\"left\"><strong><a href=\"https:\/\/www.amazon.com\/Appraisal-Mineral-Rights-emphasis-valuation\/dp\/1511609621\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1428896118&amp;sr=1-1&amp;keywords=The+appraisal+of+mineral+rights\" target=\"_blank\" rel=\"noopener\">The Appraisal of Mineral Rights<\/a><\/strong><a href=\"https:\/\/www.amazon.com\/Appraisal-Mineral-Rights-emphasis-valuation\/dp\/1511609621\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1428896118&amp;sr=1-1&amp;keywords=The+appraisal+of+mineral+rights\" target=\"_blank\" rel=\"noopener\"> by Terrel Shields<\/a><\/p>\n<p align=\"left\"><strong>SVS, Inc. (Shields Valuation Surveys, Inc.)<\/strong> appraises ranch, minerals and vacant land. The firm specializes in appraising oil and gas mineral rights for mineral owners. We value mineral rights, oil and gas appraisal and provide well site geological service. We are certified general appraisers in both Arkansas and Oklahoma. We value surface and mineral rights, farms and ranches, and rural residential properties. We do not do secondary market work such as Fannie Mae, or FHA. We are not VA appraisers. Mineral Appraiser, oil and gas appraiser, oil and gas appraisal, mineral appraisal.<\/p>\n<p><strong>Services Include:<\/strong><\/p>\n<p>* Farm &amp; Ranch Appraisal<br \/>\n* Mineral Rights Appraisal<br \/>\n* Geological Property Risk Consulting<br \/>\n* Expert Testimony<br \/>\n* Wellsite and Field Geology<\/p>\n<p>From Cabin to Castle, large estates and mineral rights are our specialty.<\/p>\n<h5>Some services we provide<\/h5>\n<p class=\"small style1\"><strong>Certified Real Estate Appraisals<\/strong><\/p>\n<p class=\"small style1\">We appraise rural, commercial farm, and\u00a0estate property in Arkansas and Oklahoma. We provide reports for\u00a0legal\u00a0and tax consultants,\u00a0estates, and others in narrative format to USPAP standards.<\/p>\n<table border=\"0\" width=\"100%\">\n<tbody>\n<tr>\n<td class=\"style1\" valign=\"top\" width=\"53%\"><strong>Mineral Rights Valuation <\/strong>Mineral royalties are often valued for Estates, Litigation, and for taxation or taking purposes. Your CPA may value an income stream but the general rule is that those valuations are more than the market value for producing property and less than market value for non-producing (exploration) property. The reason is that production tends to decline with time therefore, royalty income is a declining income stream in most cases.Also, mineral appraisers with a geological background can make some judgments about the long-term potential of such royalty or mineral holdings.\u00a0 In the market of 2020 and beyond, the collapse of the oil industry will almost certainly result in renewed purchasing of oil from overseas. That and a weakening dollar will result in renewed demand for oil. Hang onto your minerals, if not for you, perhaps for the next generation. And manage them. Know what you have.<img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.roxnoil.com\/graphics\/Hallwood_Buckles1.jpg\" alt=\"\" width=\"500\" height=\"300\" border=\"1\" hspace=\"5\" \/><\/p>\n<p>To properly do an oil and gas appraisal, the appraiser function is usually best separated from the estimating function. The estimating function sets up the parameters or forecast of the income stream by estimating the remaining reserves, known as the &#8220;decline curve&#8221;. That function is usually performed by a qualified reservoir engineer or geologist experienced in estimating probable production.<\/p>\n<p>The appraising function takes the estimate above and translates it into a traditional appraisal using the Income, Sales, and Cost approaches (actually the Cost Approach is rarely applicable.)<\/td>\n<\/tr>\n<tr>\n<td class=\"style1\" colspan=\"2\">\n<p class=\"small style1\"><strong><a href=\"https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-923\" src=\"https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium-300x199.jpg 300w, https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium-1024x679.jpg 1024w, https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium-768x509.jpg 768w, https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium-665x441.jpg 665w, https:\/\/www.roxnoil.com\/wpadmin\/wp-content\/uploads\/2019\/12\/IMGP1755-Medium.jpg 1159w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Wellsite Consulting<\/strong><\/p>\n<p class=\"small style1\">Having problems correlating your well? Are your mudloggers unfamiliar with the Arkoma Basin? I have 20 years experience in the basin as well as experience in the Mississippian Embayment at the extreme edges of the Fayetteville Shale Play. I have examined well samples from over 20 wells in Woodruff, Lee, Cross, Crittenden, and White Counties as well as numerous wells and logs from Faulkner, Conway, Van Buren, and Pope County. I also have experience with both mud and air-drilled shallow wells in E. Oklahoma and Arkansas. We have scope, will travel. Expertise and experience in SW Colorado, Arkansas, E &amp; W Texas, and all of Oklahoma.<\/p>\n<p><strong>Terrel Shields<br \/>\n13257 Fairmount Road<br \/>\nSiloam Springs, AR 72761<\/strong><\/p>\n<h3 class=\"section-title\"><div class=\"wp-rss-template-container\" data-wpra-template=\"default\" data-template-ctx=\"W10=\">\n    <div class=\"wp-rss-aggregator wpra-list-template  \" data-page=\"1\">\n    \n    \n<ul class=\"wpra-item-list rss-aggregator wpra-item-list--bullets wpra-item-list--default\"\n    start=\"1\">\n                        <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66724\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. average gasoline prices this Thanksgiving are about the same as last year<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-26\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66704\" target=\"_blank\" rel=\"nofollow\" class=\"\">Natural gas use for electricity in California falls as solar generation rises<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-24\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66684\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. associated natural gas production increased 6% in 2024<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-21\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66664\" target=\"_blank\" rel=\"nofollow\" class=\"\">EIA forecasts Alaska crude oil production to grow 13% in 2026<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-19\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66645\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. rig counts remain low as production efficiencies improve<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-17\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66644\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. natural gas inventories enter winter at similar level to 2024, the most since 2016<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-14\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66624\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. natural gas prices rise unevenly across sectors<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-13\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66604\" target=\"_blank\" rel=\"nofollow\" class=\"\">Fewer U.S. solar projects are reporting delays in their expected online date<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-10\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66584\" target=\"_blank\" rel=\"nofollow\" class=\"\">Three U.S. regions each produce more natural gas than most countries<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-07\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66564\" target=\"_blank\" rel=\"nofollow\" class=\"\">Rapid declines from horizontal wells require more drilling to sustain production<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-05\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66544\" target=\"_blank\" rel=\"nofollow\" class=\"\">Low-sulfur bunker fuel sales have decreased since 2020<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-11-03\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66524\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. coal exports declined 11% in the first half of 2025 due to reduced exports to China<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-10-31\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66504\" target=\"_blank\" rel=\"nofollow\" class=\"\">Brazil is expanding its liquefied natural gas import infrastructure<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-10-29\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66484\" target=\"_blank\" rel=\"nofollow\" class=\"\">U.S. biofuels production capacity growth slowed in 2024<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-10-27\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n                    <li class=\"wpra-item feed-item \">\n            \n            \n\n    <a  href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66464\" target=\"_blank\" rel=\"nofollow\" class=\"\">ERCOT increasingly meets rising demand with solar, wind, and batteries<\/a>\n\n\n\n\n\n\n<div class=\"wprss-feed-meta\">\n            <span class=\"feed-source\">\n            Source:\n\n                            Energy\n                    <\/span>\n    \n            <span class=\"feed-date\">\n            Published on 2025-10-22\n        <\/span>\n    \n    <\/div>\n\n\n\n\n\n            \n        <\/li>\n        <\/ul>\n\n        \n<\/div>\n\n<\/div>\n<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Buy my book on Amazon &#8211; The Appraisal of Mineral Rights by Terrel Shields SVS, Inc. (Shields Valuation Surveys, Inc.) appraises ranch, minerals and vacant land. The firm specializes in appraising oil and gas mineral rights for mineral owners. We value mineral rights, oil and gas appraisal and provide well site geological service. We are certified general appraisers\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.roxnoil.com\/wpadmin\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/pages\/7","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/comments?post=7"}],"version-history":[{"count":27,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/pages\/7\/revisions"}],"predecessor-version":[{"id":2362,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/pages\/7\/revisions\/2362"}],"wp:attachment":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/media?parent=7"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}