Appraisal Asset-based Approach Comps 
Value Scope
JANUARY 13, 2021
Additionally, Section 1.611-2(g) outlines some considerations that a valuation of mineral properties must include for tax-oriented appraisals. The Asset-Based Approach. This approach is not useful for determining the value of royalty interest, and we do not use it. The Market Approach. Well Economics.
Value Scope
JANUARY 13, 2021
Additionally, Section 1.611-2(g) outlines some considerations that a valuation of mineral properties must include for tax-oriented appraisals. The Market Approach The market approach uses comps, both trading and transaction. However, they usually are not available, so the market-based approach is often not useful.
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