SMACKOVER LITHIUM GROUP - ARKANSAS

11 members

Description

Lithium from brine is an evolving energy play based on Direct Lithium Extraction (DLE).  The DLE process for extracting lithium and other elements with value from Smackover (SMK) formation water is becoming the most economic and environmentally friendly means of sourcing domestic lithium for use in modern battery technologies.  Leasing is ongoing and extraction plants are in the design/development stage.  Different states will have somewhat different regulatory and legal frameworks.

Note that lithium concentrations in the Smackover section can be highly variable plus reservoir quality for an effective water source can be equally inconsistent. As a result, not all areas may be prospective for lithium mining (DLE). One also needs to keep in mind that variable H2S concentrations are a normal product associated with the Smackover reservoir and any produced fluids.

The counties in Arkansas that are prospective for Smackover lithium production are Miller, Lafayette, Columbia and Union.

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Oil & Gas Pro

The value of a brine lease in Union County

by Skip Peel - Mineral Consultant

Aug 27

 

Maven Royalty 3, LP
28.07 Net Mineral Acres Across Five Brine Tracts - Union County, AR

 

Maven Royalty 3, LP is offering 28.07 NMA of brine mineral interests across five tracts in Union County, Arkansas, totaling 313.96 gross acres. The interests include bromine, lithium, and other substances contained within the brine and are subject to existing brine leases. The interests currently generate approximately $1,893 annually through a fixed per-acre payment that adjusts annually based on the Producer Price Index.

 

Sealed bids for this opportunity are due October 13, 2026 at 3:00 PM CDT.

$67.44 per Net Mineral Acre (NMA) annually.  Plus a 2.5% royalty.

The royalty rate for lithium extracted from underground brine in Arkansas is 2.5% of the lithium carbonate equivalent. [1]

Royalty Structure Details

  • Percentage: Set at 2.5% for mineral rights owners by the Arkansas Oil and Gas Commission (AOGC). [1, 2]
  • Additional Fees: Landowners also receive a separate brine lease fee of $65.05 per acre per year, bringing total estimated compensation to roughly 3% depending on market prices. [1]