Sell mineral rights in Texas

Drilling activity in Texas right now

Operators filed 8,555 approved new-drill permits across 227 Texas counties in the last twelve months, down 8% against the twelve months before. Buyers price your interest against this activity. A first offer usually does not show you any of it.

What moves Texas mineral values

Texas value splits along basin lines. Permian interests — Martin, Midland, Reeves, Upton, Loving — carry the deepest buyer pool and the strongest multiples, and undeveloped acreage there frequently prices above the producing income attached to it. Eagle Ford oil interests tend to sit nearer the middle of the band. Haynesville is gas-weighted, so those valuations track Henry Hub rather than WTI and move on a different cycle entirely. The Railroad Commission publishes lease-level production, which means a serious buyer can underwrite your interest precisely before making an offer. So can we, before you accept one.

Major plays in Texas

Where the producing plays sit. Your county decides which of these your interest is priced against.

What the Texas trend means for a seller

Texas volumes are dominated by the Permian, and the statewide curve is effectively a Permian curve with everything else layered underneath. The 2020 collapse and the recovery through 2021 are both visible, and the years since have settled into growth that owes more to longer laterals and denser spacing than to new acreage. Gas has climbed faster than oil, which matters for royalty owners whose leases permit post-production deductions, because gas is where those deductions bite hardest.

Where development stands

Activity has concentrated rather than spread. Operators consolidated through the 2023-24 merger wave, and the survivors drill fewer, larger projects on acreage they already held. For a mineral owner this cuts both ways: a well-capitalised operator on your tract usually means steadier development and cleaner reporting, but it also means fewer bidders competing on the assumption that they will be the one to drill it. Interests in the Midland and Delaware cores still draw the deepest buyer pools in the country; interests in older shallow fields elsewhere in the state increasingly trade on current income alone.

How much are mineral rights worth in Texas?

Producing Texas royalties typically trade in a range of roughly 3 to 6 years of income (36–72 times the average monthly check), with undeveloped Permian and Eagle Ford acreage often worth more than the producing value alone. A competitive listing process is how you find the top of the range.

Do I need to pay anything up front to list Texas minerals?

No. Our commission is a straight 6%, paid only at closing. If your minerals do not sell, you owe nothing.

Does it matter which Texas county my minerals are in?

It matters more than almost any other single factor. A Permian interest in Martin or Midland County competes for a much deeper pool of buyers than an equivalent interest in a county with little recent permitting, and that difference shows up directly in the multiple offered. Two interests producing identical monthly income in different counties can be worth substantially different amounts.

What do I need to list Texas mineral rights?

Recent royalty check stubs or a division order, plus whatever documents show how you came to own the interest — a deed, a probate order, or an affidavit of heirship. If you are missing pieces, that is normal and fixable; we start with what you have and tell you what else the transaction will need before it becomes urgent.