Sell Mineral Rights in Reagan County, TX

Santa Rita No. 1 blew in outside Big Lake in 1923 and turned Reagan County into the reason people still say 'West Texas oil.' A hundred years later, plenty of the mineral interests carved out of those original University Lands leases and old ranch severances are still sitting in filing cabinets, split five and six ways, mostly forgotten.

If you've got a stub of paper somewhere that says you own a piece of the minerals under Reagan County, you're holding a real asset in one of the most productive corners of the Midland Basin. You're also probably fielding letters from companies you've never heard of offering to buy it for numbers that don't match what your last royalty check would suggest.

We buy Reagan County mineral and royalty interests directly, in cash, without the mailbox-offer games. No pressure to sign in 48 hours, no vague 'market value' claims we won't back up with an actual number tied to what's producing near you.

The Santa Rita Legacy Still Shapes Ownership Here

Reagan County's oil history didn't start with the shale boom — it started with a wildcat well on University Lands acreage that most geologists thought was a bust. Santa Rita No. 1 changed that in one afternoon and funded the Permanent University Fund for the next century. That history matters for mineral owners today because a lot of the private tracts around Big Lake were carved out of old ranch and farm severances made in the decades right after that discovery, and the paperwork from those deals is often thinner and less precise than what you'd see on a modern lease.

That's part of why title work in this county takes longer than owners expect. Deeds from the 1920s through 1950s reserved minerals with language that doesn't always match how the county maps section and survey lines today, and heirs who inherited a fraction of a fraction often don't have a copy of the original instrument at all.

Stacked Pay: Spraberry, Wolfcamp, and Clearfork

Reagan County sits in the Midland Basin, and operators here aren't drilling one zone — they're stacking wells through the Spraberry, the Wolfcamp A and B benches, and in places the Clearfork and San Andres higher up the column. That stacked-pay geology is exactly why a tract that looks quiet on the surface can still be under an active development plan, with permits filed for a bench nobody's touched yet.

Names to know if you're trying to figure out who's active near your acreage include Pioneer-legacy operations now under ExxonMobil, Diamondback, and Concho-legacy assets under ConocoPhillips. Spacing units in this part of the Midland Basin commonly run 640 acres to a section or larger DSUs when operators combine leases, so your fractional share of a unit can end up small even when the well itself is a strong producer.

Fractional Interests and Heirship in Reagan County

Because so much of Reagan County's private mineral estate traces back to early-1900s ranch severances, it's common for a single tract to now have a dozen or more heirs holding fractional interests, some of whom have never set foot in Texas. If you inherited a 1/48th interest from a grandparent's estate that was never formally probated, the operator's division order department may be holding your share in suspense — meaning the money is accruing but not being paid out — until title is cleared.

We deal with this regularly and can often move on a fractional interest even when full probate hasn't been completed, structuring the purchase around what can actually be conveyed today rather than making you front the legal costs to fix decades-old paperwork before you see a dollar.

What Your Reagan County Royalty Statement Actually Tells You

Look at the decline curve on your check stubs before you take any offer seriously. Wolfcamp and Spraberry horizontal wells in the Midland Basin typically show a steep first-year decline — often 60 to 70 percent off the initial rate — before flattening into a longer, shallower tail. If your checks dropped hard in year two, that's normal decline behavior, not a sign the well quit or that your interest is worthless.

It does mean the value of your interest is weighted heavily toward what's already been produced plus whatever offset drilling is realistically coming next, which is exactly the kind of number a mailbox-offer company won't walk you through because it takes actual homework on their end.