Texas Mineral Rights

How much are oil and gas rights worth in Midland County? The answer to that question, of course, is the proverbial, “it depends.” As a company that buys oil and gas rights not just in Midland County but throughout Texas, we are experts at determining value and making fast, fair cash offers. If you wondering how to sell mineral rights in Midland County, please reach out to our team. We can analyze the current production statistics, the type of oil and gas produce, the projected estimates for future production, and even whether or not adjacent properties are active or not. It all depends. But your best action is to reach out to a company that buys mineral rights in Texas.

Texas has been one of the most important oil and gas-producing states in the United States for more than a century.

A few quick facts about Texas energy production:

• Texas is the top producing state in the USA for oil and gas. You can learn more about that, here.
• Here’s another statistic: “Since at least 1970, Texas has consistently led all states in crude oil production. Today, Texas contributes 42 percent of the nation’s crude oil. The state’s 32 petroleum refineries — the most of any state — yield a refining capacity exceeding 5.9 million barrels of crude oil per day, which is equivalent to one-third of the nation’s total refining capacity” (Source).
• The Texas oil and natural gas industry paid $27.0 billion in state and local taxes and state royalties in fiscal year (FY) 2025—the second-highest total in Texas history. (Source).

Mineral rights may generate oil and gas royalties, They may have value based on nearby drilling activity. If you would like to know:

• “What are my mineral rights in Texas worth?”
• “How do I sell my oil and gas royalties?”
• “Are there companies that specialize in Texas-based mineral rights?”

Our team will help you understand how this all works. We are a family-owned business. We can help value your oil and gas rights and make a fair, fast cash offer. We a top-rated, local company that buys Texas mineral rights at fair and fast values.

Even though Midland was known as the oil capital of West Texas, Midland County itself had never hosted a producing well – until 1944, when Humble Oil & Refining Company drilled its first successful well east of Midland. Humble’s No. 1 Mrs. O.P. Buchanan well was completed in 1945 and produced an impressive 20,005 barrels of oil before being plugged in 1947.

Source: https://authentictexas.com/the-legacy-of-the-permian-basin/

How much are your Midland County TX mineral rights worth? The answer, of course, is “it depends.” It depends where they are. What they are producing. And the value of the asset itself. Being near to producing fields can also factor in.

Here’s a quick list of additional factors that might influence your value:

Location of the minerals
Mineral assets in or near active drilling areas. Texas is home to major oil and gas fields, with the Permian Basin in West Texas and the Eagle Ford Shale in South Texas being the most prolific. Other major plays include the Barnett Shale, Haynesville Shale, and the historic East Texas Field, contributing to Texas as the leading U.S. producer. (Source).

Current production
Obviously, wells that are currently producing factor into value. The less left to uncertainty is the better it is for the seller.

Nearby drilling activity
Being adjacent to producing wells is a factor.

Ownership size
Mineral interests can be split across many heirs. A small value often encourages the owner to sell to avoid the hassle of it all.

Each situation is different. That’s why you should call us for a free and fast offer. Our company values mineral rights throughout the Sooner State and can give you a free offer.