Barton County Kansas
Mineral Rights

Learn about your Barton County Kansas mineral rights

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Barton County Kansas

A Brief Overview of Oil & Gas Activity

Barton County ranks #4 in oil production for Kansas. The vast majority of wells are oil wells and Barton county has seen continuous development since the 1920s! Many of these older wells are no longer producing, but there are some very good, stable wells in Barton County.

Most of these wells are stripper wells, meaning they produce less than 15 barrels of oil per day. By contrast, many horizontal wells in Oklahoma and Texas produce north of 500 barrels of oil per day.

Striper wells have their place in our energy mix. In fact, they make up 7.4% of US oil production. They also disproportionally contribute to methane emissions which hurt the environment. The current administration is attempting to curtail methane emissions, which will put financial stress on small operators and may make many stripper wells uneconomical. Once a well is uneconomical, it is plugged and mineral owners no longer receive royalty payments.
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Image source: Kansas Geological Society

A Brief History of Oil & Gas Development

in Barton County Kansas

After the financial devastation of the stock market crash of 1929 and the Dust Bowl, Barton county farmers and residents, who had been primarily dependant on farming, were facing an economic crisis. Many would have been forced to give up their property and relocate if not for oil and gas development. Oil and gas development began in the 1920s and continued for four decades until production declined in the 1970s. Today, you see agricultural fields with periodic pumpjacks still extracting oil (albeit in much smaller quantities).

Oil production has declined over time, and many are producing only a fraction of what they once produced. Additionally, many mineral owners have passed away. The mineral rights have been transferred from generation to generation, with each subsequent generation only owning a fraction of what the previous generation owned. Consequently, most Kansas mineral rights are not nearly as valuable as they were in the past.
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Modern Oil & Gas Drilling

Barton County ranks #4 in oil production for Kansas, but the development is quite small compared with other areas of the country with much better potential.

In 2021, there were only 38 drilling permits in Barton County. The other top-10 oil-producing counties in Kansas have a similar number of permits. The typical well in Kansas produces less than 15 barrels of oil per day. By contrast, many counties in Texas have wells that produce more than 500 barrels of oil per day.

It's really easy to see why Kansas sees very little oil and gas development these days. Kansas contains older oilfields, with many plugged wells that stopped producing as the reservoirs ran dry. Today's oil and gas exploration companies are more interested in drilling in the shale basins where fracked horizontal wells generate vast amounts of oil and gas.
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Calculate the Value of Your Mineral Rights

Please enter your last three royalty checks to calculate the approximate mineral rights value:

$0.00 - $0.00

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* This calculator has limited functionality and assumes the well or wells have been producing for more than 18 months. It does not take into account location, production, lease terms, commodity price, operator, or future development potential. Please contact us to get a custom quote on your specific minerals.

Value of Barton County Mineral Rights

As a rule of thumb, producing mineral rights are typically valued as a multiple of revenue - usually 3-5 years. For example, a royalty interest generating $100 in monthly revenue would be valued somewhere between $3,000 and $5,000, depending on the type of interest, location, production, lease terms, commodity price, and operator. Non-producing minerals are typically valued as the number of net mineral acres (NMA) you own multiplied by the typical lease bonus rate. In some areas, there is a "market rate" for buying mineral non-producing rights.

How to Sell Your Mineral Rights

Unlike a lot of companies, we do not flip minerals. We keep whatever we buy, which allows us to close deals quickly (because we aren't stringing you along while we try to find a buyer). We are in this for the long run. If you have a clean title, royalty statements, division orders, and your oil and gas lease, we can usually close quickly. If you're missing some of these documents, it might take a bit longer to close.

Our 4-Step Process

We would be delighted to accept your donation of mineral rights (or to make you an offer on more valuable minerals)!

The only types of mineral right we do not accept is Working Interest (WI) and those with too high of a debt burden (tax, mortgage, etc).

We don't mind putting in the work to research your minerals, draft deeds, pay the recording fees, and transfer the ownership. We do this every day and welcome the donation of smaller mineral rights.

Fill out the inquiry form and and we'll be happy to evaluate your mineral rights.

Send us the last few months of royalty statements and any supporting documents (leases, deeds, division orders etc.). If you don't have, them don't worry - we can work around that.

We will review and appraise your mineral rights and provide you with a competitive offer.

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Why Sell?

Mineral owners sell their mineral rights for a variety of reasons. Often it's because the next generation is uninterested (usually for social and environmental reasons) or for estate planning purposes. But some mineral owners simply want to sell and use the money for something else.

Why People Sell Their Minerals Rights:

I am putting my affairs in order. I don't want to burden my kids with the hassle of transferring ownership and managing small mineral rights. When my sister passed away, my niece and nephew had to hire an attorney to help them with the minerals. I don't want my kids to go through that.L. Edwards

My oil wells have been producing for decades and the reserves are almost depleted. Once the wells are plugged, the value will be significantly lower. I'd rather cash out now. K. Adair

I inherited mineral rights, but don't want to be involved with fracking and fossil fuels. I would prefer to support renewable energy and do my part to reverse climate change.P. Harris

It doesn't make sense to split a small royalty among my three kids - it's just too small. These mineral rights made my grandparents wealthy. But now, after being passed down through three generations, each of us owns a small fraction of what our grandparents owned. Also, the wells aren't producing as they used to and several have already been plugged.S. Madden

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