• Selling Mineral Rights
    • Sell Oil & Gas Royalties
    • Why Sell Your Mineral Rights?
    • Mineral Rights Value
    • Producing vs Non-producing Mineral Rights
    • Are Your Minerals in an Active Area?
    • Four Things for Older Mineral Owners to Consider
  • Mineral Rights 101
    • Types of Mineral Rights
    • Mineral Management
    • Locating Your Mineral Rights (Map Search)
    • Oil & Gas Royalty Statement
    • Transferring the Ownership of Mineral Rights
    • Finding Unclaimed Mineral Rights
    • Mineral Management Books
    • Ownership Risks
    • Buying Mineral Rights
    • Why Are My Royalty Checks Low?
  • We Buy From
    • Individual Mineral Owners
    • Family Trusts
    • Non-Profits (in bulk or as needed)
    • We also take donations!
  • Contact Us
    • About
    • What Makes Us Different?
    • Contact
  • 214-444-8805

Sell Your New Mexico
Mineral Rights


We buy oil and gas royalties and mineral rights.

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New Mexico Mineral Rights


In New Mexico, oil and gas development is primarily in the southeast and the northwest. There are two main basins: the Permian located in the southeast and the San Juan Basin, located in the northwest. The San Juan basin is an older, conventional oil field with vertical wells producing wet gas. The Permian Basin was once an older oilfield, but the fracking boom brought it back roaring to life. Today, the Permian Basin is filled with long, fracked horizontal wells that generate vast quantities of oil and gas.

The Permian Basin generates far more oil and gas than the San Juan Basin because there are multiple stacked shale formations.

The Permian is arguably the best area in the entire United States to own mineral rights!

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Image Source: MineralAnswers.com

Top New Mexico Oil & Gas Counties


Where is Oil Produced in New Mexico?
New Mexico's Lea and Eddy Counties, by far, produce the most oil and gas. These counties are located in the Delaware Basin, which is the heart of the Permian Basin and contains multiple producing formations.

Of course, not all of Lea or Eddy county contains oil and gas. The Permian Basin only extends into the southern half of Eddy and Lea counties. There is little to no development potential in the northern parts of the counties or the rest of NM except the San Juan and Rio Arriba Counties.

Ban On Drilling on Federal Lands
The Beareau of Land Management (BLM) manages the surface and mineral rights for a lot of land in the Southeastern part of New Mexico. Therefore, mineral owners may find that their interest has been pool or unitized with federal leases and may be vulnerable to a federal ban on oil and gas drilling.


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Locating Your New Mexico Mineral Rights


It's easy to locate your New Mexico mineral rights on a map. The New Mexico Oil Conservation Division provides an easy-to-use interactive map with information about NM oil and gas wells, including information about which areas and leases are managed by the BLM.

Finding Your Legal Description
To locate your mineral rights, you will need to know your legal description (section, township, range). You can find this information on your deed or your oil and gas lease (or memo of lease). Both of these should be filed with the county's deed records.

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Sell Your New Mexico Mineral Rights

We won't pressure you to sell your mineral rights. We are here to give you information so you can make an informed decision.

Request an offer, 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.).


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


Once we agree on a price, a closing date will be scheduled. You will sign and notarize the document. When we receive the paperwork, we will immediately wire the funds.


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What We Buy


We buy mineral interest (MI), royalty interest (RI), non-participating royalty interest (NPRI), or overriding royalty interest (ORRI). The only type of mineral rights that we don't buy is working interest (WI).

Mineral Interest (MI)

Mineral Interest (MI) owners have the right to explore, develop, and produce the minerals below the surface of a tract of land, including the right to enter into a lease.

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Royalty Interest (RI)

Royalty Interest (RI) includes the right to receive revenue from well production free of the obligation to pay for drilling or operational expenses.

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Non-Participating Royalty Interest (NPRI)

Non-Participating Royalty Interest (NPRI) includes rights to oil and gas production revenue but no rights to participate in executing the lease.

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Overriding Royalty Interest (ORRI)

Overriding Royalty Interest (ORRI) is an interest in the proceeds from the sale of minerals rather than an interest in the actual minerals.

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How We Value Mineral Rights


There are many factors that play into the value of mineral rights. These include location, producing vs. non-producing properties, current oil and gas prices, well production figures, lease terms, and even the operator of the well or wells. We also look at the risks of buying and owning minerals that you are interested in selling.

Minerals in the hottest shale plays are more valuable than those in older fields with conventional wells.


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Producing minerals are worth more than non-producing minerals because they are generating revenue.


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When oil and gas prices drop, revenue drops, and sometimes operators are unable to continue operations..


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Highly productive wells (and off-set wells) can increase the value of your minerals.


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Favorable lease terms (such as a 25% royalty) favorably impact the value of the leased minerals.


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A small number of operators are unethical, and their reputation automatically devalues your minerals.


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Mineral Rights Value Calculator


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





$0.00 - $0.00


* 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.

Mineral Rights Value

What are your mineral rights worth?


Mineral rights are typically valued as a multiple of monthly revenue. Unless the well or wells are very new or about to be plugged, the rule of thumb is 3-5 years of revenue. Whether the value is closer to the 3-year mark or the 5-year mark will depend on various factors, such as location, production volume, commodity prices, lease terms, operator, and likelihood for future drilling.

Non-producing mineral rights can be valued by multiplying the number of net mineral acres (NMA) that you own by the going lease rate, which is often the lease bonus.

Value of New Mexico's Permian vs. San Juan mineral rights
Generally speaking, the value of mineral rights located in the Permian basin will far exceed minerals located in an older conventional oilfield such as the San Juan Basin.

In fact, Permian minerals are commonly sold at a price per net mineral acre rather than a multiple of production. Unfortunately, there are no "comps" for mineral rights, so it can be difficult to determine the "market price" per net mineral acre.

The best way to determine the value of your mineral rights is to request a quote. Requesting a quote does NOT obligate you to sell.

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Why Sell?


People sell mineral rights for a variety of reasons. As a mineral owner, you are fortunate to own an asset that can be quickly converted to cash. It is advisable to sell while you are still receiving royalties - after all, oil and gas are finite resources, and all well eventually run dry. It's better to sell early and maximize the value.

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 and 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

With the price of oil declining and operators practically giving gas away, I decided to sell before the bottom falls out.J. Cruz

I am one of the millions who lost their job due to the COVID-19 lockdown. I sold my minerals to get me through this terrible time. If my grandmother could see our current situation, she would understand. I'm so grateful to have had minerals to sell. Many people don't have this option.S Barnes

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.R. Robertson

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

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About Blue Mesa Minerals

We buy producing and non-producing minerals

in Texas, New Mexico, Kansas, Oklahoma, North Dakota, and

other oil and gas producing states.


We also buy wind energy royalties from landowners who host wind turbines on their property.


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