Sell Your New MexicoMineral Rights
We buy oil and gas royalties and mineral rights.
Request an offer for your mineral rights:
We never spam or give your address away.
New Mexico Mineral Rights
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!
Top New Mexico Oil & Gas Counties
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.
Locating Your New Mexico Mineral Rights
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.
Sell Your New Mexico Mineral Rights
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.
What We Buy
How We Value Mineral Rights
Minerals in the hottest shale plays are more valuable than those in older fields with conventional wells.
Producing minerals are worth more than non-producing minerals because they are generating revenue.
When oil and gas prices drop, revenue drops, and sometimes operators are unable to continue operations..
Favorable lease terms (such as a 25% royalty) favorably impact the value of the leased minerals.
A small number of operators are unethical, and their reputation automatically devalues your minerals.
Mineral Rights Value Calculator
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Mineral Rights Value
What are your mineral rights worth?
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.
Why Sell?
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.
With the price of oil declining and operators practically giving gas away, I decided to sell before the bottom falls out.
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.
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.
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.