Sell Your Mineral Rights in Conway County, AR

If you own mineral rights in Conway County, Arkansas, you're sitting on acreage in the Fayetteville Shale — one of the most significant natural gas plays in the mid-South. The basin has seen real development, though activity has shifted over the years with gas prices. Before you make any decisions about an offer you've received or rights you've inherited, it's worth understanding what you actually have.

ASSET OVERVIEW

Est. per Acre

$50–$400

per net royalty acre

Core Basin

Fayetteville Shale

Primary Formation

Primary Resource

Natural Gas

Commodity Type

What You Should Know Before You Do Anything

Conway County sits within the Fayetteville Shale play, which was one of the most actively drilled unconventional gas basins in the country during its peak years. Drilling activity here has slowed considerably from that peak as natural gas prices and operator priorities have shifted — so this is not a hot-and-frenzied market right now. That said, the mineral rights still have real value: existing wells continue to produce, and there are buyers actively acquiring acreage in this basin, often with an eye toward future upside if gas markets recover or new development cycles begin. If you've received an offer from an operator or land company, it's worth getting an independent read before you sign anything.

Conway County Mineral Rights at a Glance

Fayetteville Shale

Primary Basin

Natural Gas

Primary Commodity

$50

per acre (estimate)

Estimated Value Per Acre (Low)

$400

per acre (estimate)

Estimated Value Per Acre (High)

20,782

residents

County Population

Who's Operating in Conway County

Southwestern Energy

SWN

SEECO (a Southwestern Energy subsidiary)

BHP

BHP

What's in the Ground

Fayetteville Shale

Fayetteville Shale

The Fayetteville Shale is the dominant producing formation in Conway County. It's a Mississippian-age shale typically found at depths ranging from roughly 1,500 to 6,500 feet across the play, and it produces dry natural gas. It was one of the early successful unconventional shale plays in the U.S., developed heavily in the mid-2000s through early 2010s using horizontal drilling and hydraulic fracturing. Production from existing wells continues, though new drilling has been limited in recent years.

What to Know About Conway County

County Seat: Morrilton

Conway County's county seat is Morrilton, located roughly 60 miles northwest of Little Rock along I-40. Morrilton is the hub for local government records, and the county courthouse is where you'd find deed records, mineral reservations, and chain-of-title documentation — all of which matter when you're figuring out exactly what you own.

Arkansas Oil and Gas Commission

Mineral rights in Arkansas are regulated by the Arkansas Oil and Gas Commission (AOGC), which maintains public records on well permits, production reports, and pooling orders. If you want to verify whether there are active wells on your acreage or look up production history, the AOGC's online database is a good starting point.

Forced Pooling in Arkansas

Arkansas allows forced pooling, which means that if operators establish a drilling unit in your area, you may be included in production even if you haven't signed a lease — but your terms may not be as favorable as a negotiated agreement. Understanding whether your acreage is already in a unit matters before you decide to sell or lease.

Severance and Surface Rights

In many Conway County tracts, mineral rights were severed from surface rights decades ago — meaning you may own the minerals without owning the land above them, or vice versa. Always confirm exactly what you own before assuming, because it directly affects your rights and your property's value.

Questions We Hear From Conway County Owners

I inherited mineral rights in Conway County and have no idea if they're worth anything. Where do I start?
Start by confirming exactly what you own — the deed or probate records from the Conway County courthouse in Morrilton will tell you the legal description and acreage. Then check the Arkansas Oil and Gas Commission database to see if there are any active wells or drilling units associated with your tract. Even if there's no current production, the rights may still have value to buyers looking at future development potential in the Fayetteville Shale. We can help you work through all of this at no cost.
An operator sent me a lease offer. Should I just sign it?
Not without reading it carefully, and ideally not without getting a second opinion. Lease offers are starting points for negotiation, not take-it-or-leave-it deals. Key things to look at: the royalty rate (industry standard in this basin has historically been 12.5% to 20%, but higher is negotiable), the bonus payment per acre, the lease term, and any provisions around pooling or post-production deductions. In a basin where activity has slowed, you have less leverage than you would in a hot market — but you still have some.
Why are per-acre values so wide-ranging? How do I know where my minerals fall?
The range — roughly $50 to $400 per acre in this county — reflects real differences in acreage quality. Minerals close to existing producing wells or in proven sections of the Fayetteville Shale are worth more than acreage in less-developed areas. Production history, net mineral acres, current lease status, and proximity to existing infrastructure all move the number. There's no shortcut to a real valuation — it requires looking at your specific tract, not just the county average.

Find Out What Your Conway County Minerals Are Worth

Whether you've gotten an offer, inherited rights, or are just starting to figure out what you have — the first step is a free, no-pressure conversation. We'll look at your specific acreage, give you an honest read on current market value, and answer your questions without any obligation. You don't have to decide anything today.

Get My Free Valuation

Data Sources

Production and operator figures for Conway County are drawn from U.S. Census Bureau (ACS 5-Year). Per-acre values are estimates and not an offer.

EXPLORE THE BASIN

Other Arkoma Basin Counties

Conway County is part of the Arkoma Basin. See the full basin overview, operators, and counties we serve.

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