Sell Your Mineral Rights in Conway County, AR

If you own mineral rights in Conway County, you're in the heart of Arkansas's primary natural gas play — the Fayetteville Shale. Activity here has slowed from its peak years, but there's still real value in the ground, and knowing what your acres are actually worth starts with understanding your specific position in the county.

ASSET OVERVIEW

Est. per Acre

$50–$400

per net royalty acre

Active Wells

180+

Drilling Activity

Core Basin

Fayetteville Shale

Primary Formation

Primary Resource

Natural Gas

Commodity Type

What You Should Know About Conway County Mineral Rights

Conway County sits squarely in the Fayetteville Shale fairway, and its proximity to Morrilton — the county seat — means operators have had established infrastructure and pipeline access here for well over a decade. The Fayetteville Shale boom ran hard through the 2000s and into the early 2010s, and Conway County was one of the counties that saw meaningful drilling activity during that window. Today, new drilling is limited — natural gas prices have kept a lid on fresh development across the basin — but existing production continues and mineral buyers are still active here, particularly for acreage with proven offsets or existing wells. If you recently got an offer, it's worth understanding what's driving it before you decide what to do.

Conway County by the Numbers

~180

wells

Estimated Active Wells

$50 – $400

per acre (estimate)

Estimated Value Range (per acre)

1,500 – 3,500

feet (Fayetteville Shale)

Primary Target Depth

Natural Gas

Primary Commodity

Fayetteville Shale

Arkansas Arkoma Basin

Basin

Who's Operating in Conway County

Southwestern Energy (SWN)

SWN

SEECO (SWN subsidiary)

N/A

BHP

BHP

Chesapeake Energy

CHK

What's in the Ground

Fayetteville Shale

Arkoma Basin

The main target in Conway County. This is a biogenic gas shale that produces dry natural gas. In Conway County, the formation tends to be on the shallower end of the basin — roughly 1,500 to 3,500 feet — which historically made it more economical to drill but also means per-well recoveries can be lower than in the deeper, higher-pressure zones found to the east in Van Buren and White counties. That depth variation is one reason values here vary so much by location within the county.

Morrowan Sandstone

Arkoma Basin

A conventional gas formation that predates the shale era and has seen historical production in Conway County. Some legacy wells still produce from this zone. It's not a major focus for new development, but it can contribute to total value depending on what's been permitted or produced on your tract.

Borum Sandstone

Arkoma Basin

A secondary conventional target found in parts of Conway County. Historically produced gas in modest quantities. Rarely a standalone driver of mineral value today, but worth knowing if your deed includes older lease language or production from multiple zones.

What to Know About Conway County

Records Are Kept in Morrilton

Conway County's deed and lease records are maintained at the Conway County Courthouse in Morrilton. If you're trying to verify what you own — chain of title, existing leases, division orders — that's your starting point. Arkansas doesn't have a centralized online mineral records portal, so a local title attorney or landman is often necessary for a thorough search.

SEECO Has a Large Footprint Here

SEECO, which operates as a subsidiary of Southwestern Energy, has historically been one of the most active operators specifically in Conway County — not just the broader Fayetteville Shale region. If you've received a division order, royalty check, or lease offer, there's a good chance SEECO's name is on it. Understanding your lease terms with SEECO specifically — particularly post-production deductions — matters a lot for what you're actually netting per MCF.

Arkansas Uses a Forced Pooling System

Arkansas allows operators to force-pool unleased mineral interests into a drilling unit. This means even if you've never signed a lease, you could be included in a producing unit — receiving royalty, but on terms set by the Arkansas Oil and Gas Commission rather than negotiated directly. If your acreage is in or near an established unit, it's worth knowing your status.

Shallower Depths Affect Value Across the County

Conway County's Fayetteville Shale is noticeably shallower on its western side than what you see in counties to the east. This isn't a basin-wide generalization — it's specific to this county's geology and it directly affects per-well EURs (estimated ultimate recovery). Acreage in the eastern portions of Conway County, closer to the deeper fairway, tends to command higher prices than acreage in the western end.

Questions We Hear From Conway County Owners

I got an offer from a mineral buyer — is $150 per acre a fair price for Conway County?
It might be, depending on where in the county your acreage sits. Conway County values vary significantly based on proximity to producing units, the depth of the Fayetteville Shale on your specific tract, and whether there's any existing production. Western Conway County acreage with no nearby wells might be worth less than $100 per acre in today's gas market. Acreage near SEECO units with proven offsets in the eastern portion of the county could be worth considerably more. Don't accept or reject an offer without at least getting a second opinion on what your specific acres look like.
My family has been getting royalty checks from SEECO for years. Does that mean my mineral rights are more valuable?
Generally, yes — existing production is a strong signal to buyers. It means your acreage is already in a unit, the formation has been proven on your land, and there's a paper trail of what you're producing. That said, Fayetteville Shale wells decline fairly quickly after their initial production peak, so the value depends on how old those wells are and what the current production rate looks like. A mineral buyer will look at your division order decimal interest and recent production history to build a valuation.
Is anyone actually drilling new wells in Conway County right now?
Honestly, new drilling activity in Conway County has been minimal in recent years. Southwestern Energy, the dominant operator in the Fayetteville Shale, has significantly pulled back on new development across the basin due to lower natural gas prices and shifted capital priorities. That doesn't mean your mineral rights are worthless — existing production still has real value, and speculative buyers are still active — but this isn't a county where you should expect a lease offer for new drilling to come in tomorrow. If the natural gas market improves meaningfully, that calculus could change.

How a Sale Works

Outright Sale (Most Common)

You sell your mineral rights permanently for a lump-sum cash payment. This gives you certainty and immediate value, and transfers all future risk — including commodity price swings and well decline — to the buyer. For Conway County owners without active development on the horizon, this is often the most practical option.

Leasing Instead of Selling

If an operator approaches you for a lease, you retain your mineral rights but receive a bonus payment upfront plus royalty payments if production begins. This keeps you in the game long-term but means you only get paid if there's a producing well. Given the current pace of development in the Fayetteville Shale, lease offers are less common today than they were a decade ago.

Partial Sale

You can sell a portion of your mineral interest and retain the rest. This lets you access some liquidity now while keeping exposure to future upside. Some Conway County owners do this when they want to free up cash but aren't ready to walk away from a long-held family asset entirely.

Find Out What Your Conway County Mineral Rights Are Worth

You don't need to make any decisions today. The first step is just a conversation — tell us what you own, and we'll give you an honest picture of what it's worth in the current market. No pressure, no obligation.

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