Sell Your Mineral Rights in Chaves County, NM

If you own mineral rights in Chaves County, you're in the Permian Basin — one of the most actively pursued oil-producing regions in the world. With 739 producing wells and operators like Mack Energy Corp and Matador Production Company active here, there's real activity on the ground. Let's help you understand what your acres are actually worth.

ASSET OVERVIEW

Est. per Acre

$500–$3,000

per net royalty acre

Active Wells

739+

Drilling Activity

Core Basin

Permian Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What You're Sitting On in Chaves County

Chaves County sits in the eastern Permian Basin, and mineral rights here carry real weight — this is an oil-producing county with documented production and multiple active operators. That said, Chaves County is on the southeastern edge of the Permian's most intensively drilled corridors, so values vary meaningfully depending on where exactly your acres are located. The county has produced over 1.69 million barrels of oil and 9.8 billion cubic feet of gas on record, which tells you this isn't speculative territory — but it also isn't the same as Lea or Eddy County to the south and west, where the Permian's hottest horizontal plays are most concentrated. Before you respond to any offer or decide to hold, you should know specifically what your acres are near and who's active around them.

Chaves County by the Numbers

739

wells

Producing Wells

1,692,602

BBL

Cumulative Oil Production

9,821,164

MCF

Cumulative Gas Production

$500 – $3,000

estimate — varies by location and activity

Estimated Value Range (per acre)

Oil

Permian Basin

Primary Commodity

Who's Operating in Chaves County

Mack Energy Corp

Matador Production Company

MTDR

Hunt Cimarron Limited Partnership

Harvard Petroleum Company, LLC

Marshall & Winston Inc

DKD Production, LLC

What's in the Ground

Yeso Formation

Permian Basin

The Yeso is one of the historically significant producing formations in eastern Chaves County. It's a carbonate and evaporite sequence that has produced oil from conventional vertical wells for decades, and it's part of what makes this county a long-standing — if not flashy — producing area in the Permian.

Bone Spring Formation

Permian Basin — Delaware Basin

The Bone Spring has become a high-priority target in the broader Delaware Basin portion of the Permian. Depending on where your acres fall in Chaves County, proximity to Bone Spring activity could meaningfully affect your mineral value. This is one of the formations driving renewed industry interest in the region.

Delaware Basin Targets (general)

Permian Basin — Delaware Basin

Operators in and around Chaves County are evaluating multiple stacked pay zones common to the Delaware Basin. The specific formations being tested vary by location, but stacked pay potential is a key reason buyers remain active in this county even where surface-level well density is modest.

Questions We Hear From Chaves County Owners

I got an offer from an operator. Is it a fair number?
Maybe — but you should find out before you sign anything. Offers from operators are typically based on what they need to pay to make the deal work for them, not on the full market value of your minerals. In Chaves County, values vary widely depending on your location relative to active wells and the specific formations under your land. A free valuation from a buyer like us can give you a second data point before you decide.
Chaves County doesn't seem as talked-about as Eddy or Lea County. Does that mean my minerals are worth less?
Chaves County is quieter than Eddy or Lea, which sit closer to the core of the Delaware Basin's horizontal drilling boom. That's an honest fact worth knowing. However, 739 producing wells and multiple active operators — including companies like Mack Energy Corp and Matador Production Company — mean there is real, documented activity here. Your value depends heavily on where exactly your acres are. Some Chaves County owners have minerals worth meaningful money; others are sitting on more speculative acreage. Location within the county matters a lot.
I inherited these mineral rights and have never done anything with them. Where do I even start?
Start by confirming what you actually own — your deed or probate records will describe the tract, and the New Mexico State Land Office or Chaves County records can help verify your interest. Once you know what you have, the next step is understanding whether there are any active wells on or near your acres, and whether any operators have filed permits nearby. We can help you work through that at no cost and with no obligation to sell. A lot of people who inherited minerals in Chaves County are receiving royalty checks they don't fully understand — or not receiving them when they should be.

What to Know About Chaves County

New Mexico Oil Conservation Division (OCD) Regulates Production

All oil and gas activity in Chaves County — including well permitting, production reporting, and operator compliance — is overseen by the New Mexico Oil Conservation Division. Production records are publicly searchable, which means you can verify what's been produced from wells on or near your acres.

Roswell Is Your County Seat

Mineral and property records for Chaves County are maintained at the courthouse in Roswell. If you're verifying an inheritance or need to check deed records, that's your starting point. The Roswell office can also direct you to relevant probate records if your rights came through an estate.

Severed Mineral Rights Are Common Here

Like much of New Mexico, mineral rights in Chaves County are frequently severed from surface rights — meaning you may own the minerals beneath land you don't own on the surface, or vice versa. Always confirm what your deed actually conveys before assuming you have both.

New Mexico Has a Specific Royalty Statute

New Mexico law governs how royalties must be paid, including timing and deduction rules. If you're receiving royalty checks and something seems off — amounts, timing, or deductions — that's worth looking into. Operators are required to pay royalties within set timeframes under state law.

How a Sale Works

You Get a Free Valuation First

There's no cost and no obligation to get a valuation. We look at your specific acres, the active wells and permits nearby, the operators in your part of the county, and current market conditions. Then we give you a real number — not a range so wide it's useless.

You Choose Whether to Sell

You're never pressured to accept any offer. Some owners decide to sell for a lump sum — either because they want the certainty, need liquidity, or simply don't want to manage the asset anymore. Others decide to hold and keep collecting royalties. Both are legitimate choices, and we'll give you honest information either way.

If You Sell, Closing Is Straightforward

A mineral rights sale in New Mexico typically involves a deed transferring your interest, recorded with the county clerk in Roswell. We handle the paperwork and can often close within a few weeks of an accepted offer. You receive a lump-sum payment at closing — no ongoing management, no production risk.

Partial Sales Are an Option Too

You don't have to sell everything. Some owners sell a portion of their interest to capture some value today while keeping a stake in future upside. If your situation calls for a partial sale, we can structure that conversation.

Find Out What Your Chaves County Minerals Are Worth

Whether you just got an offer, inherited an interest, or are simply curious — the right first step is a free, no-pressure conversation. We'll look at your specific acres and tell you honestly what we think they're worth and why. No obligation, no hard sell.

Get My Free Valuation

Data Sources

Production and operator figures for Chaves County are drawn from U.S. Census Bureau (ACS 5-Year), Wikipedia, and DrillingEdge (state regulator production data). Per-acre values are estimates and not an offer.

EXPLORE THE BASIN

Other Permian Basin Counties

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

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Valuing minerals in Chaves County, New Mexico

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