Sell Your Mineral Rights in Eddy County, NM

If you own mineral rights in Eddy County, New Mexico, you're sitting on acreage in the Delaware Basin — one of the most productive and actively drilled sub-basins in the entire Permian. With over 12,800 producing wells and more than 264 million barrels of cumulative oil production on record, this county is the real deal. Whether you just got an offer, inherited your rights, or are simply trying to understand what you have, you deserve straight answers — and that's exactly what we'll give you.

ASSET OVERVIEW

Est. per Acre

$2,000–$8,000

per net royalty acre

Active Wells

12,858+

Drilling Activity

Core Basin

Permian Basin / Delaware Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What's Happening in Eddy County Right Now

Eddy County is one of the most actively drilled counties in New Mexico, and for good reason — it sits squarely in the Delaware Basin, the western arm of the Permian that has drawn some of the largest operators in the country. With 12,858 producing wells and cumulative oil production exceeding 264 million barrels, this is not speculative acreage. Major companies including Oxy, Chevron, EOG, Devon, and Coterra are all active here, which means there is consistent demand for mineral rights from buyers who know exactly what this ground is worth. If you've received an unsolicited offer recently, that's not a coincidence — it reflects real and sustained operator interest in this county.

Eddy County by the Numbers

12,858

wells

Producing Wells

264,706,582

BBL

Cumulative Oil Production

1,410,405,600

MCF

Cumulative Gas Production

$2,000 – $8,000+

estimate only — varies by location, production, and lease terms

Estimated Mineral Value (per net mineral acre)

Oil

with significant associated gas

Primary Commodity

Who's Operating in Eddy County

Oxy USA Inc

OXY

Chevron U S A Inc

CVX

EOG Resources Inc

EOG

Devon Energy Production Company, LP

DVN

Coterra Energy Operating Co.

CTRA

Matador Production Company

MTDR

What's in the Ground

Bone Spring

Delaware Basin

The Bone Spring is one of the primary targets in Eddy County and across the Delaware Basin. It consists of multiple stacked intervals that operators have been developing aggressively with horizontal drilling. It's a major reason this county has seen so many wells drilled in recent years.

Wolfcamp

Delaware Basin

The Wolfcamp shale is one of the most prolific oil-producing formations in North America. In Eddy County's portion of the Delaware Basin, the Wolfcamp is a key target for long horizontal laterals. Operators have been stacking and completing multiple Wolfcamp intervals in the same section, which is good news for mineral owners with rights beneath active development.

Delaware Mountain Group

Delaware Basin

The Delaware Mountain Group — which includes the Bell Canyon, Cherry Canyon, and Brushy Canyon formations — has historically produced significant volumes of oil and gas in this county. Some of this production is conventional, and it represents part of the reason Eddy County's cumulative production figures are as high as they are.

Questions We Hear From Eddy County Owners

I got an unsolicited offer for my Eddy County mineral rights. Should I take it?
Maybe — but not before you understand what you have. Eddy County is one of the most actively drilled counties in New Mexico, with over 12,800 producing wells and major operators like Oxy, Chevron, and EOG all competing for acreage. Buyers who send unsolicited offers are typically well-informed about local values. That doesn't mean their offer is wrong, but it does mean you should get an independent opinion before you sign anything. A free valuation conversation costs you nothing and could be worth a lot.
My family inherited these mineral rights years ago and we've never really tracked them. Where do we even start?
Start by figuring out what you actually own — how many net mineral acres, in which legal sections and townships, and whether those rights are currently leased or producing. The New Mexico Oil Conservation Division (OCD) maintains public production records that can show you whether there are active wells attributing royalties to your acreage. Once you know what you have, you can make an informed decision about whether to hold, lease, or sell. We can help walk you through that process.
What makes Eddy County different from other counties in the Permian Basin?
Eddy County sits in the Delaware Basin sub-basin of the Permian, which is geologically distinct from the Midland Basin on the eastern side of the Permian. The Delaware has seen massive investment from large public companies — including Oxy, Chevron, EOG, Devon, and Coterra — specifically in Eddy County. With over 264 million barrels of cumulative oil production and more than 12,800 producing wells on record from the state regulator, this county has one of the most substantial production track records in New Mexico. That track record supports stronger mineral values than more speculative areas.

What to Know About Eddy County

New Mexico Oil Conservation Division (OCD) Oversight

Mineral rights and production in Eddy County are regulated by the New Mexico Oil Conservation Division, which maintains public records on well permits, production volumes, and operator activity. As a mineral rights owner, you can look up wells producing from your acreage using the OCD's public database — this is often the first step in understanding whether your rights are currently generating royalties.

Royalty Interests vs. Working Interests

Most inherited mineral rights in New Mexico carry a royalty interest, meaning you receive a percentage of production revenue without bearing drilling costs. If you're evaluating an offer, make sure you understand exactly what interest you own — royalty, overriding royalty, or working interest — because each has a different risk profile and market value.

Carlsbad Is the Hub

The county seat of Eddy County is Carlsbad, and it serves as one of the primary oil-field services hubs in the Delaware Basin. The density of operator activity in and around Carlsbad means there is an active, liquid market for Eddy County mineral rights — buyers and landmen who know this county specifically, not just the Permian generally.

New Mexico Severance and Property Tax

New Mexico levies a severance tax on oil and gas production, which is typically deducted from your royalty check before payment. Additionally, producing mineral rights in New Mexico may be subject to ad valorem (property) taxes assessed at the county level. It's worth confirming with a local tax professional how your specific interest is being treated.

How a Sale Works

Outright Sale

You sell all or a portion of your mineral rights for a lump-sum cash payment. The buyer takes on all future risk — including commodity price swings and whether new wells get drilled. For many owners, especially those who inherited rights and live far from Eddy County, this is the cleanest path. You get certainty; they get upside.

Lease (Retain Ownership, Earn Royalty)

Instead of selling, you lease your mineral rights to an operator in exchange for a signing bonus and a royalty on any production. You keep ownership of the minerals and continue to benefit if the acreage is developed. The tradeoff is that you bear the risk of the lease expiring without development, or royalty income fluctuating with oil prices.

Partial Sale

Some owners sell a portion of their mineral acres and retain the rest. This lets you capture immediate value from a sale while keeping exposure to future development. It can also be a useful strategy if you own rights across multiple sections with varying development prospects.

Non-Participating Royalty Interest (NPRI)

In some cases, you can carve out a royalty interest and sell or transfer it separately from the underlying mineral rights. This is a more complex transaction but can make sense in certain estate planning or tax situations. If you think this might apply to you, it's worth talking to a mineral rights attorney.

Find Out What Your Eddy County Minerals Are Worth

You don't have to figure this out alone. Whether you're evaluating an offer, trying to understand what you inherited, or just curious about the market, the first step is a free, no-pressure conversation. We know Eddy County, we know the Delaware Basin, and we'll give you a straight answer — not a sales pitch.

Get My Free Valuation

Data Sources

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

EXPLORE THE BASIN

Other Permian Basin Counties

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

CITIES & COMMUNITIES

Cities & Towns in Eddy County

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