Sell Your Mineral Rights in Crane County, TX

If you own mineral rights in Crane County, Texas, you're sitting on acreage inside one of the most productive oil-producing regions in the world — the Permian Basin — with over 3,700 producing wells and major operators actively drilling here right now. That offer you received, or the division order sitting on your kitchen table, isn't random: this county has real production history and real buyer interest to back it up. Before you sign anything or ignore anything, it's worth understanding what you actually have.

ASSET OVERVIEW

Est. per Acre

$1,500–$6,000

per net royalty acre

Active Wells

3,714+

Drilling Activity

Core Basin

Permian Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What's Happening in Crane County Right Now

Crane County sits squarely in the Permian Basin, and the numbers here are not theoretical — over 12 million barrels of cumulative oil production and nearly 60 billion cubic feet of cumulative gas production have come out of this ground. With 3,714 producing wells on record and operators like Occidental, Diamondback, and Mewbourne actively working the area, this is not a sleepy corner of the basin. If you've gotten an unsolicited offer recently, that's not a coincidence — buyers target Crane County because the geology is proven and the infrastructure is in place. That said, not all acreage is equal, and what your specific interest is worth depends on where it sits, what's producing nearby, and how your deed is structured.

Crane County by the Numbers

3,714

wells

Producing Wells (State Regulator Data)

12,142,774

BBL

Cumulative Oil Production

59,852,358

MCF

Cumulative Gas Production

$1,500 – $6,000

est. per acre — varies significantly by location and lease terms

Estimated Mineral Rights Value (Per Acre, Producing)

Oil

Permian Basin

Primary Commodity

Who's Operating in Crane County

Occidental Permian LTD.

OXY

Diamondback E&P LLC

FANG

Hilcorp Energy Company

Mewbourne Oil Company

Continental Resources, Inc.

CLR

Crescent Energy Operating, LLC

CRGY

What's in the Ground Under Crane County

Wolfcamp

Permian Basin

The Wolfcamp is the workhorse of the Permian and one of the most drilled shale formations in North America. In Crane County, it's a primary target for horizontal development — thick, oil-rich, and well understood by operators. If you're receiving royalties or an offer tied to Wolfcamp activity, that's a good sign for long-term interest in your acreage.

Spraberry

Permian Basin

The Spraberry trend extends through much of the Midland Basin side of the Permian and has been producing in West Texas for decades. It's a stacked pay zone, meaning operators can potentially drill multiple intervals from the same surface location, which increases the value of mineral rights sitting above it.

Dean Sandstone

Permian Basin

The Dean is a tighter, sandstone formation found in parts of the Permian that has historically produced oil in Crane County and surrounding areas. It's not the headline formation that the Wolfcamp is today, but it represents part of the layered opportunity that makes Permian Basin acreage worth holding — or selling at a premium.

How a Mineral Rights Sale Actually Works

You Get an Offer — or You Seek One Out

Most Crane County owners either receive an unsolicited offer from a buyer or a landman, or they decide on their own to find out what their rights are worth. Either way, the process starts the same: figuring out exactly what you own (net mineral acres, royalty interest, or non-participating royalty interest), and what's happening on or near your tract.

Title Research and Due Diligence

Before any deal closes, the buyer will run a title search through the Crane County Clerk's office in Crane, Texas to confirm your ownership chain. This means tracing deeds, probate records, and any conveyances going back as far as necessary to establish a clean title. If there are gaps — an estate that was never probated, a deed that was never recorded — those need to be resolved. This is normal in inherited mineral rights, and a good buyer will walk you through it rather than use it as leverage against you.

Negotiating the Purchase Price

Offers are typically quoted in dollars per net mineral acre (NMA) or as a multiple of your monthly royalty income if you're already in production. Neither number is set in stone. The first offer is rarely the best one, and understanding what comparable acreage has sold for in Crane County matters. That's where having an independent valuation helps.

Closing and Transfer

Once you agree on price, a mineral deed is drafted, signed, notarized, and recorded with the Crane County Clerk. Payment is typically wired or sent by check at closing. The whole process from offer acceptance to money in hand can take two to six weeks depending on title complexity.

You Can Also Lease Instead of Sell

Selling isn't the only option. If an operator wants to drill on your acreage, they may offer you a lease — a bonus payment up front plus a royalty percentage on production. Leasing preserves your long-term ownership while generating immediate income. Whether selling or leasing makes more sense depends on your financial situation, your heirs, and how much upside you think remains in the ground.

What to Know About Owning Mineral Rights in Crane County

Recording in Crane County

All mineral deeds, leases, and assignments affecting Crane County property must be recorded with the Crane County Clerk located in Crane, Texas. Texas uses a 'race-notice' recording system — meaning the first party to record a properly delivered instrument generally wins in a priority dispute. If you've inherited mineral rights and the transfer was never formally recorded, that's worth fixing before you try to sell or lease.

Texas Severance Tax

Texas does not have a state income tax, but it does collect a severance tax on oil and gas production. For oil, the rate is 4.6% of market value at the wellhead. For gas, it's 7.5%. These are withheld by the operator before your royalty check is cut, so your check already reflects this deduction. If you're reviewing a division order, make sure the decimal interest shown matches what you believe you own.

Non-Participating Royalty Interests (NPRI)

Texas has a long history of severed NPRI interests, where a previous owner carved out a royalty but retained no right to sign leases or participate in development decisions. If your interest is an NPRI rather than a full mineral interest, you receive royalties but have no say in leasing. This distinction matters a lot for valuation — buyers will want to know exactly what type of interest they're acquiring.

Pooling in Texas

Texas does not have forced pooling the way states like Oklahoma or North Dakota do. Operators here must negotiate voluntary pooling agreements or rely on pooling clauses in existing leases. This gives mineral owners in Texas more leverage in some situations — but it also means that if you're unleased and an operator drills, you may be 'force pooled' into a unit only under specific circumstances defined in your lease or by the Railroad Commission.

The Texas Railroad Commission

Despite the name, the Texas Railroad Commission (RRC) is the primary oil and gas regulator in the state. It maintains production records, issues permits, and handles complaints about operators. If you want to look up wells on your acreage, the RRC's public database is where to start. Crane County wells are all registered and searchable there by lease name, operator, or API number.

Why Some Crane County Owners Are Selling Right Now

The reasons people sell mineral rights are as varied as the people themselves, but in Crane County right now, a few things are making owners take a harder look. Oil prices have been relatively strong, which means buyers are paying more — and the window for top-dollar offers doesn't stay open forever. For people who inherited mineral rights from a parent or grandparent, selling can mean converting a complicated, paperwork-heavy asset into straightforward cash that can be divided among heirs without an argument about who manages it going forward. Some owners are selling because they live hundreds of miles from Crane County and have never felt connected to the asset — the royalty checks are nice, but so is not tracking down division orders and worrying about what happens if the operator changes. Others are holding because they believe the Wolfcamp and other formations still have decades of development ahead, and they want the royalty income for as long as it flows. Neither choice is wrong. What matters is making it with accurate information about what your interest is actually worth today.

Questions We Hear From Crane County Mineral Owners

I got an offer out of nowhere from a company I've never heard of. Should I be suspicious?
Not necessarily — but you should be careful. Crane County is actively targeted by mineral buyers precisely because the Permian Basin has strong production and proven geology. Unsolicited offers are common and legitimate. That said, the first offer is almost never the highest one a buyer is willing to pay. Before you respond, find out what your acreage is worth independently. A company that pressures you to sign quickly or won't explain how they calculated the offer price is a red flag.
I inherited these mineral rights and I'm not sure if the title is clean. Does that affect whether I can sell?
It might delay a sale, but it doesn't necessarily prevent one. Inherited mineral rights in Texas often have title issues — a probate that was handled informally, a deed that was never recorded, heirs who didn't know they had an interest. An experienced buyer will identify these during due diligence and work with you to cure them. Some title issues are simple and cheap to fix; others take more time. The important thing is not to let uncertainty about title stop you from finding out where you stand.
Occidental and Diamondback both operate near my acreage. Does that make my minerals more valuable?
Generally, yes. When large, well-capitalized operators like Occidental Permian or Diamondback are actively drilling near your tract, it signals that the geology has been evaluated and proven out by companies that spend serious money on engineering before they drill. Proximity to active development typically increases the per-acre value of your interest because buyers see a higher probability of near-term royalties. Exactly how much depends on how close the wells are, which formations they're targeting, and whether your acreage is leased or unleased.
My royalty checks are small — sometimes only a few hundred dollars a month. Does that mean my minerals aren't worth much?
Not necessarily. Small royalty checks can reflect a small decimal interest in a large unit, an older well in decline, or a lease with a low royalty rate. Mineral buyers don't only look at current income — they look at the underlying acreage, what formations are present, and what future development potential exists. In a county with over 3,700 producing wells and active Permian Basin operators, even modest current production can translate to meaningful acreage value if there's upside potential. Get a proper valuation before drawing conclusions from the check amount alone.
What's the difference between selling my minerals and just waiting for more royalties?
Selling gives you a lump sum now — certainty, liquidity, and no more guessing about oil prices, operator decisions, or how long production lasts. Holding means you keep all future royalties, but you also absorb all the risk: prices could fall, wells could decline faster than expected, or development could stall. For some people, especially those with a long time horizon and no immediate cash need, holding makes sense. For others — especially those dealing with an estate, multiple heirs, or a desire for simplicity — selling at today's market value is the smarter move. There's no universal right answer, and anyone who tells you otherwise is selling something.

Find Out What Your Crane County Minerals Are Worth

Fill out the form and a real person — not a bot, not an automated system — will review your information and reach out to you, usually within one business day. There's no obligation, no pressure, and no cost. We'll tell you what we think your interest is worth and how we got there. If you decide you want to sell, great. If you decide to hold, that's fine too — you'll at least know where you stand.

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Data Sources

Production and operator figures for Crane 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

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

CITIES & COMMUNITIES

Cities & Towns in Crane County

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