Sell Your Mineral Rights in Gray County, TX
If you own mineral rights in Gray County, Texas, you're holding acreage in the eastern Texas Panhandle portion of the Anadarko Basin — a region with a long history of natural gas production centered around Pampa, the county seat. Activity here is real but measured, and what your rights are worth depends heavily on which formation is beneath you and whether there's an active lease or well nearby.
Est. per Acre
$50–$400
per net royalty acre
Active Wells
320+
Drilling Activity
Core Basin
Anadarko Basin
Primary Formation
Primary Resource
Natural Gas
Commodity Type
What You Should Know About Gray County Mineral Rights
Gray County has been producing natural gas for decades, with much of the activity concentrated in and around the Pampa area, which sits atop portions of the prolific Granite Wash and Brown Dolomite formations. This isn't the Permian Basin — you won't see the same frenzied lease bonus activity or record per-acre prices — but that doesn't mean your rights lack value. The Granite Wash in particular has seen renewed horizontal drilling interest in recent years, and operators are still actively leasing and developing here. If you've recently received an offer from an operator or a landman has knocked on your door, that's actually a meaningful signal — they don't show up unless there's something worth pursuing.
Gray County by the Numbers
320
wells
Estimated Active Wells
$50 – $400
per acre (estimate)
Estimated Value Range per Acre (unleased)
Natural Gas
Primary Commodity
8,000 – 12,000
feet
Dominant Formation Depth (Granite Wash)
$50 – $250
per acre (estimate)
Typical Lease Bonus Range
Who's Operating in Gray County
Pioneer Natural Resources
PXDOccidental Petroleum
OXYFasken Oil and Ranch
PrivateMewbourne Oil Company
PrivateXTO Energy (ExxonMobil subsidiary)
XOMWhat's in the Ground
Granite Wash
The Granite Wash is the headline formation in Gray County and much of the Texas Panhandle. It's a stacked series of sand and conglomerate intervals that have produced significant natural gas and natural gas liquids. Horizontal drilling has made previously marginal sections more economic, and this is the formation most likely driving any leasing interest you're seeing today.
Brown Dolomite
The Brown Dolomite is a shallower carbonate formation that has historically produced gas in the Pampa area. It's been producing in Gray County since the mid-20th century and represents the legacy production base of the region. Older vertical wells targeting this zone are common across the county.
Morrow
The Morrow is a deeper sandstone formation that has been a consistent gas producer across the Anadarko Basin. In Gray County it represents a secondary target that operators sometimes pursue alongside the Granite Wash. Activity in the Morrow tends to be more selective and is not as widespread as further west in the basin.
What to Know About Gray County
Courthouse and Records in Pampa
All mineral deed and lease records for Gray County are filed with the Gray County Clerk's office in Pampa, Texas. If you're trying to confirm what you own or verify your chain of title, that's your starting point. Title searches here are generally straightforward, though older estates with multiple heirs can get complicated quickly.
Pampa's Role as a Gas Hub
Pampa has historically been a natural gas industry town, and the infrastructure in Gray County reflects that — gathering lines, compression stations, and processing facilities are relatively well-developed compared to more remote parts of the Texas Panhandle. That existing infrastructure is a meaningful factor in whether development on your acreage is economically viable.
Texas Mineral Rights Are Severed Property
In Texas, mineral rights are separate from surface rights and can be bought, sold, and inherited independently. If you inherited these rights from a parent or grandparent who lived in or near Gray County, it's entirely possible you own something of real value without ever knowing it. A deed search will clarify what you actually hold.
No State Income Tax on Mineral Income in Texas
Texas has no individual state income tax, which means royalty income from Gray County production is not subject to state-level income tax. You'll still owe federal income tax on royalty payments, and there are depletion allowances that can reduce your taxable income — worth discussing with a tax advisor if you're actively receiving royalties.
Questions We Hear From Gray County Owners
A landman contacted me about leasing my mineral rights near Pampa. Should I just sign what they sent?
Is gas production in Gray County still active, or is this a played-out basin?
I inherited a fractional mineral interest from a relative who lived in Gray County. Is it worth selling?
Find Out What Your Gray County Mineral Rights Are Worth
Whether you just got a lease offer, inherited something you're not sure about, or simply want to know if it's a good time to sell — we're happy to take a look. No pressure, no obligation. We'll give you a real number and a straight answer.
Get My Free ValuationOther Hugoton / Anadarko Basin Counties
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