Sell Your Mineral Rights in Moore County County, TX

Name: Mineral Buys
Telephone: (432) 302-7735
Price range: $$

If you own mineral rights in Moore County, you're sitting on acreage in the Texas Panhandle's Anadarko Basin — a region with a long history of natural gas production. Values here are more modest than the Permian, but there are real buyers and real transactions happening, and knowing what your acres are actually worth costs you nothing to find out.

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ASSET OVERVIEW

Est. per Acre

$200–$1,200

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 Your Moore County Minerals

Moore County sits in the Texas Panhandle over the Anadarko Basin, which has been producing natural gas for decades. This isn't the Permian — drilling activity is more measured, and values reflect a gas-weighted basin in a lower-price environment. That said, there are active operators here, producing wells, and a real market for mineral rights if you're considering a sale. Before you respond to any offer or make a decision, it's worth understanding what the market actually looks like right now so you're not leaving money on the table.

Moore County by the Numbers

~320

wells

Estimated Active Wells

$200 – $1,200

per acre (estimate)

Estimated Value Range Per Acre

Natural Gas

Primary Commodity

Anadarko Basin

Primary Basin

5,000 – 12,000

feet

Dominant Formation Depth

Who's Operating in Moore County

Occidental Petroleum

OXY

Burlington Resources (ConocoPhillips)

COP

Pioneer Natural Resources

PXD

XTO Energy (ExxonMobil)

XOM

Mewbourne Oil Company

Private

What's in the Ground

Morrow Formation

Anadarko Basin

The Morrow is the workhorse of this part of the Anadarko Basin. It's a tight sandstone formation that has produced natural gas in the Texas Panhandle for a long time. Most of the legacy production in Moore County traces back to it. It's not flashy, but it's real.

Red Cave Formation

Anadarko Basin

The Red Cave is a shallower gas-bearing formation that sees periodic development in the Panhandle. It tends to be lower-cost to drill and is sometimes targeted when gas prices justify the investment.

Granite Wash

Anadarko Basin

The Granite Wash runs across parts of the Texas Panhandle and western Oklahoma. It can produce both gas and natural gas liquids, which makes it more economically interesting than a dry gas target. Activity here is cyclical and tied closely to commodity prices.

How a Sale Works

Outright Sale

You sell all of your mineral rights — the ownership transfers permanently and you receive a lump sum. This is the most common structure for mineral owners who want certainty and liquidity. You give up future upside but eliminate all future risk, including production declines and gas price volatility.

Partial Sale

You sell a portion of your net mineral acres and keep the rest. This lets you take some money off the table while staying in the game if you believe production or prices could improve. It's a reasonable middle path if you're not sure you want to sell everything.

Royalty Interest Sale

Rather than selling the mineral estate outright, you sell just your royalty interest — the right to receive a percentage of production revenue. This can work well in producing situations where a buyer wants cash flow more than the underlying mineral rights.

What to Know About Moore County

Texas Has No State Income Tax on Mineral Sales

Texas doesn't impose a state income tax, so proceeds from a mineral rights sale are subject to federal capital gains tax only. Depending on how long you've held the rights and how you acquired them, this could be a significant advantage. Talk to a tax advisor before closing.

Deed Research Matters in the Panhandle

The Texas Panhandle has a long history of land transactions, severances, and fractionalized ownership going back generations. Before you sell or lease, it's worth confirming exactly what you own through a title search. What you inherited may be different — more or less — than what you expect.

Texas Is a Non-Consent State for Pooling

Unlike some states, Texas does not allow forced pooling. Operators must negotiate directly with mineral owners to lease or pool acreage. This means your rights are protected — no one can produce beneath your land without a signed lease or your consent.

Unclaimed Royalties Go to the State

If you have a royalty interest and haven't been receiving payments, those funds may have been escheated to the Texas Comptroller. It's worth checking if you've recently inherited rights or if you haven't heard from an operator in years.

Questions We Hear From Moore County Owners

I got an offer from an operator. Is it a fair price?

Maybe, but operators aren't offering you market value out of generosity — they're trying to acquire rights at the lowest price a motivated seller will accept. Without knowing what comparable acres have sold for recently, you have no way to evaluate the offer. Getting a second opinion costs you nothing and could be worth a lot.

Is Moore County gas production still active, or is this a dying basin?

The Anadarko Basin is mature, not dead. There are still active wells, active operators, and a functioning market for mineral rights in Moore County. Production rates aren't what they were in peak years, and gas prices have been volatile, but buyers are still acquiring acreage here — particularly if there's existing production or proven reserves beneath your land.

I inherited these minerals and have never received a royalty check. What does that mean?

It could mean a few things: the wells on your acreage may not be producing, the lease may have expired, or you haven't been located by the operator. It's also possible that royalties were paid to a prior address and escheated to the state. The first step is confirming ownership through the county deed records, then checking the Texas Comptroller's unclaimed property database. We can help you work through this.

Find Out What Your Moore County Minerals Are Worth

Whether you just got an offer, inherited rights you don't fully understand, or are simply curious about the market — a free valuation is a good place to start. No pressure, no obligation. Just a straight answer from someone who knows this basin.

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