Sell Your Mineral Rights in Reagan County, TX

If you own mineral rights in Reagan County, you're holding acreage in an actively drilled corner of the Permian Basin — one that has produced nearly 50 million barrels of oil and counting. Operators like Diamondback and ConocoPhillips are working here right now, and the market for mineral rights in this county reflects that activity. Before you respond to an offer or sign anything, it's worth knowing what your interest is actually worth.

ASSET OVERVIEW

Est. per Acre

$1,500–$6,000

per net royalty acre

Active Wells

3,947+

Drilling Activity

Core Basin

Permian Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What's Happening in Reagan County Right Now

Reagan County sits in the eastern Permian Basin, and it's not a sleepy corner — nearly 4,000 producing wells have been drilled here, and major operators including Apache, Diamondback, and ConocoPhillips are active on the ground. Cumulative oil production in the county has crossed 49 million barrels, with hundreds of millions of MCF of gas produced alongside it. If you've received an offer recently, that's not coincidence — buyers are paying attention to this county because the geology is real and the production history backs it up. Don't make a decision until you understand what you have.

Reagan County by the Numbers

3,947

wells

Producing Wells (state regulator data)

49,841,441

BBL

Cumulative Oil Production

379,543,698

MCF

Cumulative Gas Production

$1,500 – $6,000

per NMA

Estimated Mineral Value Range (per acre, estimate only)

Oil

Primary Commodity

Who's Operating in Reagan County

Apache Corporation

APA

Diamondback E&P LLC

FANG

ConocoPhillips Company

COP

Civitas Permian Operating, LLC

CIVI

Crescent Energy Operating, LLC

CRGY

Discovery Natural Resources LLC

What's in the Ground

Wolfcamp

Permian Basin

The Wolfcamp is one of the most heavily targeted formations across the Permian, and Reagan County sits within its productive footprint. It's a shale and carbonate sequence drilled with horizontal wells, and it's what's driving a significant portion of modern activity in the county. When buyers price Reagan County acreage aggressively, the Wolfcamp potential is usually a big part of why.

Spraberry

Permian Basin

The Spraberry is a long-producing Permian formation with deep roots in Reagan County's production history. Many of the vertical wells that built the county's legacy production targeted the Spraberry. Operators today are revisiting this formation with horizontal drilling techniques, which has renewed interest in acreage that might otherwise look fully developed.

Dean

Permian Basin

The Dean Sandstone is a tighter, less publicized formation that produces in parts of Reagan County. It's not the headline formation, but it contributes to the stacked pay potential that makes Permian acreage particularly attractive — multiple targets across a single tract means more value per acre for mineral owners when operators decide to drill.

How a Mineral Rights Sale Works

You Get an Offer

Most Reagan County owners hear from buyers through a letter or phone call — sometimes from an operator, sometimes from a mineral acquisition company. That first offer is rarely the best offer. Buyers make low opening bids expecting to negotiate, or expecting that you won't.

Valuation and Title Review

Before any deal closes, the buyer will run a title search to verify what you actually own — your net mineral acres, any existing leases, royalty rates, and whether there are any title defects. You can do this work yourself in advance, which puts you in a stronger position.

Negotiating the Purchase Price

Mineral rights are priced per net mineral acre (NMA). The value depends on your location within the county, which formations are under your land, whether it's currently leased, and what royalty percentage is in your lease. Knowing these details before you negotiate matters a lot.

Closing and Transfer

Once you agree on a price, the buyer prepares a deed — typically a Mineral Deed in Texas — that conveys your interest. You sign before a notary, the deed gets recorded with the Reagan County Clerk in Big Lake, and you receive your payment. The process usually takes two to six weeks from accepted offer to funded close.

Lease vs. Sale

Selling isn't your only option. You could also lease your minerals to an operator — receiving a signing bonus and a royalty on future production — while keeping ownership. Leasing gives you upside if production is strong, but selling gives you certainty today. Both are legitimate paths depending on your situation.

What to Know About Reagan County Specifically

Recording at the Reagan County Clerk's Office

All mineral deeds, leases, and assignments in Reagan County must be recorded with the Reagan County Clerk, located in Big Lake. Texas is a 'race-notice' state, meaning the first party to record a properly executed document generally has priority. Don't let a buyer sit on recording your deed — make sure closing instructions include prompt recording.

Texas Has No Forced Pooling for Minerals

Unlike many other oil-producing states, Texas does not have a forced pooling statute that compels unleased mineral owners into a unit. In Reagan County, if your minerals aren't leased, you're not going to be involuntarily pooled into a well. However, you also won't receive royalties from a well drilled near your acreage unless you're under lease or own a working interest. Understanding your lease status matters.

Texas Severance Tax

Texas imposes a severance tax on oil production at 4.6% of the market value at the wellhead, and on gas at 7.5%. If you're receiving royalty checks, this tax is typically deducted at the operator level before your payment. It's worth reviewing your check stubs to confirm the deductions match what the lease allows.

Non-Participating Royalty Interests (NPRI)

Reagan County has a long history of mineral ownership, meaning many tracts have NPRIs carved out of them — interests that receive a royalty but don't participate in leasing decisions or bonuses. If you inherited your interest, it's worth determining whether what you own is a full mineral interest, an NPRI, or an overriding royalty interest (ORRI), as these have very different values and rights.

Title Complexity from Long Production History

With nearly 50 million barrels of cumulative production, Reagan County has a long chain of transactions, leases, and conveyances behind it. Estates, divorces, and old deed language can create fractured ownership. If your interest was inherited, expect that a buyer will order an abstract and title opinion — and be prepared for the possibility that some clean-up work is needed before closing.

Why Some Reagan County Owners Are Selling Now

People sell mineral rights for a lot of different reasons, and most of them are perfectly sensible. Some owners inherited acreage in Reagan County and don't live anywhere near Big Lake — they're receiving small royalty checks twice a year, managing paperwork they didn't ask for, and wondering whether the uncertainty of future production is worth it. Others have watched the Permian market strengthen and want to lock in today's value rather than bet on oil prices staying favorable. Estate simplification is another honest reason — minerals held across multiple counties or multiple heirs can be a headache to manage and divide, and a clean sale solves that. None of this means selling is always the right call. If your acreage is in a prime location with active drilling nearby, holding can absolutely pay off. But if you're leaning toward certainty and liquidity, the market in Reagan County right now is one of the better times to explore what your interest would fetch.

Questions We Hear From Reagan County Owners

I got a letter from a company offering to buy my Reagan County minerals. Should I just take the offer?
Not without getting at least one other opinion first. Mineral buyers send those letters because they believe the acreage is worth more than what they're offering — that's the business model. With nearly 4,000 producing wells in the county and operators like Diamondback and ConocoPhillips actively drilling, Reagan County acreage has real value. Get a second valuation before you sign anything.
I inherited these minerals and I'm not sure exactly what I own. How do I figure that out?
Start with the probate records and the deed chain. Reagan County records are held at the County Clerk's office in Big Lake. You'll want to trace the chain of title back to confirm what interest was actually conveyed to you — whether it's a full mineral interest, a fraction of one, an NPRI, or something else. A Texas oil and gas attorney or a landman familiar with Reagan County can help you do this efficiently. It's worth doing before you talk to any buyers.
My minerals aren't currently under lease. Does that mean they're worth less?
Not necessarily — it depends on the location. Unleased minerals in a hot area can actually be attractive to buyers because a new lease can be negotiated at current market rates with a fresh royalty. If you're in a part of Reagan County with active nearby drilling, being unleased isn't a liability. If you're in a quieter area, it might affect value. Location within the county matters a lot.
How long does it take to sell mineral rights in Reagan County?
Once you've agreed on a price, most straightforward transactions close in two to six weeks. The main variable is title — if there are complications in the chain of title (common in Reagan County given its long production history), resolving those can add time. Having your documents organized in advance helps. If there are heirship issues from an estate, plan for a longer timeline.
What's actually driving the value of Reagan County minerals right now?
A few things. First, the Permian Basin as a whole is one of the most actively developed oil basins in the world, and Reagan County sits inside it with real production history behind it — nearly 50 million barrels of cumulative oil production. Second, the stacked pay potential here means operators can target multiple formations from a single surface location, which makes acreage more efficient to develop. Third, the roster of operators working the county — Apache, Diamondback, ConocoPhillips, and others — includes serious companies with capital to deploy. That combination of geology, production track record, and operator quality is what keeps buyer interest alive here.

Find Out What Your Reagan County Minerals Are Worth

Fill out the form and a real person — not an automated system — will review your acreage and get back to you quickly, usually within one business day. There's no obligation, no pressure, and no cost. Just a straightforward conversation about what you own and what it might be worth in today's market.

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Data Sources

Production and operator figures for Reagan 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

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

CITIES & COMMUNITIES

Cities & Towns in Reagan County

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