Sell Your Mineral Rights in Reeves County, TX

If you own mineral rights in Reeves County, you're sitting on some of the most actively drilled acreage in the entire Delaware Basin — one of the most productive oil plays in the United States. With more than 5,500 producing wells and operators like Apache, Coterra, and EOG working the ground, what you own is real and it has real value. Before you sign anything or make any decisions, you deserve to know exactly what that is.

ASSET OVERVIEW

Est. per Acre

$2,000–$8,000

per net royalty acre

Active Wells

5,527+

Drilling Activity

Core Basin

Delaware Basin

Primary Formation

Primary Resource

Oil

Commodity Type

What You Actually Have in Reeves County

Reeves County sits at the core of the Delaware Basin, the western half of the broader Permian Basin, and it is one of the most heavily drilled counties in Texas right now. The county has recorded over 180 million barrels of cumulative oil production and more than 1.1 trillion cubic feet equivalent of gas — those aren't projections, that's what's already come out of the ground here. If you've received an offer from an operator or a mineral buyer, that offer didn't come out of nowhere: buyers are actively competing for Reeves County acreage because the rock is productive and the drilling inventory is deep. That said, values vary significantly depending on where your acreage sits, which formations it covers, and whether there's an active well nearby — so understanding your specific position before you decide anything is worth your time.

Reeves County by the Numbers

5,527

wells

Producing Wells (state regulator data)

180,732,286

BBL

Cumulative Oil Production

1,135,985,920

MCF

Cumulative Gas Production

$2,000 – $8,000

per NMA

Estimated Mineral Value Range (per net mineral acre, estimate only — varies by location and formation)

Oil

Primary Commodity

Who's Operating in Reeves County

Apache Corporation

APA

Coterra Energy Operating Co.

CTRA

EOG Resources, Inc.

EOG

Chevron U.S.A. Inc.

CVX

Diamondback E&P LLC

FANG

ConocoPhillips Company

COP

What's in the Ground Beneath Reeves County

Wolfcamp

Delaware Basin

The Wolfcamp is the workhorse of the Delaware Basin and one of the most targeted formations in Reeves County. It's a stacked shale system with multiple benches, meaning operators can drill several horizontal wells from a single surface location and pull oil from different depths. The combination of thickness and oil saturation makes it one of the most valuable formations a mineral owner can have beneath their land.

Bone Spring

Delaware Basin

The Bone Spring formation sits above the Wolfcamp and offers its own stacked pay zones — the 1st, 2nd, and 3rd Bone Spring are each drilled separately. In Reeves County, Bone Spring wells have delivered strong initial production rates, and operators have been increasingly targeting it alongside the Wolfcamp to maximize the value of each mineral acre. If your acreage is productive in Wolfcamp, there's a good chance Bone Spring is also a target.

Delaware Sand

Delaware Basin

The Delaware Sand (also called the Bell Canyon or various named intervals in the Upper Delaware) is a tighter, more variable target but has been actively developed in parts of Reeves County. It tends to be more localized in its productivity, so whether it adds meaningful value to your acres depends heavily on where you are in the county. It's worth asking about if you're in or near areas with known production from this interval.

How a Mineral Rights Sale Actually Works

You Get a Cash Offer

A buyer — either a company like ours or an individual investor — reviews your ownership position, looks at nearby production and drilling activity, and makes you a cash offer for all or part of your mineral rights. There's no obligation to accept. The offer is typically based on your net mineral acres, the formations below your land, and current market conditions.

Title Review

Once you accept an offer, the buyer conducts a title review to confirm you actually own what you believe you own and that the ownership chain is clean. In Texas, mineral rights can pass through multiple generations of inheritance, so this step matters. If there are title issues, a good buyer will flag them honestly — not use them as a surprise at closing to knock down the price.

Closing and Payment

When title is confirmed and both parties sign the deed, you receive your payment. This is typically a wire transfer or check, and it's a one-time, lump-sum payment in exchange for transferring your mineral interest. Closings in Texas commonly happen through a title company or attorney. The whole process from accepted offer to funded closing usually takes 30 to 60 days, though simpler transactions can move faster.

Partial Sales Are an Option

You don't have to sell everything. Some owners sell a portion of their mineral interest — say, 50% — to generate liquidity while keeping upside exposure. This is called a partial sale, and it's a legitimate structure that many mineral owners use to diversify without fully exiting. If this is something you're considering, it's worth discussing upfront.

Royalty Interest vs. Mineral Interest

If you received a division order rather than a lease or a purchase offer, you may own a royalty interest rather than the underlying minerals. These are different legal interests, and their values are calculated differently. A royalty interest is tied to production from a specific well; mineral rights give you broader ownership including the right to negotiate future leases. Knowing which one you have changes everything about how to value it.

What to Know About Owning Minerals in Reeves County

Recording Your Deed in Reeves County

Mineral conveyances in Texas must be recorded with the Reeves County Clerk in Pecos, the county seat. If you inherited mineral rights through an estate and the probate or affidavit of heirship was never recorded locally, the county records may not reflect you as the current owner — which creates complications when buyers, operators, or title companies try to verify your interest. Getting your chain of title recorded properly is a practical first step.

Texas Doesn't Have Forced Pooling — But Units Still Happen

Unlike some states, Texas does not have a forced pooling statute that compels mineral owners to join a drilling unit. However, the Texas Railroad Commission can establish field-wide spacing rules, and operators often create voluntary pooled units. If your acreage is included in a unit, your royalty will be proportionately reduced based on how many acres you contribute versus the total unit size. Understanding your unit participation fraction matters when evaluating a lease or an offer.

Texas Severance Tax

Texas levies a severance tax on oil production — currently 4.6% of the market value of oil produced. This is deducted before your royalty is calculated. If you're already receiving royalty checks, this is already built into what you're seeing. If you're evaluating what future royalties might be worth, factor it into your estimates.

Non-Participating Royalty Interests (NPRI)

In Texas, it's common for a previous owner to have carved out a non-participating royalty interest before selling the surface or minerals. If your deed or title history shows an NPRI, that means someone else has a royalty interest in your acreage that comes off the top — before you see a dollar. This can affect your net royalty rate significantly. A title attorney can identify this quickly and it's critical information before you sell or lease.

Heirship and Probate in Texas

A large share of Reeves County mineral rights were inherited, often without formal probate. Texas allows an Affidavit of Heirship as a practical alternative to probate in many cases, but it needs to be drafted carefully and recorded in Reeves County to be effective. If you inherited minerals and are unsure whether the title is in your name, this is the first issue to resolve — operators and buyers both need clear ownership before they'll transact with you.

Why Some Reeves County Owners Are Selling Right Now

Not everyone selling their minerals is doing it because they have to. A lot of the Reeves County owners we talk to are making a considered decision, not a distressed one. Some have held these rights for decades and the royalty checks, while nice, aren't life-changing — but a lump sum would be. Others are dealing with estate situations where multiple heirs own fractional interests, and managing that across family members becomes more trouble than the income justifies. Some are simply recognizing that oil prices are cyclical and today's offer may reflect a stronger market than what's available in three years. The honest truth is that mineral rights are an illiquid, unpredictable asset. They can be genuinely valuable — and Reeves County minerals are — but that value is tied to commodity prices, an operator's drilling schedule, and geological outcomes you have no control over. Selling converts that uncertainty into certainty. Whether that trade-off makes sense depends entirely on your situation, and there's no universal right answer.

Questions We Hear From Reeves County Mineral Owners

I got an offer in the mail from a mineral buyer. Is it a fair number?
Probably not the first offer — that's not cynicism, it's just how this market works. Buyers make initial offers with room to negotiate, and they're not going to volunteer the top of their range on the first letter. That said, the offer tells you something useful: someone thinks your acreage has real value. The right move is to get at least one independent opinion before you respond. We can give you a free valuation with no pressure to sell to us.
I've never gotten a royalty check. Does that mean I don't actually own anything?
Not necessarily. There are a few reasons you might not be receiving royalties even if you own minerals: there may be no producing well on your tract yet, your interest may be so small that it falls below a payment threshold, or there could be a title issue that's preventing the operator from paying you. The first step is to check the Texas Railroad Commission's online records for any wells located on your legal description. If there are producing wells and you're not getting paid, something needs to be investigated.
Apache is one of the big operators in Reeves County. Does it matter which company has my lease?
It matters a lot, actually. The operator controls when and how wells are drilled, how aggressively they develop the formation, and how carefully they manage production and royalty payments. A major operator like Apache or EOG generally has the capital and the technical teams to develop acreage efficiently — but they also move on their own timeline. If your lease is with a smaller operator or your acreage hasn't been developed yet, there may be a longer wait before royalties materialize. This is one reason some owners decide to take a lump sum now rather than wait.
My minerals were left to me by a parent who never did a formal will. What do I need to do?
You'll likely need to establish your ownership through a Texas Affidavit of Heirship, which is a sworn statement that documents the family history and chain of ownership. It needs to be signed by disinterested witnesses — people who knew the family but don't stand to inherit — and then recorded with the Reeves County Clerk in Pecos. This won't replace a formal probate in every situation, but for uncomplicated estates it's a common and accepted path. A Texas real property attorney can walk you through this; it's not as expensive or complicated as it sounds.
How do I know how many net mineral acres I actually own?
Your net mineral acres depend on two things: the gross acreage of the tract and your fractional ownership of the minerals beneath it. If five siblings each inherited an equal share of a parent's 100-acre tract, each of you owns 20 net mineral acres — even though the surface is 100 acres. The deed or probate documents should specify your fractional interest. If they're unclear, a landman or title attorney familiar with Reeves County records can pull the chain of title and calculate it for you. This is the single most important number to know before you evaluate any offer.

Find Out What Your Reeves County Minerals Are Worth

Fill out the form and a real person will reach out — usually within one business day. We'll ask a few questions about your acreage, look at what's happening around your specific location, and give you a straightforward valuation with no obligation attached. If your minerals are worth selling, we'll tell you why. If they're not, we'll tell you that too.

Get My Free Valuation

Data Sources

Production and operator figures for Reeves 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

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

CITIES & COMMUNITIES

Cities & Towns in Reeves County

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