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Mineral Rights in Reeves County Texas
Reeves County Texas has a long history of oil and gas production. Oil was first discovered in the county in 1926, and the first commercial oil well was drilled in 1927. Since then, the county has seen significant oil and gas production, and it remains an important oil and gas-producing region in Texas today.
In Texas, mineral rights are typically separated from surface rights. This means that the landowner may own the surface rights to the property, but someone else may own the rights to the minerals beneath the surface, including oil and gas. This can lead to situations where the mineral rights are owned by one person, and the surface rights are owned by another.
Reeves County is located in the Permian Basin, one of the most productive oil and gas-producing regions in the world. According to the Texas Oil and Gas Association, the Permian Basin produced over 4.1 billion barrels of oil in 2019, and it is also a major producer of natural gas. In terms of oil and gas production, Reeves County is a major contributor to this output as it is one of the most active counties in the Permian Basin.
The Texas Railroad Commission data shows that the overall production of oil and gas in Reeves county has been relatively stable over the years, with some fluctuation.
Mineral Rights Value in Reeves County Texas
Reeves County remains one of the most active and valuable areas in the Permian Basin. Mineral rights here are still in high demand, with average prices per acre ranging from $10,000 to $15,000 per net mineral acre. In some cases, prices can go higher depending on location, royalty income, and nearby development.
Note: If you received an offer that is higher than this range, DO NOT assume the offer is fair. You need to get competitive bids from mineral buyers.
Most buyers base their offers on current income + upside potential.
A common valuation method for current income is 3 to 6 years worth of recent royalty income, depending on how competitive the area is. If your minerals are producing and located near active drilling, you could see top-dollar offers. The upside potential varies substantially from one buyer to the next.
Market conditions are strong, with steady drilling activity and healthy oil prices helping to support mineral rights values. That makes now a great time to explore selling.
Fair Value to Sell Mineral Rights in Reeves County
Getting a fair price for your mineral rights in Reeves County starts with one thing: Competition.
The more qualified buyers you have looking at your minerals, the higher your offers will be. Too many mineral owners accept the first offer they get, not realizing they could leave tens of thousands of dollars on the table.
At Texas Royalty Brokers, we bring your minerals to a wide network of serious, vetted buyers who are actively purchasing in Reeves County.
By creating competition, we drive up the price and ensure you receive multiple competitive bids. That way, you can be confident you’re selling for true market value, not just what one buyer is willing to pay.
We handle the entire process from start to finish, making it easy for you to sell while still getting top dollar. If you’re considering selling, let us help you get the fair value your mineral rights deserve.
How to Sell Mineral Rights in Reeves County Texas
Selling mineral rights in Reeves County can feel overwhelming. With thousands of buyers in the market, it’s tough to know who’s serious, who’s offering a fair price, and who to trust.
Making the wrong move can cost you a lot of money.
While it is possible to contact mineral buyers directly through mail offers, cold calls, or websites, this approach rarely leads to the best outcome.
Most of the time, direct buyers make low offers and hope you do not know what your minerals are really worth. And if you are only talking to one or two buyers, you are missing out on real market competition.
The better approach is to work with a mineral rights broker who understands the market and knows how to attract multiple competitive offers.
At Texas Royalty Brokers, we specialize in helping mineral owners sell high-value properties across Texas, including Reeves County. We market your mineral rights to a wide network of serious, qualified buyers. By creating competition, we help drive up the price and ensure you get the best possible deal.
We take care of the entire process from start to finish. That includes preparing your listing, answering buyer questions, and negotiating the final sale. Because our primary focus is on Texas mineral rights, we understand what makes Reeves County unique and how to market your minerals to the right buyers.
If you are considering a sale, we make it simple, transparent, and focused on maximizing your value.
Leasing Mineral Rights in Reeves County Texas
If you own mineral rights in Reeves County, you may have already been approached by oil and gas companies or landmen offering to lease your minerals.
Leasing mineral rights can be a good way to earn income without giving up ownership, but it is important to understand the terms and what they really mean for your long-term value.
When you lease your mineral rights, you are giving an oil and gas company the right to explore and produce minerals from your property. In exchange, you receive a bonus payment upfront and a royalty on future production if wells are drilled and produce oil or gas.
Key Factors in a Lease Agreement
A few key terms in a mineral lease can make a big difference:
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Bonus Rate: This is a one-time payment per acre that you receive when the lease is signed. In Reeves County, lease bonus rates vary widely depending on location and activity but can range from a few hundred to several thousand dollars per acre.
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Royalty Rate: This is the percentage of production revenue you will receive if a well is drilled and produces. The standard rate is often 25%, but some leases may offer less. Always aim for the highest royalty possible.
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Lease Term: Most leases are signed for 3 to 5 years, with the possibility of an extension. If no well is drilled within that time, the lease may expire.
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Post-Production Costs: Some leases allow operators to deduct costs like transportation and processing from your royalty payments. Always review this carefully, as it can eat into your income.
Should You Lease or Sell in Reeves County?
While leasing may sound appealing, there are risks to consider. You may receive a nice upfront payment, but there is no guarantee that drilling will happen. Even if your property is leased, it could sit idle for years. And if the market shifts or oil prices fall, the lease may not be renewed or developed at all.
Selling your mineral rights, on the other hand, provides a guaranteed lump sum payment now, often based on years of projected royalty income. For many owners, especially those who want to cash out while values are high, selling can be the better financial decision.
At Texas Royalty Brokers, we can help you evaluate your options. If you’re unsure whether to lease or sell, we can walk you through both paths and provide a free valuation based on current market conditions in Reeves County.
No matter what you decide, make sure you understand the terms and the potential value of your mineral rights ownership. The right strategy depends on your goals, location, and what the market is doing today.
Mineral Rights for Sale in Reeves County
To view mineral rights for sale in Reeves County Texas, head over to our mineral rights for sale page. At the top, you will see a drop down for county. Simply select Reeves County from the list to see the currently available mineral rights for sale in Reeves County. If you want to buy mineral rights in Reeves county and there are not any active listings, please check back often as we frequently add new listings.
Curious about buying mineral rights in Reeves County Texas? If so, read our guide on how to buy mineral rights in Reeves County Texas.
Free Consultation
Texas Royalty Brokers offers a no-obligation and no-pressure free consultation to help mineral rights owners better understand their rights and the process of selling them. During this consultation, a representative from the company will provide an overview of the mineral rights market in Reeves County, Texas, and answer any questions you may have about the process of selling your mineral rights.
The consultation is a great way for mineral rights owners to gain a better understanding of the value of their mineral rights, and to learn more about the process of selling them. Even if you choose not to list with Texas Royalty Brokers, you will have a clear understanding of your mineral rights and be in a better position to make informed decisions about them.
This no-obligation consultation is an opportunity for the mineral rights owners to educate themselves and make a decision that’s best for them. The company understands that the process of selling mineral rights can be complex and it can be beneficial to have an expert walk you through it. Additionally, at Texas Royalty Brokers we are committed to providing transparent and honest advice to all of our clients.
