Permian owner file
Sell Mineral Rights in Andrews County, TX/NM
Andrews County sits on the western shelf of the Midland Basin, and we've spent enough years looking at logs from this county to know it rewards patience more than headlines.
We ran drilling and completions programs in the Midland Basin for the better part of two decades before we started buying royalty interests full time, and Andrews County was always one of the counties where the Wolfcamp and Spraberry sections behaved consistently enough that operators could plan multi-well pads years out. That consistency is exactly why an interest here tends to hold value even when a single well's decline curve looks rough on paper.
If you inherited a fractional royalty interest, or you're the owner of record on a lease that's been producing since a relative signed it decades ago, here is what actually moves the number on an offer for Andrews County minerals, and what we'd want to know before we put a figure in front of you.
Where the county sits in the play
Andrews County straddles the northwestern edge of the Midland Basin, with the county seat of Andrews serving as the hub for the oilfield service traffic that runs between here and the New Mexico state line. The Wolfcamp A and B benches carry most of the current horizontal activity, stacked above older vertical Spraberry and San Andres production that in some sections has been running since the 1950s.
What that layered history means for a mineral owner is that your interest may be earning off more than one producing horizon, or it may sit under acreage that's been held by production for so long the original lease terms are almost antique. Both situations change how we'd approach valuing the interest, which is why we always ask for the lease number or at least the operator name before quoting anything.
What drives the number on an offer
Three things move a valuation more than anything else: net royalty acres, the decline stage of the wells currently paying you, and whether there's undeveloped acreage nearby that a public operator has already permitted. In parts of Andrews County near the more active pad development, that third factor can matter as much as your current check amount, because a buyer is pricing in wells that haven't spud yet.
Values here vary with commodity price, spacing, and where exactly your tract sits relative to the current drilling program, so we won't quote a multiple without seeing the tract. What we can tell you is that a royalty statement showing steady or gently declining production from a recent Wolfcamp horizontal is generally viewed differently than one showing a legacy vertical well thirty years into its life. Both still have value, they're just priced against different assumptions.
Ownership situations we see most in Andrews County
A lot of the mineral ownership here traces back to ranching families who held onto minerals when they sold or leased surface acreage generations ago, so it's common to find an interest split five or six ways among heirs who've never met each other. If you're one of several siblings or cousins holding a fractional piece, we can usually work with your share alone without requiring everyone else to sell.
We also see non-operated working interests in Andrews County, usually held by someone who was cut into a deal decades ago or inherited a small working interest alongside the royalty. Working interest carries cost exposure that royalty doesn't, and that changes the math meaningfully, so tell us upfront which kind of interest you hold.
What we need to put a real number in front of you
A recent division order or royalty check stub gets us most of the way there. The operator name, the well or unit name, and your decimal interest let us pull production history from state records and build an honest range instead of a guess. If you don't have paperwork handy, the county and roughly where the tract sits is enough to start.
We're not a licensed appraiser and this isn't a substitute for legal or tax advice on your specific situation, so for anything involving estate division or the tax treatment of a sale, talk to your CPA or attorney before you sign. What we can do is give you a candid, no-pressure number based on how we'd actually price the interest if we were buying it ourselves, because we am.
Do you need to know which wells are producing on your Andrews County interest before contacting you?
No. If you have a recent check stub or division order, that's plenty. If you don't, we can often locate the unit using your legal description or the operator's name and cross-reference it against Texas Railroad Commission records.
Does it matter if your Andrews County minerals are held by production or sitting undeveloped?
It matters for pricing but not for whether we can make an offer. Producing interests are valued off current cash flow and decline behavior. Undeveloped or non-producing acreage is valued more on nearby permitting activity and how likely a well is to be drilled in a reasonable window.
You only own a small fractional interest, is it worth selling?
Small fractional interests are exactly what we buy most often in this county, since so much of the original mineral estate has been divided among heirs. A tiny decimal interest is still real money if the underlying wells are productive.
How fast can a sale close on an Andrews County royalty interest?
Once we have a signed purchase and sale agreement and title work confirms your interest, most closings run three to six weeks. Title curative issues, like unresolved probate on an inherited interest, can extend that timeline.