Permian owner file
Big Lake is where Santa Rita No. 1 came in back in 1923, and in a real sense that well is the reason the Permian Basin means what it means today.
That history is more than trivia, it tells you Reagan County has been producing oil for over a century, which means mineral ownership around Big Lake has passed through more generations and more estates than almost anywhere else in the basin. Layered on top of that century of vertical production is newer Wolfcamp horizontal activity, and untangling what's actually driving your royalty check takes real attention, not a form-letter guess.
A century of layered production
Reagan County's production history means your interest could be tied to wells that have been on decline for decades, newer horizontal units, or both blended together on the same royalty statement. We pull the specific well history behind your interest rather than assuming a single clean decline curve.
What sets the number
Net royalty acres, current production across whatever horizons are active on your unit, and nearby permitting activity around Big Lake all factor in. A recent division order or check stub is the fastest way to a specific, honest range.
Estates, heirs, and old family land
Given the century of history here, it's extremely common for ownership to be split among many heirs, some of whom may not know precisely what they own. We regularly buy a single heir's small fractional share without needing the rest of the family involved.
Working through a complicated estate
If your interest came through a probate that's still open, or a will that split the mineral estate among several children without ever formally documenting each share, that's not unusual around Big Lake and it doesn't stop a sale. We'll walk you through what documentation the title company needs before we get to closing.
Begin with the county record trail
A royalty review in each state starts with the recording office, legal description, deed chain, reservations, lease, units, division orders, payor records, statements, and regulatory well data.
Route local legal and tax questions correctly
Probate, marital property, dormant-mineral law, pooling, recording, transfer tax, regulatory filings, and payor-notice rules can differ from state to state. Those questions belong with qualified advisers.
Read the local tract against the Permian schedule
In every state, the royalty run sheet keeps the tract separate from broad county averages. The review pairs the legal description with producing wells, product lines, paid decimals, deductions, check history, decline, nearby permits, offset completions, operator changes, title exceptions, retained depths, and the exact property schedule in the written offer. Observed payments and recorded interests stay distinct from possible future locations, marketing claims, and assumptions that still need dated support.
your family has owned this since before you was born, is the paperwork too old to matter?
No, old documentation is still useful. Even a decades-old lease or division order gives us a starting point to cross-reference against current production records.
Is Big Lake still an active area for drilling?
Reagan County has continued to see Wolfcamp horizontal development layered on top of its long history of vertical production, so yes, activity continues.
You don't know exactly which wells your interest touches, can you find out?
Yes, that's part of what we do before making an offer. Give us your division order or check stub and we'll pull the well history from state records.
