Permian owner file
Howard County sits on the eastern hinge of the Midland Basin, where the same Spraberry and San Andres pay that made Midland famous starts to shallow out toward the Eastern Shelf.
We spent enough years running completions on the Midland side of the basin to know Howard County doesn't get talked about the way Martin or Midland County does, but the production history here is deep. Big Spring has been an oil town since the 1920s, and a lot of the minerals under this county were split up two and three generations ago, long before anyone was drilling laterals.
That history is exactly why owners here get confusing offers. Some of your acreage might be held by an old vertical San Andres well paying a few dollars a month, while a section line over a new Wolfcamp horizontal is running real volume. We look at both instead of whichever number makes an offer sound bigger.
Where the county sits in the basin
The Midland Basin doesn't stop cleanly at a county line, and Howard County is proof. Moving east from Martin and Midland counties, the Spraberry and Wolfcamp intervals thin and the section starts to shelf out, which is why you'll see older, shallower San Andres and Clearfork wells mixed in with newer horizontal development. Big Spring, the county seat, grew up around that shallower production and the refinery that's operated there for decades.
For a mineral owner, that geologic transition matters more than it sounds. It means Howard County acreage can carry two very different production stories depending on exactly where your tract sits, and a buyer who only looks at a type curve for 'the Midland Basin' generally is going to miss it.
What we actually price
When we look at a Howard County tract we're pulling your division order, your check stubs if you have them, and the Railroad Commission production history on the wellbore or unit you're tied to. If there's active horizontal development nearby with permits filed, that changes the offer. If your interest is under a decades-old vertical well on late-stage decline, that's a different conversation, and we'll tell you that up front rather than dress it up.
We also check for open acreage that hasn't been leased or held by production. Unleased minerals in a county with this much legacy vertical activity are common, and they get priced differently than a producing interest with a royalty history behind them.
Heirship and fractional interests are common here
A meaningful share of the calls we get out of Howard County are from heirs splitting a tract that's been in the family since before the first oil boom. If you're one of six cousins each holding a small fractional interest in a producing well, that's a normal situation for us, not a complication. We can buy a single heir's share without requiring the rest of the family to sell.
If your interest hasn't been probated or the title has a gap somewhere, say a deed that never got recorded, we can usually still work with it, but it will affect timing. We'll walk you through what the courthouse records show before we ever put a number in front of you.
Is Howard County still seeing new drilling, or is it mostly legacy production?
Both. The western part of the county closer to Martin County sees ongoing horizontal Wolfcamp and Spraberry activity, while much of the rest of the county is older San Andres and Clearfork production on longer declines. We price your specific tract against the wells actually producing on or near it.
your family's minerals have been split between several heirs for decades. Can you still buy your share?
Yes. We buy individual fractional and undivided interests all the time and don't need the rest of your family to agree to sell alongside you.
What's a fair price for minerals near Big Spring?
It depends heavily on whether you're tied to active horizontal development or an older vertical well on decline, plus your net mineral acres and royalty rate. We quote against your actual production history rather than a flat countywide number.
Do you buy unleased minerals in Howard County?
We do, though the offer reflects that there's no royalty stream yet to underwrite it. Unleased acreage near confirmed horizontal permits is worth more than acreage with no nearby activity.
How fast can this close?
Once we've confirmed title through the county clerk's records and, if needed, probate documentation, most Howard County purchases close in three to six weeks. Clean title with a current division order moves faster.
Do you buy both mineral rights and royalty interests in Howard County?
Yes. A mineral owner who hasn't leased holds the right to lease and receive bonus and royalty, while a royalty owner is already receiving payments under an existing lease. We buy both, and the valuation approach differs between the two, so tell us which you have and we'll price it correctly.
What happens to your interest in the Big Spring refinery area if surface development expands?
Your mineral ownership stays separate from surface use under Texas law regardless of how the surface around Big Spring develops. We'll flag anything specific to your tract that could affect future drilling access, but the sale of your minerals isn't contingent on surface activity.
