Permian owner file
Sell Mineral Rights in Loco Hills, NM
Loco Hills is one of the older names in Eddy County oil, a field that's been producing in one form or another since the 1920s.
This one's a genuinely historic field. Loco Hills was developed early, went through waterflood in the mid-20th century like a lot of shallow Permian fields did, and has kept producing at a modest rate ever since. If your family's minerals here have been in the same hands for generations, that fits the pattern we see.
What long-lived production means for value
A field that's been producing for a century tends to be well understood, decline curves are established, workover history is documented, and there's rarely a surprise waiting in the data. That predictability is actually useful when we're putting together an offer, we're not guessing at how a Loco Hills well behaves over time.
Old paperwork, older assignments
Interests this old have often been assigned, split, and re-recorded multiple times, sometimes with handwritten instruments from decades back. We're comfortable working through that kind of chain of title, it just takes a careful read of the Eddy County Clerk's older recorded volumes.
Waterflood economics, in plain terms
A field on waterflood produces at a steadier, more predictable rate than a fresh horizontal well, but the total volume recovered over time is generally lower than what modern completions achieve. That trade-off is worth understanding if you're weighing whether to sell now or keep collecting royalty from a well like this for years to come.
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.
How old is production at Loco Hills?
The field dates back to the 1920s and has produced through multiple phases of development including mid-century waterflooding. It's one of the older continuously producing areas in Eddy County.
your deed is handwritten and decades old. Can you still work with it?
Yes, older handwritten and re-recorded instruments are common on Loco Hills tracts, and we're used to tracing chain of title through the county clerk's older recorded volumes.
Is a century-old field still worth selling minerals in?
Often, yes. Long production histories give us a well-understood decline curve to price against, which can make valuation more straightforward than a brand-new well with no track record yet.
Should you hold onto a waterflood royalty or sell it now?
That depends on your personal timeline and risk tolerance. Waterflood production tends to be steady but gradually declining, so it's worth weighing years of smaller checks against a lump sum today. We'll show you the numbers either way.