Permian owner file
Odessa is the working capital of the Permian, and if your family's minerals are anywhere near it, they're likely in the densest, most heavily developed part of the entire Midland Basin.
Odessa is technically the seat of Ector County, not Midland, but the two cities function together as the economic center of the entire basin, and a lot of families who own minerals here also have interests scattered across neighboring Midland, Ector, and Martin counties from the same original land holdings. If that describes your situation, it's worth valuing your Odessa-area interest alongside whatever else you hold, not in isolation.
Dense development, dense competition among buyers
The acreage in and around Odessa has been drilled and redrilled for the better part of a century, and current horizontal Spraberry and Wolfcamp development here is about as dense as anywhere in the basin. That density is exactly why owners in this area get more solicitations than most — you're probably not the first buyer to reach out about this interest, and you shouldn't feel pressured to take the first offer that lands in your mailbox.
Urban and suburban surface, active minerals below
Because Odessa has grown substantially as a city, some mineral interests here sit under residential subdivisions, commercial development, or industrial yards rather than open range. That surface development doesn't stop horizontal drilling from continuing to access the minerals below through units that extend well beyond any single developed parcel.
What we check before quoting an Odessa-area number
Given how much land here has changed hands and how many operators are active, we run current permits, recent completions, and your specific unit's decline history before offering anything. That's the only way to give you a number that reflects your actual interest rather than a generic Permian estimate.
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.
You've gotten several offer letters for your Odessa-area minerals. Why so many?
This is one of the most heavily developed parts of the entire Permian Basin, so it draws a lot of buyer interest. Take your time comparing offers rather than accepting the first one, and ask each buyer to show their work on how they arrived at the number.
Is Odessa in Midland County or Ector County?
Odessa is the seat of Ector County. Many families in this area hold minerals across both Midland and Ector counties from the same original land holdings, and we're glad to value all of them together.
your minerals are under a neighborhood now. Can they still be developed?
Yes. Horizontal drilling accesses minerals from wellbores drilled some distance away, so surface development doesn't prevent production from continuing on units that include your acreage.
How do you value an interest in such an actively drilled area?
We look at your specific spacing unit, well history, and current permits nearby rather than a general Odessa-area average, since values can vary block by block even in dense acreage like this.
