# Conroe Field Unit Mineral Rights Overview — Montgomery County, Texas

**TL;DR:** The Conroe Field Unit in Montgomery County, Texas is a mature, unitized oil operation with 94+ years of continuous production history dating to 1932. Operated by Highmark Energy Operating, the unit produced 44,547 barrels of oil in February 2026 across 50 historic wells. Mineral owners typically receive stable, long-tail royalty income from this Texas Gulf Coast salt-dome field with potential CO2 EOR upside.

## Key Takeaways

- **Location & Operator**: Conroe Field Unit is located in Montgomery County, Texas (RRC District 03), operated by Highmark Energy Operating with 50 historic wells
- **Production Longevity**: Oldest well spudded in 1932, establishing 94+ years of continuous oil production from the Texas Gulf Coast salt-dome trend
- **Recent Production**: The unit produced 44,547 barrels of oil in February 2026, demonstrating sustained output from mature waterflood/EOR operations
- **Mineral Interest Types**: Ownership typically includes producing royalty interests, non-producing mineral interests, overriding royalty interests (ORRI), and non-participating royalty interests (NPRI)
- **Multi-Generational Ownership**: Many Conroe Field Unit interests were originally leased in the 1930s-1960s and are now held by heirs spread across multiple states
- **Valuation Factors**: Direct buyers use 3-8% annual decline rates, 15-30+ year reserve life, 8-12% discount rates, and potential CO2 EOR upside not reflected in current production
- **Stable Cash Flow Profile**: Unitized operations with pressure maintenance and waterflood provide predictable long-tail production compared to conventional stripper wells
- **Cross-State Portfolio**: Highmark Energy Operating also runs the Tinsley Field Unit in Mississippi, making it one of few operators with major mature-asset positions in both Texas and Mississippi

## Page Highlights

**Unit Fundamentals**: The Conroe Field Unit represents modern unitization of the historic Conroe Oilfield discovered by George Strake in 1931, consolidating operations across 50 wells in Montgomery County's Texas Gulf Coast salt-dome trend.

**Geological Context**: The field sits within the Texas Gulf Coast salt-dome trend and has maintained continuous production since 1932 through pressure maintenance, waterflood, and CO2 enhanced oil recovery (EOR) operations.

**Ownership Structures**: Mineral interests span producing royalty (actively contributing to monthly revenue), non-producing fee mineral, overriding royalty carved from working interests, and non-participating royalty with no leasing rights.

**Valuation Methodology**: Direct buyers assess Conroe Field Unit interests using discounted cash flow models incorporating low decline rates (3-8% annually), extended reserve life (15-30+ years), operator track record, and tertiary recovery potential.

**Transaction Process**: Buckhead Energy handles remote sales for out-of-state heirs with free written offers, notarized deeds, Montgomery County recording, and same-day wire transfer upon recording.

**Operator Profile**: Highmark Energy Operating maintains mature-asset positions in both Texas (Conroe Field Unit) and Mississippi (Tinsley Field Unit), demonstrating specialized expertise in long-life unitized fields.

## Dataset Variables

No JSON-LD Dataset was present on this page.

## Related Topics

- [Texas Gulf Coast salt-dome trend mineral rights guide](https://www.buckheadenergy.com/texas-gulf-coast-salt-dome-trend)
- [How to Sell Mineral Rights](https://www.buckheadenergy.com/how-to-sell-mineral-rights)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/what-are-my-minerals-worth)
- [Should I Sell?](https://www.buckheadenergy.com/should-i-sell)
- [Beginner's Guide](https://www.buckheadenergy.com/beginners-guide)
- [Getting a Fair Price](https://www.buckheadenergy.com/getting-fair-price)
- [Tinsley Field Unit (Yazoo Co., MS)](https://www.buckheadenergy.com/tinsley-field-unit)
- [Highmark Energy Multi-State Operations](https://www.buckheadenergy.com/highmark-energy-operations)

---

**About Buckhead Energy**: Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience acquiring producing and non-producing minerals across major U.S. oil and gas basins.

**Ready to get a fair cash offer?** [Start your free mineral rights valuation today](https://www.buckheadenergy.com/sell) — no obligation, no fees.