Denver Unit Mineral Rights — Yoakum County, Texas

Unit Overview

About the Denver Unit

The Denver Unit is one of the largest unitized portions of the giant Wasson field in Yoakum County. The Wasson field is one of the historically largest oil fields in Texas and one of the most active CO2 EOR theaters in the Permian Basin.

The Denver Unit is operated by Occidental Petroleum (OXY) as one of the long-tenured unitized oil operations in the Permian Basin (Northwestern Shelf). With first production dating to 1937 and recent monthly oil output of 600,000+ barrels, the unit demonstrates the long-tail production profile that characterizes mature unitized operations in the region.

Wasson Field Geology & Reservoir

The Wasson field produces from the San Andres reservoir. Modern operating consolidation under the Denver Unit framework has stabilized field-level production through co2 eor + waterflood.

For broader context on the Permian Basin (Northwestern Shelf) producing region, see our Permian Basin mineral rights guide.

Mineral Interest Profile

Mineral interests in the Denver Unit typically take one of these forms:

Producing royalty interest — your tract's contribution to the unit's monthly revenue, paid by the operator

Non-producing mineral interest — fee mineral ownership in a tract currently outside active producing zones

Overriding royalty interest (ORRI) — a royalty carved out of a working interest

Non-participating royalty interest (NPRI) — a royalty interest with no leasing or development rights

Many Denver Unit interests are inherited multiple generations deep, with original lease bonus paid in the early discovery era. Current Denver Unit mineral owners frequently include heirs spread across multiple states.

Valuation Considerations

Direct buyers value Denver Unit mineral interests using a discounted cash flow approach with these key inputs:

Decline rate — typically 3-8% annual on long-life unitized waterflood / EOR wells

Remaining reserve life — often 15-30+ years on actively-maintained units

Operator quality — Occidental Petroleum (OXY) is an established operator in the Permian Basin (Northwestern Shelf)

EOR upside — CO2 EOR + waterflood operations can extend ultimate recovery beyond primary depletion estimates

Discount rate — typically 8-12% for stable unitized cash flows

Selling Denver Unit Mineral Rights

Buckhead Energy buys mineral rights and royalty interests on the Denver Unit. Out-of-state owners are common — many interests are inherited multiple generations deep. We handle the entire process remotely: free written offer by email, deed signed before a notary in your state, recorded with the Yoakum County clerk, and proceeds wired the day of recording.

Get a Free Denver Unit Valuation

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