# Diamond Field (Pride Energy) Unit Mineral Rights in Wayne County, Mississippi

**TL;DR:** The Diamond (Pride Energy) field in Wayne County, Mississippi is a mature oil-producing operation with 69+ years of continuous production since 1957, currently producing 1,567 barrels per month. Operated by Pride Energy Company, this long-life field exemplifies Mississippi's mature waterflood and enhanced oil recovery (EOR) operations, many of which are fed by the Denbury Jackson Dome CO2 supply system.

## Key Takeaways

- The Diamond (Pride Energy) field has produced continuously since 1957, with 5 historic wells delivering 1,567 barrels of oil in January 2026
- Pride Energy Company operates one of two distinct operating positions within the broader Diamond field in Wayne County
- Mississippi's top 20 producing units collectively produce approximately 237,000 barrels per month — roughly one-third the volume of Texas's top 20 units
- Many Mississippi EOR operations depend on the Denbury Jackson Dome CO2 supply system, which can constrain long-term reserve life projections
- Most Diamond field mineral interests are inherited multiple generations deep, with original lease bonuses paid in the 1940s-1960s era
- Direct buyers typically apply 9-13% discount rates to stable Mississippi unitized cash flows when valuing these mineral interests
- Mature Mississippi waterflood and EOR fields typically exhibit 3-8% annual decline rates with remaining reserve lives of 15-30+ years

## Page Highlights

**Field Overview:** The Diamond (Pride Energy) field in Wayne County represents a long-tenured Mississippi oil operation with 5 wells, the oldest drilled in 1957, demonstrating the long-tail production profile characteristic of mature Mississippi fields.

**Mississippi Production Context:** Mississippi's top 20 producing units generate approximately 237,000 barrels monthly (about one-third of Texas's top 20), with field landscape dominated by long-life waterflood and CO2 enhanced oil recovery operations.

**Mineral Interest Types:** Interests typically include producing royalty interests (tract contribution to monthly revenue), non-producing mineral interests (fee ownership outside active zones), overriding royalty interests (ORRI carved from working interests), and non-participating royalty interests (NPRI with no leasing rights).

**Valuation Inputs:** Direct buyers use discounted cash flow models incorporating 3-8% annual decline rates, 15-30+ year remaining reserve life, operator quality, CO2 supply constraints (for Jackson Dome-supplied floods), and 9-13% discount rates for stable unitized cash flows.

**Sales Process:** Buckhead Energy handles remote transactions for out-of-state owners through free written offers, notarized deeds, county recording, and same-day wire proceeds upon recording.

## Structured Data Summary

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## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com/sell)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/sell)
- [Should I Sell?](https://www.buckheadenergy.com/sell)
- [Beginner's Guide](https://www.buckheadenergy.com/sell)
- [Getting a Fair Price](https://www.buckheadenergy.com/sell)

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**About Buckhead Energy:** Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience acquiring interests across major producing basins.

**Ready to sell?** Get a free, no-obligation written offer at https://www.buckheadenergy.com/sell