# Durango Operating Mississippi Mineral Rights Operations

**TL;DR:** Durango Operating manages mature oil and gas fields in Mississippi, primarily the Cranfield field in Adams County (historically a Denbury CO2 flood and SECARB sequestration site) and Willis Branch in Franklin County. Combined production is approximately 918 barrels per day as of January 2026. Mineral owners receive monthly royalty payments based on tract-level production, and valuations typically use 8-13% discount rates with 15-30+ year reserve life projections.

## Key Takeaways

- **Durango Operating operates two Mississippi mature fields:** Cranfield (Adams County) and Willis Branch (Franklin County), producing ~398 bbl and ~520 bbl respectively as of January 2026
- **Cranfield has historical significance** as Denbury's first commercial Mississippi CO2 flood and the SECARB CO2 sequestration test site, now potentially transitioning to sequestration-only operations
- **Monthly royalty checks** are calculated based on each mineral owner's tract contribution to total field revenue
- **Standard DCF valuations** for these properties use discount rates of 8-13% with expected reserve life of 15-30+ years reflecting mature-field economics
- **Mineral owners can sell remotely** if located out-of-state, with valuations accounting for Jackson Dome CO2 supply and operator strategy scenarios
- **Small-to-mid size operator** focused on long-life mature-field operations with established production profiles

## Page Highlights

**Company Overview:** Durango Operating is a small-to-mid-sized Mississippi operator managing mature oil and gas fields with long reserve lives, focusing on established production rather than drilling activity.

**Field Operations:** The company's two primary fields are Cranfield in Adams County (historic CO2 flood and sequestration site) and Willis Branch in Franklin County, with combined production around 918 barrels per day.

**Mineral Owner Implications:** Owners of mineral rights on Durango Operating acreage receive consistent monthly royalty payments, and their interests can be valued using conventional mature-field methodologies with multi-decade reserve life assumptions.

**Valuation Considerations:** Free written valuations account for Jackson Dome CO2 supply dynamics and operator-specific strategies, particularly relevant given Cranfield's history with CO2 operations and potential sequestration transition.

## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com/sell-mineral-rights)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/what-are-my-minerals-worth)
- [Should I Sell My Mineral Rights?](https://www.buckheadenergy.com/should-i-sell)
- [Beginner's Guide to Mineral Rights](https://www.buckheadenergy.com/beginners-guide)

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