Hawkins Field Unit Mineral Rights — Wood County, Texas

Unit Overview

About the Hawkins Field Unit

The Hawkins Field is a major East Texas oil field operated by ExxonMobil under unitized pressure-maintenance through nitrogen injection. Cumulative production is among the largest in East Texas. The Woodbine Sandstone reservoir is shared with the giant East Texas Field discovered nearby.

The Hawkins Field Unit is operated by ExxonMobil as one of the long-tenured unitized oil operations in the East Texas. With first production dating to 1940 and recent monthly oil output of 350,000+ barrels, the unit demonstrates the long-tail production profile that characterizes mature unitized operations in the region.

Hawkins Field Geology & Reservoir

The Hawkins field produces from the Woodbine Sandstone reservoir. Modern operating consolidation under the Hawkins Field Unit framework has stabilized field-level production through nitrogen injection + waterflood.

For broader context on the East Texas producing region, see our Permian Basin mineral rights guide.

Mineral Interest Profile

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

Valuation Considerations

Direct buyers value Hawkins Field 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 — ExxonMobil is an established operator in the East Texas

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

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

Selling Hawkins Field Unit Mineral Rights

Buckhead Energy buys mineral rights and royalty interests on the Hawkins Field 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 Wood County clerk, and proceeds wired the day of recording.

Get a Free Hawkins Field Unit Valuation

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