# Jo-Mill Unit Mineral Rights in Borden County, Texas

## TL;DR
The Jo-Mill Unit is a mature, high-producing oil unit in Borden County's Jomill field, operating continuously since 1955 with 130 historic wells. Operated by Jo Mill Oil Company LLC in the eastern Permian Basin, the unit produced 19,980 barrels of oil in February 2026. Mineral owners typically receive stable, long-tail royalty income through a modern operating framework that includes waterflood and potential CO2 enhanced oil recovery.

## Key Takeaways

- **Established Production**: 71+ years of continuous oil production since 1955, demonstrating exceptional field longevity in the Permian Basin eastern shelf
- **Current Output**: 19,980 barrels of oil produced in February 2026 from a mature unitized operation with 130 historic wells
- **Operator Stability**: Jo Mill Oil Company LLC maintains long-tenured operational control with proven track record in west Texas Permian Basin
- **Multiple Ownership Types**: Mineral interests exist as producing royalties, non-producing minerals, overriding royalties (ORRI), and non-participating royalties (NPRI)
- **Inherited Holdings Common**: Many current owners hold multi-generational inherited interests from original leases dating to the 1930s-1960s, with heirs distributed across multiple states
- **Valuation Framework**: Direct buyers apply 8-12% discount rates to cash flows with 3-8% annual decline, 15-30+ year reserve life, and potential CO2 EOR upside
- **Enhanced Recovery Potential**: Many eastern Permian Basin units retain tertiary recovery opportunities (CO2 EOR) not reflected in current production rates

## Page Highlights

**Unit Overview**: Located in Borden County, Texas (RRC District 8A) within the Jomill field, the Jo-Mill Unit represents one of the most active long-tenured oil operations in the west Texas Permian Basin with 130 wells and continuous production spanning seven decades.

**Field Geology & Production**: Positioned on the Permian Basin eastern shelf, the field has maintained production since 1955 through modern unitization that enables pressure maintenance, waterflood operations, and potential CO2 enhanced oil recovery implementation.

**Mineral Interest Types**: Ownership structures include producing royalty interests (tract-specific unit revenue contributions), non-producing mineral interests (fee ownership outside active zones), overriding royalties carved from working interests, and non-participating royalties without leasing rights.

**Valuation Methodology**: Direct acquisition firms evaluate interests using discounted cash flow analysis incorporating 3-8% annual decline rates, 15-30+ year remaining reserve life, operator quality assessment, EOR upside potential, and 8-12% discount rates for stable unitized production.

**Sales Process**: Buckhead Energy handles remote transactions for out-of-state owners including free written offers via email, notarized deed execution in the owner's state, Borden County recording, and same-day wire transfer upon recording.

## Related Topics

- [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-a-fair-price)
- [Permian Basin (eastern shelf) mineral rights guide](https://www.buckheadenergy.com/permian-basin-eastern-shelf-mineral-rights)

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**About Buckhead Energy**: Buckhead Energy is a direct mineral rights buyer with 18+ years of experience acquiring producing and non-producing mineral interests across major U.S. oil and gas basins. We provide transparent, professional transactions with no fees or obligations.

**Ready to explore your options?** Get a free, no-obligation written offer for your Jo-Mill Unit mineral rights at https://www.buckheadenergy.com/sell