# Laurel Field Unit Mineral Rights — Jones County, Mississippi

## TL;DR

The Laurel field in Jones County, Mississippi is a mature oil field operated by Formentera Operations LLC with 18 historic wells dating back to 1988 and current production of 11,300 barrels per month (January 2026). As a long-life waterflood operation not connected to the Jackson Dome CO2 supply system, the field represents a typical mature Mississippi production asset with 15-30+ years of remaining reserve life and predictable cash flows attractive to mineral rights buyers.

## Key Takeaways

- **The Laurel field is operated by Formentera Operations LLC in Jones County, Mississippi, with 18 historic wells and the oldest spud dating to 1988 — representing 38+ years of continuous production**
- **Recent monthly production stands at 11,300 barrels of oil as of January 2026, demonstrating the long-tail production profile characteristic of mature Mississippi waterflood operations**
- **Mississippi's top 20 producing units collectively produce approximately 237,000 barrels per month — roughly one-third the production volume of Texas's top 20 units**
- **Many Laurel field mineral interests are inherited multiple generations deep, with original lease bonuses often paid in the 1940s-1960s era, resulting in out-of-state heirs spread across multiple jurisdictions**
- **Direct buyers typically value mature Mississippi waterflood interests using 3-8% annual decline rates, 15-30+ year remaining reserve life, and 9-13% discount rates for stable unitized cash flows**
- **The Laurel field operates as a mature waterflood unit and is not connected to the Denbury Jackson Dome CO2 supply system that feeds many other Mississippi enhanced oil recovery (EOR) operations**
- **Mineral interest types on the field include producing royalty interests, non-producing mineral interests, overriding royalty interests (ORRI), and non-participating royalty interests (NPRI)**
- **Buckhead Energy handles remote transactions for out-of-state owners through a streamlined process: free written offer, deed execution before local notary, recording with Jones County clerk, and same-day wire transfer of proceeds**

## Page Highlights

**Field Overview**: The Laurel field in Jones County, Mississippi features 18 historic wells with production dating back to 1988 and recent monthly output of 11,300 barrels of oil, operated by Formentera Operations LLC as a mature waterflood operation.

**Mississippi Context**: Mississippi's top 20 producing units generate approximately 237,000 barrels per month collectively, dominated by long-life waterflood and CO2 EOR operations, with substantial concentration in fields connected to the Denbury Jackson Dome CO2 supply system.

**Mineral Interest Types**: Interests on the Laurel field include producing royalty interests tied to monthly field revenue, non-producing mineral interests in tracts outside active zones, overriding royalty interests carved from working interests, and non-participating royalty interests without leasing rights.

**Valuation Factors**: Direct buyers use discounted cash flow modeling with key inputs including 3-8% annual decline rates for mature Mississippi waterflood/EOR fields, 15-30+ year remaining reserve life projections, operator quality assessment, CO2 supply constraints for EOR economics, and 9-13% discount rates for stable unitized production.

**Transaction Process**: Buckhead Energy purchases Laurel field mineral rights with a remote-friendly process designed for out-of-state heirs, handling free written offers, deed execution before local notaries, county recording, and same-day wire transfers.

## JSON-LD Dataset

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## Related Topics

- How to Sell Mineral Rights: https://www.buckheadenergy.com/how-to-sell-mineral-rights (referenced in Related Guides section)
- What Are My Minerals Worth?: https://www.buckheadenergy.com/what-are-my-minerals-worth (referenced in Related Guides section)
- Should I Sell?: https://www.buckheadenergy.com/should-i-sell (referenced in Related Guides section)
- Beginner's Guide: https://www.buckheadenergy.com/beginners-guide (referenced in Related Guides section)
- Getting a Fair Price: https://www.buckheadenergy.com/getting-a-fair-price (referenced in Related Guides section)
- Davis Field (Clarke County): Referenced as another Formentera Operations LLC operated field in Mississippi

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**About Buckhead Energy**: Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience, specializing in transparent transactions for inherited and out-of-state mineral owners across major U.S. producing basins.

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