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Reedy Creek Field Unit Mineral Rights — Jones County, Mississippi

An owner's guide to mineral rights on the Reedy Creek field — operated by Venture Oil & Gas in Jones County, Mississippi.

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Reedy Creek Field Overview

County: Jones County, Mississippi

Field: Reedy Creek

Operator: Venture Oil & Gas

Old wells: 13

Oldest spud: 1968 (58+ years of production)

Recent monthly oil production: 3,977 bbl (January 2026)

About the Reedy Creek Field

The Reedy Creek field is one of the long-tenured oil-producing fields in Mississippi. With 13 historic wells, an oldest spud date of 1968, and recent monthly production of 3,977 barrels of oil (January 2026), the field demonstrates the long-tail production profile that characterizes mature Mississippi oil operations.

Venture Oil & Gas operates the Reedy Creek field. Venture also operates the Glazier field in Perry County.

The field is long-life Mississippi mature-field operation.

Mississippi Mature-Field Production Context

Mississippi's top 20 producing units (by recent monthly oil production) collectively produce approximately 237,000 barrels per month — about one-third the size of Texas's top 20 units. The Mississippi field landscape is dominated by long-life waterflood and CO2 enhanced oil recovery (EOR) operations, with a substantial concentration of fields fed by the Denbury Jackson Dome CO2 supply system. Jones County is one of the more active producing counties in the state.

Mineral Interest Profile

Mineral interests on the Reedy Creek field typically take one of these forms:

Producing royalty interest — your tract's contribution to the field'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 Reedy Creek field interests are inherited multiple generations deep, with original lease bonus paid in the 1940s-1960s era. Current Mississippi mineral owners frequently include heirs spread across multiple states.

Valuation Considerations

Direct buyers value Reedy Creek field mineral interests using a discounted cash flow approach with these key inputs:

Decline rate — typically 3-8% annual on long-life Mississippi waterflood / EOR fields

Remaining reserve life — often 15-30+ years on actively-maintained EOR units

Operator quality — long-tenured Mississippi EOR operators typically deliver predictable production

CO2 supply constraint — for Jackson Dome-supplied CO2 floods, operator-side CO2 supply is the binding constraint on EOR economics; this affects long-term reserve life projections

Discount rate — typically 9-13% for stable Mississippi unitized cash flows

Selling Reedy Creek Field Mineral Rights

Buckhead Energy buys mineral rights and royalty interests on the Reedy Creek field. 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 Jones County clerk, and proceeds wired the day of recording.

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Key Takeaways

  • Reedy Creek field is in Jones County, Mississippi, operated by Venture Oil & Gas.
  • 13 historic wells with oldest spud in 1968 — 58+ years of continuous production.
  • Recent monthly production: 3,977 barrels of oil (January 2026).
  • Mississippi top-20 mature/EOR fields collectively produce approximately 237,000 bbl/month — about one-third the size of Texas top 20.
  • Many Mississippi EOR fields are fed by the Denbury Jackson Dome CO2 supply system.

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