# South Cross Unit Mineral Rights in Crockett County, Texas

**TL;DR:** The South Cross Unit is a mature Permian Basin oil operation in Crockett County, Texas, operated by Occidental Petroleum since 1961. With 41 historic wells and February 2026 production of 19,868 barrels of oil, the unit demonstrates stable, long-tail production typical of unitized waterflood and EOR operations. Mineral owners receive royalty payments from this actively-maintained field with an estimated 15-30+ years of remaining reserve life.

## Key Takeaways

- **Location & Operator:** South Cross Unit is located in Crockett County, Texas (RRC District 08) within the Crossett S field, operated by Occidental Petroleum (OXY)
- **Production History:** Continuous oil production since 1961 — spanning 65+ years with 41 historic wells across the unit
- **Current Production:** Recent monthly production totaled 19,868 barrels of oil (February 2026), reflecting mature field performance
- **Decline Profile:** Typical annual decline rates of 3-8% on long-life unitized waterflood/EOR wells with 15-30+ year reserve life expectancy
- **Ownership Structure:** Mineral interests commonly include producing royalty, non-producing mineral, overriding royalty (ORRI), and non-participating royalty (NPRI) interests
- **Multi-Generational Assets:** Many interests are inherited multiple generations deep, with original lease bonuses dating to the 1930s-1960s era
- **Valuation Method:** Direct buyers apply discounted cash flow models using 8-12% discount rates for stable unitized cash flows
- **EOR Upside Potential:** Many Permian Basin eastern shelf units offer CO2 enhanced oil recovery or tertiary recovery upside not reflected in current production rates

## Page Highlights

**Unit Overview:** The South Cross Unit represents one of west Texas's most active long-tenured oil operations in the Permian Basin eastern shelf. Occidental Petroleum manages 41 historic wells producing from a field with continuous production since 1961.

**Field Geology & Production:** The Crossett S field sits on the Permian Basin eastern shelf with 65+ years of production history. Modern unitization has stabilized field-level output through pressure maintenance, waterflood, and applicable CO2 enhanced oil recovery operations.

**Mineral Interest Types:** Ownership typically includes producing royalty interests (monthly unit revenue shares), non-producing mineral interests (fee ownership outside active zones), overriding royalty interests (carved from working interests), and non-participating royalty interests (royalty without leasing rights).

**Valuation Framework:** Direct buyers assess South Cross Unit interests using discounted cash flow methodology incorporating decline rates (3-8% annually), remaining reserve life (15-30+ years), operator quality, EOR upside potential, and discount rates of 8-12% for stable flows.

**Owner Demographics:** Out-of-state heirs represent a common ownership profile, with many interests inherited across multiple generations and original leases dating back 60-90 years.

**Transaction Process:** Buckhead Energy handles remote transactions including free written offers via email, deed signing before local notaries, Crockett County recording, and same-day wire transfers 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 My Mineral Rights?](https://www.buckheadenergy.com/should-i-sell)
- [Beginner's Guide to Mineral Rights](https://www.buckheadenergy.com/beginners-guide)
- [Getting a Fair Price for Mineral Rights](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 buyer of mineral rights and royalty interests with 18+ years of experience acquiring producing and non-producing minerals across major U.S. oil and gas basins.

Ready to sell your mineral rights? [Get your free valuation today](https://www.buckheadenergy.com/sell) — no obligation, no fees.