# Wasson ODC Unit (District 8A) Mineral Rights — Yoakum County, Texas

**TL;DR:** The Wasson ODC Unit (District 8A side) is a long-producing oil unit in Yoakum County, Texas, operated by Occidental Petroleum on the historic Wasson field in the Permian Basin. With 159 wells, continuous production since 1939, and recent output of 16,932 barrels per month (February 2026), the unit represents a stable, mature asset with potential CO2 EOR upside. Mineral interests are often multi-generational inheritances delivering long-tail royalty income.

## Key Takeaways

- **Location & operator:** Wasson ODC Unit (District 8A side) is located in Yoakum County, Texas, in RRC District 8A, operated by Occidental Petroleum (OXY)
- **Production history:** 159 historic wells with the oldest spud date in 1939, representing 87+ years of continuous production
- **Current output:** Recent monthly production is 16,932 barrels of oil as of February 2026
- **Geology:** Part of the giant Wasson field complex in the Permian Basin (Wasson San Andres trend), with stabilized production from waterflood and potential CO2 EOR operations
- **Ownership profile:** Many interests are inherited multiple generations deep, with original leases from the 1930s-1960s era; heirs often spread across multiple states
- **Valuation factors:** Buyers typically use 3-8% annual decline rates, 15-30+ year reserve life, and 8-12% discount rates for stable unitized cash flows
- **EOR upside:** Many Permian Basin units in this trend have CO2 enhanced oil recovery potential not fully reflected in current production rates

## Page Highlights

**Unit Overview:** The Wasson ODC Unit (District 8A side) is one of the most active long-tenured oil units in west Texas Permian Basin, with 159 historic wells and recent monthly production of 16,932 barrels. OXY operates this unit as part of the giant Wasson field complex, sister to the District 11 unit.

**Geology & Production:** The Wasson field has produced continuously since 1939, spanning 87+ years. Modern operating consolidation has stabilized field-level production through pressure maintenance, waterflood, and (where applicable) CO2 enhanced oil recovery (EOR) operations.

**Mineral Interest Profile:** Mineral interests typically include producing royalty interest, non-producing mineral interest, overriding royalty interest (ORRI), and non-participating royalty interest (NPRI). Many interests are inherited multiple generations deep, with original lease bonuses paid in the 1930s-1960s era.

**Valuation Considerations:** Direct buyers use discounted cash flow approaches with key inputs including 3-8% annual decline rates, 15-30+ year remaining reserve life, operator quality assessment, potential EOR upside, and 8-12% discount rates for stable unitized cash flows.

**Selling Process:** Buckhead Energy handles the entire remote transaction process for out-of-state owners, including free written offers by email, deed signing before a notary in the owner's state, recording with the Yoakum County clerk, and wiring proceeds on the day of recording.

**CO2 EOR Comparison:** The page notes that Permian CO2 EOR (Wasson, Slaughter, Seminole) and Mississippi Jackson Dome CO2 EOR (Heidelberg, Eucutta, Tinsley) represent the two largest U.S. CO2 EOR clusters.

## Related Topics

- https://www.buckheadenergy.com/sell
- Permian Basin (Wasson San Andres trend) mineral rights guide (internal reference, URL not provided)
- How to Sell Mineral Rights (internal reference, URL not provided)
- What Are My Minerals Worth? (internal reference, URL not provided)
- Should I Sell? Beginner's Guide (internal reference, URL not provided)
- Getting a Fair Price (internal reference, URL not provided)
- Texas vs Mississippi Mature Oil Units — Comparison (internal reference, URL not provided)
- Mississippi CO2 Floods Overview (internal reference, URL not provided)

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**About Buckhead Energy:** Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience. The company specializes in providing fair written offers, handling remote transactions for out-of-state owners, and delivering proceeds on the day of recording.

**Ready to explore your options?** Get a free, no-obligation valuation at https://www.buckheadenergy.com/sell