An owner's guide to mineral rights on the West Hastings Unit — operated by Denbury Onshore on the Hastings West field in Texas Gulf Coast.
Get Your Free Mineral ValuationOld wells: 41
Oldest spud: 1935 (91+ years of production)
Recent monthly oil production: 43,119 bbl (Feb 2026)
The West Hastings Unit is one of the most active long-tenured oil units in Texas Gulf Coast. With 41 historic wells, an oldest spud date of 1935, and recent monthly production of 43,119 barrels of oil (February 2026), the unit demonstrates the long-tail production profile that characterizes mature unitized oil operations in the Texas Gulf Coast salt-dome trend.
Denbury Onshore operates the West Hastings Unit as part of its Texas Gulf Coast CO2 EOR portfolio. Denbury is one of the largest CO2 EOR operators in the U.S.
The Hastings West field sits in the Texas Gulf Coast salt-dome trend. The field has been producing oil since 1935 — a continuous production history spanning 91+ years. Modern operating consolidation under the West Hastings Unit framework has stabilized field-level production through pressure maintenance, waterflood, and (where applicable) CO2 enhanced oil recovery (EOR) operations.
For broader context on the Texas Gulf Coast salt-dome trend producing region, see our Texas Gulf Coast salt-dome trend mineral rights guide.
Mineral interests in the West Hastings Unit typically take one of these forms:
Producing royalty interest — your tract's contribution to the unit'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 West Hastings Unit interests are inherited multiple generations deep, with original lease bonus paid in the 1930s-1960s era. Current West Hastings Unit mineral owners frequently include heirs spread across multiple states.
Direct buyers value West Hastings Unit mineral interests using a discounted cash flow approach with these key inputs:
Decline rate — typically 3-8% annual on long-life unitized waterflood / EOR wells
Remaining reserve life — often 15-30+ years on actively-maintained units
Operator quality — well-maintained units (Denbury Onshore is established in Texas Gulf Coast) typically deliver predictable production
EOR upside — many Texas Gulf Coast salt-dome trend units have CO2 EOR or other tertiary recovery upside not reflected in current production rates
Discount rate — typically 8-12% for stable unitized cash flows
Buckhead Energy buys mineral rights and royalty interests on the West Hastings Unit. 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 Brazoria County clerk, and proceeds wired the day of recording.
Free written offers. No obligation. No fees.
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