# Yellow Creek East Field Unit Mineral Rights — Wayne County, Mississippi

## TL;DR

The Yellow Creek East field in Wayne County, Mississippi is a mature oil-producing unit operated by Elite Group LLC, with 5 historic wells dating back to 1951 and recent monthly production of 856 barrels of oil (January 2026). The field represents a long-life Mississippi waterflood operation typical of the state's mature EOR landscape, where top-20 producing units collectively generate approximately 237,000 barrels per month—about one-third the volume of Texas's top-20 units. Many mineral interests are inherited multiple generations deep, with original leases dating to the 1940s-1960s era.

## Key Takeaways

- **Yellow Creek East field is operated by Elite Group LLC in Wayne County, Mississippi, with 5 historic wells and oldest spud date of 1951—75+ years of continuous production**
- **Recent monthly production stands at 856 barrels of oil (January 2026), demonstrating the long-tail production profile characteristic of mature Mississippi operations**
- **Combined Yellow Creek (East + West) produces approximately 26,000 bbl/month, with the West side operated by Tellus**
- **Mississippi's top-20 producing units collectively generate ~237,000 bbl/month—about one-third the size of Texas's top-20 units**
- **Many Mississippi EOR fields are fed by the Denbury Jackson Dome CO2 supply system, which can serve as a binding constraint on long-term EOR economics**
- **Typical decline rates for Mississippi waterflood/EOR fields range from 3-8% annually, with remaining reserve life often extending 15-30+ years on actively-maintained EOR units**
- **Many Yellow Creek East field interests are inherited multiple generations deep, with original lease bonuses paid in the 1940s-1960s era**
- **Direct buyers typically apply 9-13% discount rates to stable Mississippi unitized cash flows when valuing mineral interests**

## Page Highlights

**Field Overview**: Yellow Creek East is a long-tenured oil-producing field in Wayne County, Mississippi with 5 historic wells, oldest spud in 1951, and 856 bbl/month recent production operated by Elite Group LLC.

**Mississippi Production Context**: Mississippi's top-20 producing units generate approximately 237,000 bbl/month collectively—about one-third the volume of Texas's top-20 units. The state's field landscape is dominated by long-life waterflood and CO2 enhanced oil recovery operations, with substantial concentration of fields fed by the Denbury Jackson Dome CO2 supply system.

**Mineral Interest Types**: Mineral interests on Yellow Creek East 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 leases from the 1940s-1960s.

**Valuation Inputs**: Direct buyers use discounted cash flow models with key inputs including 3-8% annual decline rates for Mississippi waterflood/EOR fields, 15-30+ year remaining reserve life projections, operator quality assessment, CO2 supply constraint analysis for Jackson Dome-supplied EOR floods, and 9-13% discount rates for stable Mississippi unitized cash flows.

**Sales Process**: Buckhead Energy handles the entire transaction process remotely for out-of-state owners (common for multi-generational inherited interests), including free written offers by email, deed signing before notary in owner's state, recording with Wayne County clerk, and wire transfer proceeds on recording day.

## Dataset Variables

No JSON-LD Dataset present on this page.

## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com/sell/how-to-sell-mineral-rights)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/sell/what-are-my-minerals-worth)
- [Should I Sell Mineral Rights?](https://www.buckheadenergy.com/sell/should-i-sell)
- [Beginner's Guide to Mineral Rights](https://www.buckheadenergy.com/sell/beginners-guide)
- [Getting a Fair Price for Mineral Rights](https://www.buckheadenergy.com/sell/getting-a-fair-price)

---

**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 mineral interests across major U.S. oil and gas basins.

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