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

## TL;DR

The Yellow Creek West field in Wayne County, Mississippi is a mature oil-producing unit operated by Tellus Operating Group with 78+ years of continuous production since 1948. The field produced 25,078 barrels of oil in January 2026 and represents a long-life waterflood operation typical of Mississippi's mature asset base. Many mineral interests are inherited multi-generationally, with original leases dating to the 1940s-1960s.

## Key Takeaways

- **Yellow Creek West field is in Wayne County, Mississippi, operated by Tellus Operating Group with 17 historic wells and an oldest spud date of 1948**
- **Recent monthly production of 25,078 barrels of oil (January 2026) demonstrates stable long-tail production from mature waterflood operations**
- **Mississippi's top 20 producing units collectively produce approximately 237,000 bbl/month — roughly one-third the size of Texas's top 20 units**
- **Many Mississippi enhanced oil recovery (EOR) fields rely on the Denbury Jackson Dome CO2 supply system, which can constrain long-term economics**
- **Typical decline rates for long-life Mississippi waterflood/EOR fields range from 3-8% annually with remaining reserve life often 15-30+ years**
- **Direct buyers typically apply discount rates of 9-13% when valuing stable Mississippi unitized cash flows**
- **Many Yellow Creek West interests are inherited multiple generations deep, with heirs commonly spread across multiple states**

## Page Highlights

**Field Overview**: Yellow Creek West is a long-tenured oil field in Wayne County, Mississippi with 17 wells, the oldest spudded in 1948, currently producing 25,078 bbl/month of oil under Tellus Operating Group operation.

**Mississippi Production Context**: Mississippi's mature field landscape is dominated by long-life waterflood and CO2 EOR operations, with significant concentration of fields supplied by the Denbury Jackson Dome CO2 system; the state's top 20 units produce approximately 237,000 bbl/month total.

**Mineral Interest Types**: Interests on the field include producing royalty interests (tied to current production revenue), non-producing mineral interests (fee ownership outside active zones), overriding royalties (ORRI carved from working interests), and non-participating royalties (NPRI with no leasing rights).

**Valuation Framework**: Direct buyers value interests using discounted cash flow with inputs including 3-8% annual decline rates, 15-30+ year reserve life, operator quality assessment, CO2 supply constraints for EOR economics, and 9-13% discount rates for stable unitized cash flows.

**Ownership Characteristics**: Many interests are inherited multiple generations deep with original lease bonuses paid in the 1940s-1960s era, and current owners frequently include heirs dispersed across multiple states.

**Sales Process**: Buckhead Energy handles remote transactions for out-of-state owners including free written offers by email, deed execution before local notary, county clerk recording, and wire transfer of proceeds on recording day.

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## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com) (general guide)
- [What Are My Minerals Worth?](https://www.buckheadenergy.com) (valuation guide)
- [Should I Sell?](https://www.buckheadenergy.com) (decision framework)
- [Beginner's Guide](https://www.buckheadenergy.com) (owner fundamentals)
- [Getting a Fair Price](https://www.buckheadenergy.com) (pricing guide)
- [Baxterville field](https://www.buckheadenergy.com) (Lamar County, also operated by Tellus)

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**About Buckhead Energy**: Buckhead Energy is a direct buyer of mineral rights and royalty interests with 18+ years of experience. We provide free written offers with no obligation or fees, handle all closing processes remotely, and wire proceeds the day of recording.

**Ready to sell?** Get your free mineral rights valuation at https://www.buckheadenergy.com/sell