A guide for California residents who own — or have inherited — mineral or royalty interests on the Conroe Oilfield in Montgomery County, Texas.
Quick answer
The Conroe Oilfield — discovered December 1931 by George W. Strake in Montgomery County, Texas — has been producing oil continuously for 95+ years. Many of today's mineral interests are owned by California residents who inherited them from a parent or grandparent who lived in or worked in Texas during the 1930s Strake-era boom. If you live in California and receive monthly royalty checks from a Texas operator on a Montgomery County lease, this guide is for you.
California-resident heirs of Conroe Oilfield interests typically hold one or more of:
Producing royalty interest — a fractional share of a producing waterflood unit's revenue, paid monthly
Non-producing mineral interest — fee mineral ownership in a section currently between producing wells
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
Out-of-state mineral sales are routine on the Conroe Oilfield. Buckhead Energy handles every step remotely:
Submit your information by email — county, legal description, and a copy of your most recent check stub
Receive a free written offer by email
Sign the mineral deed and PSA in front of a California notary
California state income tax applies to mineral sale proceeds; consult a California CPA for guidance. The tax treatment of an inherited mineral interest depends on your situation — consult a qualified California CPA or tax attorney.
Conroe Oil Unit Mineral Rights — Main Hub
Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
Start Your Free Written OfferGet a fair offer from a direct buyer with 20 years in business.
Sell My Mineral RightsBuckhead Energy buys mineral and royalty interests across all 50 states and has completed acquisitions in 33 states. Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead Energy has been buying mineral and royalty interests since 2006. Buckhead Energy holds an A+ rating with the Better Business Bureau.
Get My Offer Now