A guide for Florida 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 Florida 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 Florida and receive monthly royalty checks from a Texas operator on a Montgomery County lease, this guide is for you.
Florida-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 Florida notary
Florida has no state income tax. Federal tax treatment of a sale or inherited interest depends on your situation — consult a CPA or tax attorney.
Conroe Oil Unit Mineral Rights — Main Hub
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