Mcmahon Foundation The

108

Total Interests

$140,169

Appraised Value

Operators

103

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 108

Cumulative Production (Associated Leases)

Natural Gas: 71.67 MMCF

Oil: 24.58 MMBBL

Operators

Basa Resources Diversified Production Llc Merit Energy Corporation Dallas Production, Inc. Carpco Efficient Energy Co Linder, John Operating Co., Llc Faulconer Energy Llc Elms Oil Company Miken Oil, Inc. Proven Natural Resources Llc Bbhp Oilfield Services Llc O.T. Oil Trinity Oil And Gas Product, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Adrian & Mccrary RRC: 07484	Basa Resources	RI	0.7813%	$1,755
Adrian & Mccrary RRC: 06351	Basa Resources	RI	0.7813%	$2,590
Anderson 1 RRC: 06054	Basa Resources	RI	0.8854%	$4,475
Anderson W M #18 RRC: 160978	Diversified Production Llc	RI	0.8854%	$191
Bozman J H RRC: 159044	Merit Energy Corporation	RI	0.3906%	$528
Bumpus C RRC: 06014	Basa Resources	RI	0.2604%	$3,650
Bumpus John #1 RRC: 15707	Diversified Production Llc	RI	0.0200%	$82
Bumpus John Gu #1 RRC: 147448	Diversified Production Llc	RI	0.0200%	$0
Bumpus John Gu #3 RRC: 158413	Diversified Production Llc	RI	0.0200%	$10
Bumpus John Gu #5 RRC: 193393	Diversified Production Llc	RI	0.0200%	$10
Bumpus John Gu #6 RRC: 193394	Diversified Production Llc	RI	0.0200%	$0
Bumpus John Gu #7 RRC: 209591	Diversified Production Llc	RI	0.0200%	$0
Bumpus John Gu #8 RRC: 14529	Diversified Production Llc	RI	0.0200%	$19
Bumpus John Gu #9 RRC: 230842	Diversified Production Llc	RI	0.0200%	$0
Castleberry 1, 6, 8 RRC: 06077	Basa Resources	RI	0.2508%	$791
Castleberry P C RRC: 08115	Basa Resources	RI	1.5625%	$6,763
Castleberry P C Gu #1 RRC: 157830	Diversified Production Llc	RI	0.2508%	$24
Castleberry P C Gu #3 RRC: 200122	Diversified Production Llc	RI	0.2508%	$24
Castleberry P C Gu #4 RRC: 203029	Diversified Production Llc	RI	0.2508%	$205
Castleberry P C Gu #5 RRC: 207823	Diversified Production Llc	RI	0.2508%	$134
Christian J M -A- RRC: 07665	Basa Resources	RI	0.7813%	$999
Clemens-Castleberry #1h RRC: 292584	Dallas Production, Inc.	RI	0.0795%	$1,048
Cole M T RRC: 08294	Carpco Efficient Energy Co	RI	0.4395%	$0
Cole M T RRC: 08234	Linder, John Operating Co., Llc	RI	0.2930%	$1,303
Doby-Clemens (Alloc) #1h RRC: 282487	Dallas Production, Inc.	RI	0.0858%	$1,154
Fisher Caddie Gu #2 RRC: 215255	Diversified Production Llc	RI	0.3906%	$553
Fisher Gas Unit RRC: 157355	Basa Resources	RI	0.1605%	$0
Flewellen-Clemens (Alloc) #1 RRC: 282545	Dallas Production, Inc.	RI	0.1164%	$963
Fonville F M #2 (Oil) RRC: 11591	Faulconer Energy Llc	RI	0.0432%	$222
Foster H L -A- RRC: 06102	Basa Resources	RI	0.7813%	$0
Freeman Joe RRC: 08191	Basa Resources	RI	0.8203%	$0
Green RRC: 06369	Elms Oil Company	RI	0.3906%	$914
Griffin B RRC: 06370	Miken Oil, Inc.	RI	1.5625%	$0
Harris T B RRC: 06113	Proven Natural Resources Llc	RI	0.1953%	$264
Harris Tb #4 RRC: 15694	Diversified Production Llc	RI	0.1606%	$179
Harris T B & T D RRC: 06952	Basa Resources	RI	0.1953%	$674
Harris T B (Texaco) RRC: 07959	Bbhp Oilfield Services Llc	RI	0.1953%	$33
Harris T B Well #11 RRC: 244437	Diversified Production Llc	RI	0.1606%	$12
Harris T B Well #12 RRC: 240428	Diversified Production Llc	RI	0.1606%	$13
Harris T B Well #13 RRC: 231800	Diversified Production Llc	RI	0.1606%	$0
Harris T B Well #14 RRC: 244859	Diversified Production Llc	RI	0.1606%	$10
Harris T B Well #5 RRC: 148253	Diversified Production Llc	RI	0.1606%	$21
Harris T B Well #6 RRC: 177073	Diversified Production Llc	RI	0.1606%	$64
Harris T B Well #7 RRC: 175576	Diversified Production Llc	RI	0.1606%	$0
Harris T B Well #9 RRC: 185126	Diversified Production Llc	RI	0.1606%	$11
Harris T B Wells 2 & 10 RRC: 15244	Diversified Production Llc	RI	0.1953%	$1,848
Hawkins Creek Farm RRC: 08727	Bbhp Oilfield Services Llc	RI	0.0977%	$57
Hineman W J RRC: 06897	O.T. Oil	RI	1.0254%	$349
Hopkins Pet Gas Unit #1 RRC: 146415	Diversified Production Llc	RI	0.1446%	$35
Hopkins Pet Gas Unit #2 RRC: 178509	Diversified Production Llc	RI	0.1446%	$415
Hopkins Pet Gas Unit #3 RRC: 199604	Diversified Production Llc	RI	0.1446%	$1,269
Hopkins Pet Gas Unit #7 RRC: 199065	Diversified Production Llc	RI	0.1446%	$54
Hopkins Pet Gas Unit #8 RRC: 201144	Diversified Production Llc	RI	0.1446%	$104
Hopkins Pet Gas Unit #9 RRC: 211678	Diversified Production Llc	RI	0.1446%	$108
Ingram Laura #1 RRC: 15082	Diversified Production Llc	RI	0.3906%	$789
Ingram L C RRC: 08275	Basa Resources	RI	0.3907%	$3,331
Ingram L C RRC: 08303	Basa Resources	RI	0.3906%	$0
Ingram, L. C. RRC: 07549	Basa Resources	RI	0.3906%	$1,832
Jones Alfred RRC: 06428	Basa Resources	RI	0.3906%	$1,153
Kutch George Gu #2 RRC: 203487	Diversified Production Llc	RI	0.0614%	$0
Kutch George Gu #3 RRC: 212178	Diversified Production Llc	RI	0.0614%	$0
Lawson Mary RRC: 08045	Basa Resources	RI	0.5000%	$1,815
Lee RRC: 06383	Basa Resources	RI	0.1954%	$452
Lee T W RRC: 08306	Basa Resources	RI	0.1953%	$1,304
Moncrief Mattie RRC: 08049	Basa Resources	RI	0.1953%	$7,816
Moncrief Mattie #3 RRC: 278525	Diversified Production Llc	RI	0.1953%	$305
Moncrief Mattie #4 RRC: 222415	Diversified Production Llc	RI	0.1953%	$0
Orms L E RRC: 06393	Basa Resources	RI	0.0586%	$630
Pentecost William RRC: 08253	Basa Resources	RI	1.5625%	$27,981
Person J C #10 RRC: 234150	Diversified Production Llc	RI	0.0906%	$0
Person J C #1a RRC: 141720	Diversified Production Llc	RI	0.0906%	$0
Person J C #2 RRC: 152324	Diversified Production Llc	RI	0.0906%	$0
Person J C #3 RRC: 183167	Diversified Production Llc	RI	0.0906%	$10
Person J C #4 RRC: 184796	Diversified Production Llc	RI	0.0906%	$0
Person J C #5 RRC: 184376	Diversified Production Llc	RI	0.0906%	$32
Person J C #6 RRC: 186146	Diversified Production Llc	RI	0.0906%	$10
Person J C #7 RRC: 191314	Diversified Production Llc	RI	0.0906%	$0
Person J C #8 RRC: 193396	Diversified Production Llc	RI	0.0906%	$0
Person J C #9 RRC: 197072	Diversified Production Llc	RI	0.0906%	$120
Richey G W Gu #10 RRC: 178960	Diversified Production Llc	RI	0.0348%	$14
Richey G W Gu #11 RRC: 179124	Diversified Production Llc	RI	0.0348%	$37
Richey G W Gu #3 RRC: 165135	Diversified Production Llc	RI	0.0348%	$0
Richey G W Gu #4 RRC: 167000	Diversified Production Llc	RI	0.0348%	$0
Richey G W Gu #5 RRC: 167383	Diversified Production Llc	RI	0.0348%	$0
Richey G W Gu #6 RRC: 168371	Diversified Production Llc	RI	0.0348%	$27
Richey G W Gu #8 RRC: 209811	Diversified Production Llc	RI	0.0348%	$0
Richey G W Gu #9 RRC: 177738	Diversified Production Llc	RI	0.0348%	$20
Shiloh School Gu #1 RRC: 157969	Diversified Production Llc	RI	0.2771%	$209
Shiloh School Gu #2 RRC: 184454	Diversified Production Llc	RI	0.2771%	$0
Shiloh School Gu #3 RRC: 197071	Diversified Production Llc	RI	0.2771%	$613
Shiloh School Gu #4 RRC: 199485	Diversified Production Llc	RI	0.2771%	$353
Shiloh School Gu #5 RRC: 213419	Diversified Production Llc	RI	0.2771%	$0
Shiloh School Gu #6 RRC: 224651	Diversified Production Llc	RI	0.2771%	$19
Shoults E C RRC: 08260	Basa Resources	RI	0.3907%	$5,777
Shoults E C #1 RRC: 160319	Diversified Production Llc	RI	0.3907%	$0
Shoults E C #2 RRC: 197981	Diversified Production Llc	RI	0.3907%	$105
Stinchcomb T B RRC: 07996	Basa Resources	RI	0.7812%	$2,607
Tooke A #21 RRC: 14391	Elms Oil Company	RI	0.3823%	$0
Tooke Allen RRC: 06030	Basa Resources	RI	0.3825%	$2,253
Tooke Allen -A- RRC: 06750	Linder, John Operating Co., Llc	RI	0.3826%	$468

Showing 100 of 108 mineral interests. Contact us for complete property details.

Frequently Asked Questions

What mineral rights does Mcmahon Foundation The own in Gregg County?

Mcmahon Foundation The owns 108 mineral interest(s) in Gregg County, Texas, with a combined appraised value of $140,169. These interests include 0 working interest(s) and 108 royalty interest(s) across 103 lease(s).

How can I sell my Gregg County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Gregg County and throughout the East Texas Oil Field. We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Where is Gregg County, Texas?

Gregg County is in East Texas, with Longview as its county seat and Kilgore — once called the "World's Richest Acre" — within its borders. It sits atop the East Texas Oil Field, one of the largest oil fields ever discovered in the lower 48, found in 1930 and producing from the Woodbine sand for over 90 years.

How much are Gregg County mineral rights worth?

Mineral rights values in Gregg County vary based on factors including current production, lease terms, operator activity, and commodity prices. The East Texas Oil Field is a mature, long-lived field, so valuations typically reflect slow-decline legacy production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

What is the difference between working interest and royalty interest?

A royalty interest (RI) entitles the owner to a share of production revenue without paying for drilling or operating costs. A working interest (WI) participates in both the revenue and the costs of drilling and operating wells. Most mineral owners in Gregg County hold royalty interests.

About Gregg County & The East Texas Oil Field

Gregg County is in East Texas, with Longview as its county seat and Kilgore within its borders. It sits atop the East Texas Oil Field — one of the largest oil fields ever discovered in the lower 48 (1930), producing from the Woodbine sand.

The East Texas Oil Field has produced oil for over 90 years since its 1930 discovery. Production is mature and long-lived, with many wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Gregg County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the East Texas Oil Field and broader East Texas Basin.