Midwest Resources 2001-1 Oil & Gas Income Lp

Total Interests

$54,002

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 1

Cumulative Production (Associated Leases)

Natural Gas: 12.31 MMCF

Oil: 26.39 MMBBL

Operators

Basa Resources Elms Oil Company Bbhp Oilfield Services Llc Diversified Production Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Adrian & Mccrary RRC: 07484	Basa Resources	RI	0.4000%	$899
Akin J W -B- RRC: 06772	Basa Resources	RI	0.4000%	$0
Akin J W -C- RRC: 06773	Basa Resources	RI	0.4000%	$0
Albright, Oliver J. RRC: 07486	Basa Resources	RI	0.3000%	$4,222
Bingham Laura RRC: 07142	Basa Resources	RI	0.1833%	$1,519
Bouknight W A RRC: 07496	Basa Resources	RI	0.4000%	$4,797
Bumpus Estate RRC: 06735	Basa Resources	RI	0.3210%	$0
Bumpus J C Estate RRC: 07497	Basa Resources	RI	0.2000%	$236
Cox & Harmon RRC: 07516	Basa Resources	RI	0.4000%	$1,386
Custer M M RRC: 07518	Basa Resources	RI	0.4000%	$0
Doby, J. B. -A- RRC: 07525	Basa Resources	RI	0.3999%	$0
Doby J B -B- RRC: 07060	Elms Oil Company	RI	0.4000%	$845
Doby J B Tr #1 B RRC: 07526	Basa Resources	RI	0.4000%	$0
Fisher-Mcbee RRC: 06575	Basa Resources	RI	0.3250%	$2,097
Hawkins Creek Farm RRC: 08727	Bbhp Oilfield Services Llc	RI	0.2000%	$117
Hopkins J Thomas #3 RRC: 07545	Basa Resources	RI	0.2150%	$267
Hopkins Pet RRC: 07546	Basa Resources	RI	0.4000%	$2,261
Hopkins Pet Gas Unit #4 RRC: 192448	Diversified Production Llc	RI	0.4000%	$1,177
Ingram, L. C. RRC: 07549	Basa Resources	RI	0.3999%	$1,876
Jones Beulah -B- RRC: 07553	Basa Resources	RI	0.3000%	$721
Key, Hobart RRC: 07558	Basa Resources	RI	0.4000%	$1,598
Lathrop F K -B A/C A- RRC: 07563	Basa Resources	RI	0.4000%	$1,205
Lathrop F K -B- R/Ab RRC: 07564	Basa Resources	RI	0.4000%	$806
Lemaire Mattie -A- RRC: 07567	Basa Resources	RI	0.4000%	$1,490
Orms L E RRC: 07588	Basa Resources	RI	0.4000%	$5,056
Persons, J. C. RRC: 07589	Basa Resources	RI	0.3000%	$8,039
Rodden Bun E #12 RRC: 07602	Basa Resources	RI	0.4000%	$390
Skipper-Garner RRC: 07612	Basa Resources	RI	0.4000%	$0
Smith Fannie Estate RRC: 07613	Basa Resources	RI	0.4000%	$1,049
Smith S G RRC: 07617	Basa Resources	RI	0.2150%	$0
Smith S G & Maude -A- RRC: 07614	Basa Resources	RI	0.4000%	$797
Smith S G & Maude -B- RRC: 07615	Basa Resources	RI	0.4000%	$3,473
Smith S G & Maude -C- RRC: 07616	Basa Resources	RI	0.4000%	$1,457
Spurrier John RRC: 07624	Basa Resources	RI	0.4000%	$1,052
Taylor C L RRC: 07628	Basa Resources	RI	0.4000%	$457
Todd B C RRC: 07630	Basa Resources	RI	0.4000%	$42
Todd (H Stephenns 5), B.C. RRC: 15335	Diversified Production Llc	RI	0.4000%	$2,005
Whatley E M R/A -A- RRC: 07637	Basa Resources	RI	0.4000%	$2,666
Whatley E M R/A -B- RRC: 07638	Basa Resources	RI	0.4000%	$0

Frequently Asked Questions

What mineral rights does Midwest Resources 2001-1 Oil & Gas Income Lp own in Gregg County?

Midwest Resources 2001-1 Oil & Gas Income Lp owns 39 mineral interest(s) in Gregg County, Texas, with a combined appraised value of $54,002. These interests include 0 working interest(s) and 1 royalty interest(s) across 39 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.