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Phillips Paul Ernest

Trust Wills Point, TX 24 Mineral Interests
24
Total Interests
$220
Appraised Value
6
Operators
23
Leases

Interest Type Breakdown

Working Interests 0
Royalty Interests 24

Cumulative Production (Associated Leases)

Natural Gas: 31.53 MMCF

Oil: 305.60 MBBL

Operators

Basa Resources Linder, John Operating Co., Llc Faulconer Energy Llc Diversified Production Llc Petralis Energy Resources Llc Merit Energy Corporation

Mineral Interests Detail

Lease Name Operator Type Interest Value
Clements E W
RRC: 06933
Basa Resources RI 0.0364% $14
Clements E W
RRC: 07801
Linder, John Operating Co., Llc RI 0.0364% $96
Gladewater G U #17
RRC: 111677
Faulconer Energy Llc RI 0.0028% $0
Gladewater Gu #17 Well #10
RRC: 196568
Diversified Production Llc RI 0.0028% $0
Gladewater Gu #17 Well #11
RRC: 201574
Diversified Production Llc RI 0.0028% $10
Gladewater Gu #17 Well #12
RRC: 200754
Diversified Production Llc RI 0.0028% $10
Gladewater Gu #17 Well #13
RRC: 206652
Diversified Production Llc RI 0.0028% $0
Gladewater Gu #17 Well #14
RRC: 198903
Diversified Production Llc RI 0.0028% $0
Gladewater Gu #17 Well #15
RRC: 224652
Diversified Production Llc RI 0.0028% $10
Gladewater Gu #17 Well #21
RRC: 240445
Diversified Production Llc RI 0.0028% $0
Gladewater Gu #17 Well #3
RRC: 170450
Diversified Production Llc RI 0.0028% $10
Gladewater Gu #17 Well #7
RRC: 195610
Diversified Production Llc RI 0.0028% $10
Gladewater Gu #17 Well #8
RRC: 197070
Diversified Production Llc RI 0.0028% $10
Gladewater Unit #01 W#03
RRC: 168474
Petralis Energy Resources Llc RI 0.0001% $10
Richey G W Gu #10
RRC: 178960
Diversified Production Llc RI 0.0027% $10
Richey G W Gu #11
RRC: 179124
Diversified Production Llc RI 0.0027% $10
Richey G W Gu #3
RRC: 165135
Diversified Production Llc RI 0.0027% $0
Richey G W Gu #4
RRC: 167000
Diversified Production Llc RI 0.0027% $0
Richey G W Gu #5
RRC: 167383
Diversified Production Llc RI 0.0027% $0
Richey G W Gu #6
RRC: 168371
Diversified Production Llc RI 0.0027% $10
Richey G W Gu #8
RRC: 209811
Diversified Production Llc RI 0.0027% $0
Richey G W Gu #9
RRC: 177738
Diversified Production Llc RI 0.0027% $10
White Frank Gu W#01
RRC: 156322
Merit Energy Corporation RI 0.0040% $0
White Frank Gu W#02
RRC: 225886
Diversified Production Llc RI 0.0039% $0

Frequently Asked Questions

What mineral rights does Phillips Paul Ernest own in Gregg County?

How can I sell my Gregg County mineral rights?

Where is Gregg County, Texas?

How much are Gregg County mineral rights worth?

What is the difference between working interest and royalty interest?

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.

Quick Summary

Owner: Phillips Paul Ernest

Type: Trust

Interests: 24

Value: $220

County: Gregg, TX

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Public Data: This information is from publicly available county appraisal records. To request removal, email [email protected].

Key Takeaways

  • Phillips Paul Ernest owns 24 mineral interests in Gregg County, TX. View East Texas Oil Field holdings and production data.
  • Buckhead Energy is a direct buy-side firm; sellers pay no broker commissions, listing fees, or auction premiums.

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