R2q Operating Llc

Total Interests

$1,235,266

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 20

Royalty Interests 0

Cumulative Production (Associated Leases)

Natural Gas: 5.86 MMCF

Oil: 3.18 MMBBL

Operators

R2q Operating Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Buie J D Heirs W#01 RRC: 158542	R2q Operating Llc	WI	73.0000%	$12,673
Buie J D Heirs W#02 RRC: 163005	R2q Operating Llc	WI	73.0000%	$12,673
Buie J D Heirs W#03 RRC: 167288	R2q Operating Llc	WI	73.0000%	$12,673
Buie J D Heirs W#04 RRC: 201644	R2q Operating Llc	WI	73.0000%	$12,663
Buie J D Heirs W#05 RRC: 190470	R2q Operating Llc	WI	73.0000%	$12,663
Buie J D Heirs W#07 RRC: 221557	R2q Operating Llc	WI	73.0000%	$12,663
Christian Arthur RRC: 06078	R2q Operating Llc	RI	1.0000%	$596
Christian Arthur RRC: 06078	R2q Operating Llc	WI	74.8750%	$16,235
Cole M T RRC: 06813	R2q Operating Llc	WI	83.5000%	$7,286
Cole M T -B- RRC: 07098	R2q Operating Llc	RI	1.0000%	$9,017
Cole M T -B- RRC: 07098	R2q Operating Llc	WI	73.5600%	$527,288
Flewellen J J RRC: 07261	R2q Operating Llc	RI	1.0000%	$670
Flewellen J J RRC: 07261	R2q Operating Llc	WI	83.5000%	$3,292
Foster H L RRC: 08127	R2q Operating Llc	RI	1.0000%	$6,967
Foster H L RRC: 08127	R2q Operating Llc	WI	85.2722%	$147,216
Horton Webb RRC: 08417	R2q Operating Llc	RI	1.0000%	$0
Horton Webb RRC: 08417	R2q Operating Llc	WI	85.5000%	$3,302
Hughey M B -D- RRC: 06119	R2q Operating Llc	RI	1.0000%	$0
Hughey M B -D- RRC: 06119	R2q Operating Llc	WI	73.1875%	$3,298
Hughey & Ross RRC: 07105	R2q Operating Llc	RI	1.0000%	$3,840
Hughey & Ross RRC: 07105	R2q Operating Llc	WI	85.5000%	$170,290
Mackey W C RRC: 06979	R2q Operating Llc	RI	1.0000%	$134
Mackey W C RRC: 06979	R2q Operating Llc	WI	83.5000%	$3,292
Milas B RRC: 08420	R2q Operating Llc	RI	1.0000%	$894
Milas B RRC: 08420	R2q Operating Llc	WI	85.5000%	$6,603
Money Allison RRC: 08208	R2q Operating Llc	RI	1.0000%	$3,242
Money Allison RRC: 08208	R2q Operating Llc	WI	83.5000%	$52,028
Snavely Heirs -A- RRC: 08312	R2q Operating Llc	RI	1.0000%	$595
Snavely Heirs -A- RRC: 08312	R2q Operating Llc	WI	78.0000%	$16,445
Snavely Heirs -B- RRC: 08313	R2q Operating Llc	RI	1.0000%	$5,343
Snavely Heirs -B- RRC: 08313	R2q Operating Llc	WI	78.0000%	$158,696
Whitehurst H F #1 RRC: 201626	R2q Operating Llc	WI	75.8125%	$12,689

Frequently Asked Questions

What mineral rights does R2q Operating Llc own in Gregg County?

R2q Operating Llc owns 32 mineral interest(s) in Gregg County, Texas, with a combined appraised value of $1,235,266. These interests include 20 working interest(s) and 0 royalty interest(s) across 20 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.