(817) 778-9532

FOR ILLINOIS RESIDENTS

Own Mineral Rights in New Mexico?

We help Illinois residents sell mineral rights in the Delaware Basin and Permian Basin areas of New Mexico. Managing assets 1,400 miles away doesn't have to be complicated.

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New Mexico Minerals, Illinois Residence

New Mexico is one of the fastest-growing oil-producing states in the country, with the Delaware Basin portion of the Permian Basin driving tremendous activity. If you're an Illinois resident who inherited New Mexico mineral rights, you're managing valuable assets from nearly 1,500 miles away.

Many Illinois residents discover they own New Mexico minerals through inheritance or family investments in the Permian Basin dating back decades. The Delaware Basin has become one of the most active drilling regions in North America, making these minerals increasingly valuable—and increasingly complex to manage from Chicago or elsewhere in Illinois:

Understanding New Mexico mineral and pooling laws

Dealing with multiple operators in Lea and Eddy counties

Tracking production across different formations

Filing New Mexico income tax returns while paying Illinois taxes

Major New Mexico Producing Areas

We buy minerals throughout New Mexico. The state's oil and gas production is concentrated in specific areas:

Delaware Basin

The western portion of the Permian Basin, one of the most active drilling regions in North America. Counties: Lea, Eddy. Multiple pay zones: Wolfcamp, Bone Spring, Avalon.

Permian Basin (NM Portion)

Southeast New Mexico shares the prolific Permian Basin with West Texas. Same geology, same operators, same value potential.

San Juan Basin

Northwest New Mexico natural gas production. Counties: San Juan, Rio Arriba. Mature basin with legacy production.

Other Areas

Production also occurs in Chaves, Roosevelt, and other counties with varying levels of activity.

Managing New Mexico Minerals from Illinois

The producing areas of New Mexico (primarily Lea and Eddy counties in the southeast) are approximately 1,400 miles from Chicago. For Illinois residents, this distance creates real challenges in managing these assets effectively.

Many Illinois residents inherited New Mexico minerals from family members who invested in the Permian Basin during earlier drilling booms, or from relatives who worked in the oil fields or ranched in southeastern New Mexico. Converting these distant assets to cash eliminates the ongoing management burden and simplifies your financial life.

Whether your minerals are actively producing or sitting idle, we can evaluate them and provide a fair offer.

Selling New Mexico Minerals from Illinois

1
Tell Us About Your Minerals

County, section/township/range, production

2
We Research & Value

Production data, permits, formation analysis

3
Sign at IL Notary

No travel to New Mexico required

4
Receive Payment

Wire transfer or certified check

New Mexico-Specific Questions

The Delaware Basin is one of the most active and valuable drilling regions in North America. Minerals in Lea and Eddy counties can command premium prices due to the stacked pay potential (multiple productive formations), active operator development, and proven reserves. Values vary by specific location within the basin.
New Mexico taxes non-resident income from New Mexico sources, including mineral royalties. You likely need to file a New Mexico non-resident return each year you receive royalties. Illinois also taxes this income at its flat rate, but typically provides a credit for taxes paid to other states. When you sell, both states may tax the gain. Consult a tax professional for details.
New Mexico has significant federal land ownership, and some surface landowners receive royalties from federal minerals leased by the BLM. Private mineral ownership works differently. We purchase privately-owned (fee) mineral rights. If you're unsure whether your minerals are private or federal, we can help you determine ownership.
The San Juan Basin is a mature natural gas basin with declining production in many areas. Values are generally lower than the Delaware Basin, but minerals in productive areas still have value. We evaluate all New Mexico minerals and can tell you what your specific interest is worth.

Get a Free Valuation of Your New Mexico Minerals

We'll research your New Mexico mineral rights and provide a written offer. No obligation, no cost.

Start Your Free Valuation

Or call us at (817) 778-9532

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New Mexico Oil & Gas

#3 U.S. oil producer

Top 10 gas producer

33 counties

Delaware Basin hotspot

Distance

Chicago to Carlsbad, NM (Delaware Basin): ~1,400 miles. Managing minerals from this distance doesn't have to be complicated.

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