FOR ILLINOIS RESIDENTS
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.
Get Your Free Written OfferNew 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
We buy minerals throughout New Mexico. The state's oil and gas production is concentrated in specific areas:
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.
Southeast New Mexico shares the prolific Permian Basin with West Texas. Same geology, same operators, same value potential.
Northwest New Mexico natural gas production. Counties: San Juan, Rio Arriba. Mature basin with legacy production.
Production also occurs in Chaves, Roosevelt, and other counties with varying levels of activity.
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.
County, section/township/range, production
Production data, permits, formation analysis
No travel to New Mexico required
Wire transfer or certified check
Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
Get Your Free Written OfferOr call us at (817) 778-9532
#3 U.S. oil producer
Top 10 gas producer
33 counties
Delaware Basin hotspot
Chicago to Carlsbad, NM (Delaware Basin): ~1,400 miles. Managing minerals from this distance doesn't have to be complicated.
Buckhead Energy buys mineral and royalty interests across all 50 states and has completed acquisitions in 33 states. Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead Energy has been buying mineral and royalty interests since 2006. Buckhead Energy holds an A+ rating with the Better Business Bureau.
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