An owner's guide to mineral rights on the Laurel field — operated by Formentera Operations LLC in Jones County, Mississippi.
Quick answer
County: Jones County, Mississippi
Field: Laurel
Operator: Formentera Operations LLC
Field type: Mature waterflood
The Laurel field is one of the long-tenured oil-producing fields in Mississippi, with the long-tail production profile that characterizes mature Mississippi oil operations.
Formentera Operations LLC runs the Laurel field — one of the more recently established Mississippi operating positions. Formentera also operates the Davis field in Clarke County.
The field is mature waterflood; not on Jackson Dome CO2 supply.
The Mississippi field landscape is dominated by long-life waterflood and CO2 enhanced oil recovery (EOR) operations, with a substantial concentration of fields fed by the Denbury Jackson Dome CO2 supply system. Jones County is one of the more active producing counties in the state. For statewide aggregate drilling activity, see the Mississippi Drilling Activity Report.
Mineral interests on the Laurel field typically take one of these forms:
Producing royalty interest — your tract's contribution to the field's monthly revenue, paid by the operator
Non-producing mineral interest — fee mineral ownership in a tract currently outside active producing zones
Overriding royalty interest (ORRI) — a royalty carved out of a working interest
Non-participating royalty interest (NPRI) — a royalty interest with no leasing or development rights
Many Laurel field interests are inherited multiple generations deep, with original lease bonus paid in the 1940s-1960s era. Current Mississippi mineral owners frequently include heirs spread across multiple states.
Direct buyers value Laurel field mineral interests using a discounted cash flow approach with these key inputs:
Decline rate — slow, typical of long-life Mississippi waterflood / EOR fields
Remaining reserve life — long on actively-maintained EOR units
Operator quality — long-tenured Mississippi EOR operators typically deliver predictable production
CO2 supply constraint — for Jackson Dome-supplied CO2 floods, operator-side CO2 supply is the binding constraint on EOR economics; this affects long-term reserve life projections
Discount rate — market-based, reflecting stable Mississippi unitized cash flows
Buckhead Energy buys mineral rights and royalty interests on the Laurel field. Out-of-state owners are common — many interests are inherited multiple generations deep. We handle the entire process remotely: free written offer by email, deed signed before a notary in your state, recorded with the Jones County clerk, and payment typically made by check after the deed is recorded.
Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
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Sell My Mineral RightsBuckhead 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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