Buckhead Energy buys Lea County, New Mexico mineral rights and royalties.
Lea County drilling right now — Buckhead Energy analysis of public oil and gas data, as of 2026-10-26:
Figures for Lea County, New Mexico. Source: Buckhead Energy analysis of public oil and gas data. A figure based on fewer than 3 wells is withheld.
100 means flat. The score multiplies two ratios: drilling permits in the last 12 months against the 12 months before, and oil-equivalent production (BOE, 6 mcf = 1 bbl) in the latest 12 reported months against the 12 before.
Permits: 1,654 in the last 12 months vs 3,032 in the prior 12 (×0.55)
Production: 12 months through 2026-07 vs the 12 months before (×1.01)
Oil valued at the EIA WTI Cushing monthly average price; gas at the EIA Henry Hub monthly average × 1.037 MMBtu per mcf. This is historical gross value at benchmark prices, before price differentials, deductions, and taxes — not an estimate of any owner's income or a valuation.
| Year | Oil | Gas | Total |
|---|---|---|---|
| 2025 | $28,000,000,000 | $5,700,000,000 | $34,000,000,000 |
| 2024 | $33,000,000,000 | $3,200,000,000 | $36,000,000,000 |
| 2023 | $31,000,000,000 | $3,200,000,000 | $34,000,000,000 |
Median permit to spud: 68 days (2,214 wells)
Median spud to first production: 162 days (1,803 wells)
Drilled, not yet producing: 891 wells spudded in the last three years with no first production reported; median 212 days since spud
This page covers Lea County. For the statewide guide — every county, live drilling data, and how selling works across the state — see New Mexico Mineral Rights.
Own a royalty rather than the minerals themselves? See selling oil & gas royalties in New Mexico — severance tax, property-tax treatment, and whether a dormancy statute applies.
Quick answer — Does Buckhead Energy buy mineral rights in Lea County, New Mexico?
Lea County, New Mexico — anchored by Hobbs, Lovington, Eunice, and Jal — is one of the top oil-producing counties in the country, spanning the New Mexico Delaware Basin and the Northwest Shelf.
Lea County has produced since the 1920s–30s (Hobbs field), and horizontal Delaware and Northwest Shelf development has made it a leading New Mexico oil county.
Cities and communities: Hobbs, Lovington, Eunice, Jal.
Lea County, New Mexico
Hobbs (county seat)
3 producing formations
Depth: ~8,000–11,500 ft
Stacked Bone Spring sands across the Delaware
Depth: ~9,500–12,500 ft
Core Delaware Wolfcamp pay
Depth: shallower (east)
Legacy and ongoing San Andres/Yeso production
Lea County is developed by major Delaware Basin operators along with established Northwest Shelf producers.
Lea County blends premier Delaware horizontal pay with long-life shelf production; New Mexico state and federal land complicates some chains, so verifying interest is key to value.
Complete the form for a written offer on your Lea County mineral or royalty interests.
See any operator's well footprint in Lea County — wells operated, wells that have produced, and what it means if you own minerals under their wells.
Who operates the most wells in the Permian Basin? See the top operators in the Permian Basin by well count → — a monthly-updated leaderboard — Buckhead Energy analysis of public oil and gas data.
Lea County, New Mexico includes 67 named oil & gas fields we buy in — each with well counts, active operators, and how to sell an interest there.
Vacuum Field · Maljamar Field · Grayburg-Jackson Field · Langlie-Mattix Field · Jalmat Field · Eumont Field · Red Hills Field · Eunice Field · Eunice-Monument Field · Hobbs Field · Caprock Field · Shugart Field · Penrose Skelly Field · Chaveroo Field · Lovington Field · Sand Dunes Field · Antelope Ridge Field · Triple X Field · Lusk Field · Bobcat Draw Field · Red Tank Field · Pearl Field · Fren Field · Justis Field · Ojo Chiso Field · Wantz Field · Young Field · Livingston Ridge Field · Scharb Field · Teas Field · Triste Draw Field · Vada Field · Corbin Field · Cotton Draw Field · Grama Ridge Field · Bagley Field · Warren Field · Tonto Field · Sanders Tank Field · Bell Lake Field · Paduca Field · Denton Field · Monument Field · Arrowhead Field · Saunders Field · Bilbrey Basin Field · Mesa Verde Field · Hardy Field · Skaggs Field · Allison Field · Berry Field · Bradley Field · Jabalina Field · Milnesand Field · Brunson Field · Lost Tank Field · Townsend Field · Flying M Field · Jal Field · Diamond Tail Field · Quail Ridge Field · Mason Field · House Field · Brinninstool Field · Morton Field · Airstrip Field · Bronco Field · all New Mexico fields →
Everything you need to value your minerals, understand your options, and sell with confidence.
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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