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Gray County Mineral Rights

Buckhead Energy buys Gray County, Texas mineral rights and royalties.

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Mineral and royalty interests across Gray County.

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Gray County drilling right now — Buckhead Energy analysis of public oil and gas data, as of 2026-11-04:

10,438
Wells on record
6,712
Wells that have produced
Bcemach Iii LLC
Most wells on record

Buckhead county metrics

Figures for Gray County, Texas. Source: Buckhead Energy analysis of public oil and gas data. A figure based on fewer than 3 wells is withheld.

Gross production value by year

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.

YearOilGasTotal
2025$47,000,000$22,000,000$69,000,000
2024$61,000,000$14,000,000$75,000,000
2023$66,000,000$17,000,000$84,000,000

Monthly production for Gray County, Texas

This page covers Gray County. For the statewide guide — every county, live drilling data, and how selling works across the state — see Texas Mineral Rights.

Own a royalty rather than the minerals themselves? See selling oil & gas royalties in Texas — severance tax, property-tax treatment, and whether a dormancy statute applies.

Wind in Gray County: Wind Royalties and Lease Payments in Gray County

Quick answer — Does Buckhead Energy buy mineral rights in Gray County, Texas?

Buckhead Energy buys mineral rights in Gray County, Texas — free, no-obligation written offers to owners and heirs, with no broker commissions and buyer-paid closing (typically 30–45 days). As of 2026-11-04, Gray County has 0 recent drilling permits and 6,712 wells that have produced, and Bcemach Iii LLC operates the most wells on record there. Whether to sell, lease, or hold depends on your specific tract, decimal interest, and current production — a written offer shows what your interest is worth today.

About Gray County

Gray County, anchored by the city of Pampa, is a Texas Panhandle producing county with active Cleveland Sand, Granite Wash, and Tonkawa development alongside legacy oil and gas production dating to the 1920s. The county has a long operator history and supports both modern horizontal and vertical-era production.

Cities and communities: Pampa, McLean, Lefors.

Quick Facts

Gray County, Texas

Pampa (county seat)

4 producing formations

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Gray County minerals.

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Producing Formations in Gray County

Cleveland Sand

Depth: Pennsylvanian

Active modern target

Granite Wash

Depth: Pennsylvanian

Adjacent horizontal trend

Tonkawa

Depth: Pennsylvanian

Oil-prone

Hugoton & shallow Permian

Depth: shallow

Long-life gas

Active Gray County Operators

Gray County's operator base includes both mid-cap public producers and a deep bench of private independents.

What This Means for Mineral Owners

Pampa-area mineral interests often combine legacy 1920s–1930s leases with modern horizontal pooling and unitization.

Mineral Rights Resources for Gray County Owners



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Other Texas Counties

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Operators with wells in Gray County

See any operator's well footprint in Gray County — wells operated, wells that have produced, and what it means if you own minerals under their wells.

Bcemach Iii LLC (1,188 wells) Large Operating LLC (782 wells) M5oexit LLC (312 wells) Exxcel Production Company (190 wells) Pantera Energy Company (175 wells) Diamond S Energy Company (161 wells) Blacks Oil & Gas (116 wells) Chevron (93 wells)

Key Takeaways

  • Gray County, Texas has oil and gas wells on record that have produced.
  • Producing formations include Cleveland Sand, Granite Wash, Tonkawa, Hugoton & shallow Permian.
  • Population centers include Pampa, McLean, Lefors.
  • Buckhead Energy buys mineral and royalty interests in Gray County.

Sell your Gray County mineral rights — request an offer →

Oil & gas fields in Gray County

Gray County, Texas includes 4 named oil & gas fields we buy in — each with well counts, active operators, and how to sell an interest there.

Panhandle — Gray County Field · Panhandle — Carson County Field · East Panhandle Field · Panhandle — Wheeler County Field · all Texas fields →

Ready to Sell Your Mineral Rights?

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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