Buckhead Energy buys Gregg County, Texas mineral rights and royalties.
Gregg County drilling right now — Buckhead Energy analysis of public oil and gas data, as of 2026-11-04:
Figures for Gregg County, Texas. Source: Buckhead Energy analysis of public oil and gas data. A figure based on fewer than 3 wells is withheld.
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 | $88,000,000 | $65,000,000 | $150,000,000 |
| 2024 | $100,000,000 | $45,000,000 | $150,000,000 |
| 2023 | $99,000,000 | $45,000,000 | $140,000,000 |
Median permit to spud: 116 days (6 wells)
Drilled, not yet producing: 5 wells spudded in the last three years with no first production reported; median 158 days since spud
This page covers Gregg 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.
Quick answer — Does Buckhead Energy buy mineral rights in Gregg County, Texas?
Gregg County, anchored by the city of Longview, is at the heart of the historic East Texas Oilfield and the modern Cotton Valley / Travis Peak gas corridor. Active 2026 drilling continues across the county from operators including RFE Operating, Sabine Oil & Gas, Faulconer Energy, and others, layered on top of nearly a century of legacy Woodbine oil production.
The East Texas Oilfield was discovered in 1930 by Columbus Marion 'Dad' Joiner, with the Daisy Bradford #3 well near the Rusk-Gregg county line. Gregg County quickly became the operational hub of the boom, with Longview's commercial infrastructure built around the field.
Cities and communities: Longview, Kilgore, Gladewater, White Oak.
Gregg County, Texas
Longview (county seat)
6 producing formations
Depth: ~3,500 ft
Primary East Texas Oilfield reservoir; cumulative 5.4+ Bbbl produced
Depth: Lower Cretaceous
Carbonate intervals above the Travis Peak
Depth: 8,000–10,000 ft
Active 2026 gas drilling
Depth: 10,000–12,000 ft
Active gas drilling and refrac
Depth: deep Jurassic
Deep dry gas potential
Depth: Jurassic
Underlying carbonate
2026 active operators in Gregg County include RFE Operating, Sabine Oil & Gas, Faulconer Energy, Valence Operating, Mud Creek, Sheridan Production III, and a deep bench of small private and family-owned independents drilling 11,000–12,000 foot Cotton Valley and Travis Peak wells.
Gregg County mineral interests routinely have produced from multiple zones across multiple operators over nearly a century. Heirship fractionation across 90+ years of family ownership is common.
Complete the form for a written offer on your Gregg County mineral or royalty interests.
See any operator's well footprint in Gregg 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 East Texas Basin? See the top operators in the East Texas Basin by well count → — a monthly-updated leaderboard — Buckhead Energy analysis of public oil and gas data.
Gregg County, Texas includes 7 named oil & gas fields we buy in — each with well counts, active operators, and how to sell an interest there.
East Texas Field · Oak Hill Field · Minden Field · Willow Springs Field · Danville Field · Glenwood Field · Lansing North Field · all Texas 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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