FOR NEW YORK RESIDENTS
We help New York residents sell inherited Texas mineral rights in the Permian Basin, Eagle Ford, Haynesville, and other areas. Complete the sale without leaving New York.
Get Your Free Written OfferTexas is the top oil and gas producing state in the country, and millions of acres of mineral rights have passed through families for generations. If you're a New York resident who inherited Texas mineral rights—perhaps from grandparents who lived in West Texas or East Texas—you're managing one of the most valuable types of mineral ownership from nearly 2,000 miles away.
Many New York residents discover they own Texas minerals after inheriting from extended family. Managing these assets from Manhattan, Long Island, or elsewhere in New York presents unique challenges:
Understanding Texas-specific mineral laws from the East Coast
Dealing with multiple operators across different counties
Tracking production in the Permian vs Eagle Ford vs other basins
Time zone differences—Texas operators close when NY is still working
We buy minerals throughout Texas. The state's diverse geology means mineral values vary significantly by location:
America's most prolific oil basin spanning West Texas. Includes Midland Basin, Delaware Basin. Counties: Midland, Martin, Howard, Reeves, Loving, Ward, Ector, Andrews.
South Texas oil and gas play. Counties: Karnes, DeWitt, Gonzales, La Salle, Dimmit, Webb, McMullen, Live Oak, Atascosa.
East Texas natural gas play extending into Louisiana. Counties: Harrison, Panola, Shelby, Rusk, Nacogdoches.
North Texas gas play around Fort Worth. Counties: Tarrant, Johnson, Wise, Denton, Parker, Hood.
Texas leads the nation in oil production, accounting for roughly 40% of all U.S. crude oil output. The state's mineral rights can be particularly valuable because:
Proven reserves: Decades of production history prove the geology
Active development: Operators continue drilling new wells
Infrastructure: Pipelines, processing, and takeaway capacity
Favorable laws: Texas mineral laws protect mineral owner rights
Here's some good news for New York residents: Texas has no state income tax. This means while you're receiving royalties from Texas, you don't pay Texas income tax on them — though federal and New York tax treatment still varies by situation, so check with your CPA or tax attorney.
When you sell your Texas minerals, there is no Texas capital gains tax—though federal and New York tax treatment of the sale varies by situation. For New York City residents, this is especially relevant since you're already dealing with multiple layers of income tax. At least Texas won't add another—consult a CPA or tax attorney for the specifics.
Consult a tax professional for advice specific to your situation.
County, acreage, current production
Production data, geology, development potential
No travel to Texas 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
#1 U.S. oil producer
#1 U.S. gas producer
254 counties
~160,000 active wells
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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