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 ValuationTexas 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 you'll still owe federal tax and New York state tax).
When you sell your Texas minerals, you won't owe Texas any capital gains tax—only federal and New York state taxes apply. For New York City residents, this is especially relevant since you're already dealing with federal, state, AND city income taxes. At least Texas won't add another layer.
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
We'll research your Texas mineral rights and provide a written offer. No obligation, no cost.
Start Your Free ValuationOr call us at (817) 778-9532
#1 U.S. oil producer
#1 U.S. gas producer
254 counties
~160,000 active wells