How much are my mineral rights worth?

The value of mineral rights depends on several factors including location, production history, proven reserves, current market prices, and lease terms. Our experienced team provides free mineral rights appraisal using industry-leading valuation methods. Factors we consider include nearby well production, geological surveys, and current commodity prices.

How do I sell my mineral rights?

Selling mineral rights involves several steps: 1) Contact a reputable mineral rights buyer, 2) Review your deed and title, 3) Receive a transparent valuation explaining the offer, 4) Negotiate terms and closing timeline, 5) Complete title work and documentation, 6) Close the transaction. Buckhead Energy streamlines this process with quick closings and competitive offers.

What is the best company to sell mineral rights to?

The best mineral buying company offers fair market value, transparent pricing, quick closings, and professional service. Look for companies with proven track records, positive landowner reviews, and expertise in your specific basin or region. Buckhead Energy has been acquiring mineral rights since 2007, with successful transactions across 33 states.

Should I sell or lease my mineral rights?

The decision to sell or lease mineral rights depends on your financial goals, risk tolerance, and market conditions. Selling provides immediate cash with no ongoing management, while leasing offers potential long-term income but requires active management. Consider factors like current commodity prices, development potential, tax implications, and your need for immediate capital.

What are mineral rights?

Mineral rights are the legal rights to extract and profit from minerals beneath the surface of land, including oil, natural gas, coal, and other valuable substances. These rights can be owned separately from surface rights. Mineral rights ownership entitles you to lease payments, royalties from production, and the right to sell these assets.

How long does it take to sell mineral rights?

The timeline to sell mineral rights typically ranges from 30-90 days, depending on title complexity and documentation requirements. At Buckhead Energy, we streamline the process: initial evaluation and offer within 7-14 days, title review 2-4 weeks, and closing within 30-45 days of accepted offer.

Devon Energy: Mineral Owner's Guide

Company Overview

Headquarters: Oklahoma City, Oklahoma

Stock Ticker: NYSE: DVN

Company Type: Independent E&P

Primary Basins: Delaware Basin, SCOOP/STACK, Bakken, Eagle Ford

Status: Multi-basin U.S. operator

Founded: 1971

Devon Energy is one of the leading independent oil and gas producers in the United States, headquartered in Oklahoma City. The company has a long history of operating in Oklahoma and expanded significantly through its 2021 merger with WPX Energy.

Devon is known for its multi-basin approach, operating across four major U.S. producing regions. This diversification provides operational flexibility and exposure to different commodity mixes across oil-weighted and gas-weighted plays.

WPX Energy Merger (2021)

Devon merged with WPX Energy in 2021, significantly expanding their Delaware Basin position. If you previously received royalties from WPX, your payments now come from Devon Energy. Your lease terms remain unchanged.

Primary Operating Areas

Delaware Basin (Texas & New Mexico)

Devon's largest operating area, enhanced by the WPX merger. Key counties include:

Lea County, NM - Core Delaware Basin

Eddy County, NM - Delaware operations

Loving County, TX - Wolfcamp/Bone Spring

Reeves County, TX - Delaware Basin

SCOOP & STACK (Oklahoma)

Devon's legacy Oklahoma operations in the Anadarko Basin. Key counties include Canadian, Kingfisher, Grady, and Blaine counties.

Williston Basin (North Dakota)

Devon operates in the Bakken and Three Forks formations, primarily in McKenzie and Williams counties.

Eagle Ford (South Texas)

Devon maintains Eagle Ford operations in DeWitt and Lavaca counties, producing light oil from horizontal wells.

What Mineral Owners Should Know

Advantages

DevonConnect portal: Excellent online access to statements and account management

Oklahoma headquarters: Accessible to mineral owners in major producing states

Multi-basin expertise: Experience across diverse operating environments

Strong dividend: Focus on returning capital to shareholders

Considerations

Post-merger integration: WPX owners may have experienced transitions

Portfolio changes: Devon has divested some assets over time

Large organization: Corporate processes can take time

Owner Relations Contact

Phone: 1-800-879-4113

Online Portal: DevonConnect at devonconnect.com

Mail: Devon Energy Corporation, Owner Relations, P.O. Box 1400, Oklahoma City, OK 73101

Frequently Asked Questions

Devon's owner relations department can be reached at 1-800-879-4113. You can also access your account through DevonConnect at devonconnect.com.

Devon Energy merged with WPX Energy in 2021. If you received royalty payments from WPX, your payments now come from Devon Energy. Your lease terms remain unchanged.

Devon operates primarily in the Delaware Basin (Permian), SCOOP and STACK plays in Oklahoma's Anadarko Basin, the Williston Basin (Bakken), and the Eagle Ford Shale in South Texas.

Considering Selling Your Minerals?

Get a free, no-obligation valuation of your mineral rights from our experienced team.

Request Your Free Valuation

Related Resources

Top Oil & Gas Operators Guide

SCOOP STACK Mineral Rights

Delaware Basin Mineral Rights

Dealing with Oil & Gas Operators

Diamondback Energy Guide

Continental Resources Guide

Disclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Devon Energy. Contact information and company details may change.