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.

Permian Resources: Mineral Owner's Guide

Company Overview

Headquarters: Midland, Texas

Stock Ticker: NYSE: PR

Company Type: Independent E&P (Delaware Pure-Play)

Primary Basin: Delaware Basin only

Formed: 2022 (Centennial-Colgate merger)

Status: Leading Delaware Basin operator

Permian Resources is one of the largest pure-play Delaware Basin operators, formed through the 2022 merger of Centennial Resource Development and Colgate Energy. The company focuses exclusively on developing the oil-rich Wolfcamp and Bone Spring formations in the Delaware Basin.

Headquartered in Midland, Texas, Permian Resources maintains a strong local presence in the heart of the Permian Basin. Their pure-play Delaware focus means all resources and expertise are concentrated on one of America's most prolific oil-producing areas.

Centennial-Colgate Merger (2022)

Permian Resources was created through the merger of Centennial Resource Development and Colgate Energy in 2022. If you previously received royalties from either company, your payments now come from Permian Resources. Your lease terms remain unchanged, though you may have a new owner number.

Primary Operating Areas

Delaware Basin (Texas & New Mexico)

Permian Resources operates exclusively in the Delaware Basin. Key counties include:

Reeves County, TX - Core Delaware operations

Pecos County, TX - Western Delaware Basin

Ward County, TX - Delaware Basin

Loving County, TX - Northern Delaware

Lea County, NM - New Mexico Delaware

Eddy County, NM - New Mexico operations

The company targets multiple stacked pay zones including the Wolfcamp A, B, and C benches, as well as the Bone Spring formations.

What Mineral Owners Should Know

Advantages

Delaware focus: 100% dedicated to Delaware Basin development

Midland headquarters: Local presence and expertise

Active drilling: Consistent development programs

Multi-zone development: Targeting multiple pay zones per location

Considerations

Merger transition: Former Centennial/Colgate owners may have experienced changes

Relatively new company: Systems still being standardized

Single basin: Concentrated geographic exposure

Owner Relations Contact

Phone: 1-432-221-7530

Location: Midland, Texas

Mail: Permian Resources Corporation, 300 N. Marienfeld St., Suite 1000, Midland, TX 79701

Frequently Asked Questions

Permian Resources is a Delaware Basin-focused oil and gas company formed through the 2022 merger of Centennial Resource Development and Colgate Energy. They are one of the largest pure-play Delaware Basin operators.

Centennial Resource Development and Colgate Energy merged to form Permian Resources in 2022. If you received royalties from either company, your payments now come from Permian Resources. Your lease terms remain unchanged.

Permian Resources operates exclusively in the Delaware Basin portion of the Permian Basin, primarily in Reeves, Pecos, Ward, and Loving counties in West Texas, and Lea and Eddy counties in New Mexico.

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

Delaware Basin Mineral Rights

Reeves County Mineral Rights

Diamondback Energy Guide

Devon Energy Guide

Dealing with Oil & Gas Operators

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