An owner's guide to mineral rights on the Reedy Creek field — operated by Venture Oil & Gas in Jones County, Mississippi.
Quick answer
County: Jones County, Mississippi
Field: Reedy Creek
Operator: Venture Oil & Gas
Old wells: 13
Oldest spud: 1968 (58+ years of production)
Recent monthly oil production: 3,977 bbl (January 2026)
The Reedy Creek field is one of the long-tenured oil-producing fields in Mississippi. With 13 historic wells, an oldest spud date of 1968, and recent monthly production of 3,977 barrels of oil (January 2026), the field demonstrates the long-tail production profile that characterizes mature Mississippi oil operations.
Venture Oil & Gas operates the Reedy Creek field. Venture also operates the Glazier field in Perry County.
The field is long-life Mississippi mature-field operation.
Mississippi's top 20 producing units (by recent monthly oil production) collectively produce approximately 237,000 barrels per month — about one-third the size of Texas's top 20 units. The Mississippi field landscape is dominated by long-life waterflood and CO2 enhanced oil recovery (EOR) operations, with a substantial concentration of fields fed by the Denbury Jackson Dome CO2 supply system. Jones County is one of the more active producing counties in the state.
Mineral interests on the Reedy Creek field typically take one of these forms:
Producing royalty interest — your tract's contribution to the field's monthly revenue, paid by the operator
Non-producing mineral interest — fee mineral ownership in a tract currently outside active producing zones
Overriding royalty interest (ORRI) — a royalty carved out of a working interest
Non-participating royalty interest (NPRI) — a royalty interest with no leasing or development rights
Many Reedy Creek field interests are inherited multiple generations deep, with original lease bonus paid in the 1940s-1960s era. Current Mississippi mineral owners frequently include heirs spread across multiple states.
Direct buyers value Reedy Creek field mineral interests using a discounted cash flow approach with these key inputs:
Decline rate — slow, typical of long-life Mississippi waterflood / EOR fields
Remaining reserve life — long on actively-maintained EOR units
Operator quality — long-tenured Mississippi EOR operators typically deliver predictable production
CO2 supply constraint — for Jackson Dome-supplied CO2 floods, operator-side CO2 supply is the binding constraint on EOR economics; this affects long-term reserve life projections
Discount rate — market-based, reflecting stable Mississippi unitized cash flows
Buckhead Energy buys mineral rights and royalty interests on the Reedy Creek field. Out-of-state owners are common — many interests are inherited multiple generations deep. We handle the entire process remotely: free written offer by email, deed signed before a notary in your state, recorded with the Jones County clerk, and proceeds paid by check or wire once the deed is recorded.
Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
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Sell My Mineral RightsBuckhead 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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