Quick answer
Location: West Texas, Delaware Basin
County Seat: Pecos, Texas
Key Formations: Wolfcamp, Bone Spring, Avalon
Development Status: Active multi-year drilling programs
Reeves County's formations are stacked, so operators can target several zones from the same acreage.
| Formation | Characteristics | Status |
|---|---|---|
| Wolfcamp A | Upper bench | Active |
| Wolfcamp B | Primary target, thick pay zone | Active |
| Wolfcamp C | Developing target | Active |
| Wolfcamp D | Deepest bench, expanding activity | Developing |
| Bone Spring | Oil-rich, multiple benches | Active |
| Avalon Shale | Upper Bone Spring equivalent | Active |
Reeves County owners may receive royalties from multiple wells targeting different formations, all from the same surface acreage.
Apache (APA Corp): Extensive acreage, continuous drilling
Centennial Resource: Large Delaware position
Cimarex Energy: Multi-year development program
ConocoPhillips: Former Concho acreage
Chevron: Major Delaware operator
Oxy: Significant Reeves County holdings
Multiple rigs running continuously
Long-lateral horizontal wells (2-3 miles)
Multi-well pad development
Active infrastructure investment
Common reasons owners sell include:
Immediate Liquidity: Convert future royalties to cash now
Estate Simplification: Clean up holdings for heirs
Risk Reduction: Eliminate commodity price exposure
Diversification: Reduce concentration in one asset class
Buckhead makes a fair, competitive offer to purchase mineral and royalty interests directly from owners.
Buckhead provides a free written offer.
Closings typically take 30–45 days, subject to title review and clearance.
Request a free written offer.
Request Your Free OfferBuckhead provides a free written offer. Closings typically take 30–45 days, subject to title review and clearance.
Disclaimer: This information is for educational purposes only and does not constitute legal, financial, or tax advice. Mineral rights values vary based on specific property characteristics, location, production status, and market conditions. Consult qualified professionals (attorneys, CPAs, financial advisors) before making decisions about your mineral rights.
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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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