Gmgf Legacy Llc

Total Interests

$32,080

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 58

Cumulative Production (Associated Leases)

Natural Gas: 36.58 MMCF

Oil: 10.61 MMBBL

Operators

Pedernales Petroleum Op, Llc Jandar Exploration Basa Resources Tngr East Texas Llc Rfe Operating, Llc Barrow Shaver Resources Company 4-Sight Operating Fortune Resources, Llc The Long Trusts Miken Oil, Inc. Linder, John Operating Co., Llc Snd Operating Tgnr Gulf Coast Llc Comstock Oil And Gas

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Acker (2) RRC: 221319	Pedernales Petroleum Op, Llc	RI	0.1572%	$10
Alexander G RRC: 15177	Jandar Exploration	RI	0.2930%	$340
Barton Lula RRC: 06917	Basa Resources	RI	0.1736%	$390
Beck Fred Gu (01) RRC: 109189	Tngr East Texas Llc	RI	0.1116%	$10
Beck Fred Gu (02) RRC: 15966	Tngr East Texas Llc	RI	0.1116%	$40
Beck Fred Gu (03) RRC: 124443	Tngr East Texas Llc	RI	0.1116%	$20
Beck Fred Gu (04) RRC: 126809	Tngr East Texas Llc	RI	0.1116%	$10
Beck Fred Gu (06) RRC: 169320	Tngr East Texas Llc	RI	0.1116%	$10
Beck Fred Gu (07) RRC: 228094	Tngr East Texas Llc	RI	0.1116%	$10
Belclaire (Aw) (1h) RRC: 298518	Rfe Operating, Llc	RI	0.0507%	$13,340
Christian Alice Est A Gu (31h) RRC: 267420	Tngr East Texas Llc	RI	0.1643%	$270
Christian Alice Est A Gu (4-7) RRC: 167259	Tngr East Texas Llc	RI	0.1643%	$10
Christian Alice Est B Gu (4a) RRC: 125781	Tngr East Texas Llc	RI	0.1658%	$10
Christian Alice Est B Gu (5a) RRC: 126028	Tngr East Texas Llc	RI	0.1658%	$10
Christian Alice Est B Gu (6a) RRC: 167148	Tngr East Texas Llc	RI	0.1658%	$70
Christian C E -A- RRC: 06809	Basa Resources	RI	0.0488%	$400
Christian C E -C- RRC: 06810	Basa Resources	RI	0.0651%	$360
Dennis Sol RRC: 06939	Basa Resources	RI	0.2719%	$1,940
Grissom Heirs (2) RRC: 247030	Barrow Shaver Resources Company	RI	0.0570%	$20
Grissom Heirs -A- (3) RRC: 256431	Barrow Shaver Resources Company	RI	0.0570%	$60
Grissom W T RRC: 07337	4-Sight Operating	RI	0.0570%	$60
Hill Leah RRC: 06953	Basa Resources	RI	0.1736%	$610
Holt O R RRC: 07698	Basa Resources	RI	0.7799%	$5,350
Holt O R RRC: 06958	4-Sight Operating	RI	0.8172%	$1,510
Laird S S Gu (B10) RRC: 189935	Fortune Resources, Llc	RI	0.0723%	$20
Laird S S Gu (B3) RRC: 103435	Fortune Resources, Llc	RI	0.0723%	$20
Laird S S Gu (B6) RRC: 146203	Fortune Resources, Llc	RI	0.0723%	$20
Laird S S Gu (B7) RRC: 146699	Fortune Resources, Llc	RI	0.0723%	$10
Marwil Gu (1r) RRC: 111887	The Long Trusts	RI	0.0469%	$20
Marwil Gu (2) RRC: 193048	The Long Trusts	RI	0.0469%	$10
Marwil Gu (3) RRC: 193350	The Long Trusts	RI	0.0469%	$120
Marwil Gu (4) RRC: 207687	The Long Trusts	RI	0.0469%	$10
Mccrory Patsy C Gu (6) RRC: 188224	Fortune Resources, Llc	RI	0.0363%	$10
Naulls E W RRC: 06986	Basa Resources	RI	0.3351%	$690
Overton Ne (Pet -A-) Tr G 85 RRC: 12422	Basa Resources	RI	0.2467%	$10
Prince C N Gu 1 (1) RRC: 115875	Pedernales Petroleum Op, Llc	RI	0.0670%	$10
Roberson M RRC: 07003	Basa Resources	RI	0.1302%	$40
Russell Rosa RRC: 06843	Basa Resources	RI	0.0400%	$100
Snead J E B RRC: 07030	Basa Resources	RI	0.1736%	$260
South Kilgore Wf Ut Tr 02 RRC: 08732	Basa Resources	RI	0.1628%	$10
South Kilgore Wf Ut Tr 03 RRC: 08732	Basa Resources	RI	0.1628%	$230
Thompson George -C- RRC: 07770	Miken Oil, Inc.	RI	0.1953%	$320
Thompson M L RRC: 07247	Linder, John Operating Co., Llc	RI	0.0366%	$40
Torkelson Gu (1) RRC: 103629	Fortune Resources, Llc	RI	0.0680%	$10
Torkelson Gu (3) RRC: 143482	Fortune Resources, Llc	RI	0.0680%	$10
Turner J W RRC: 07036	Basa Resources	RI	0.0977%	$2,400
Turner J W RRC: 07675	Snd Operating	RI	0.0976%	$10
Turner J W RRC: 08318	Basa Resources	RI	0.0977%	$1,830
Turner J W (1) RRC: 240094	Tgnr Gulf Coast Llc	RI	0.0977%	$10
Turner J W (2) RRC: 243124	Tgnr Gulf Coast Llc	RI	0.0977%	$20
Turner Virginia -A- RRC: 07038	Basa Resources	RI	0.2466%	$450
Washburn J C Gu 1 (7) RRC: 229407	Comstock Oil And Gas	RI	0.1029%	$10
West Pirtle Gu (1/2) RRC: 105456	Comstock Oil And Gas	RI	0.1093%	$20
West Pirtle Gu (3) RRC: 154714	Comstock Oil And Gas	RI	0.1093%	$10
West Pirtle Gu (6) RRC: 185106	Fortune Resources, Llc	RI	0.1093%	$10
West Pirtle Gu (7) RRC: 189936	Fortune Resources, Llc	RI	0.1093%	$180
West Pirtle Gu (9) RRC: 223764	Comstock Oil And Gas	RI	0.1093%	$20
Wilson C W RRC: 07052	Basa Resources	RI	0.2604%	$280

Frequently Asked Questions

What mineral rights does Gmgf Legacy Llc own in Rusk County?

Gmgf Legacy Llc owns 58 mineral interest(s) in Rusk County, Texas, with a combined appraised value of $32,080. These interests include 0 working interest(s) and 58 royalty interest(s) across 55 lease(s).

How can I sell my Rusk County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Rusk County and throughout the East Texas Oil Field. We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Where is Rusk County, Texas?

Rusk County is in East Texas, with Henderson as its county seat and part of Kilgore — the "World's Richest Acre" — within its borders. It sits atop the East Texas Oil Field, one of the largest oil fields ever discovered in the lower 48, found in 1930 and producing from the Woodbine sand for over 90 years.

How much are Rusk County mineral rights worth?

Mineral rights values in Rusk County vary based on factors including current production, lease terms, operator activity, and commodity prices. The East Texas Oil Field is a mature, long-lived field, so valuations typically reflect slow-decline legacy production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

What is the difference between working interest and royalty interest?

A royalty interest (RI) entitles the owner to a share of production revenue without paying for drilling or operating costs. A working interest (WI) participates in both the revenue and the costs of drilling and operating wells. Most mineral owners in Rusk County hold royalty interests.

About Rusk County & The East Texas Oil Field

Rusk County is in East Texas, with Henderson as its county seat and part of Kilgore within its borders. It sits atop the East Texas Oil Field — one of the largest oil fields ever discovered in the lower 48 (1930), producing from the Woodbine sand.

The East Texas Oil Field has produced oil for over 90 years since its 1930 discovery. Production is mature and long-lived, with many wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Rusk County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the East Texas Oil Field and broader East Texas Basin.