Civitas Resources merged into SM Energy (NYSE: SM) on January 30, 2026. Buckhead Energy purchases mineral and royalty interests in former Civitas acreage across the DJ Basin and Permian Basin. Buckhead makes a fair, competitive offer to purchase mineral and royalty interests directly from owners.
Former ticker: NYSE: CIVI (delisted January 30, 2026)
Now part of: SM Energy Company (NYSE: SM)
Headquarters: Denver, Colorado
Formed: November 1, 2021 (Bonanza Creek + Extraction + Crestone Peak)
Basins: DJ Basin (Colorado) and Permian Basin (Texas and New Mexico)
TL;DR Buckhead Energy buys mineral and royalty interests in former Civitas Resources areas, now operated by SM Energy. Buckhead provides a free written offer. Because Buckhead is the buyer (not a broker or intermediary), there is no broker commission taken out of your sale.
If you own minerals in a former Civitas area, the operator on your wells may have changed names more than once. Each date below comes from a company filing or release listed under Sources at the end of this page.
Owners who started with Bonanza Creek, Extraction, Crestone Peak, Hibernia, Tap Rock, or Vencer have now been through at least two corporate transitions. Each one can change who pays you and how your acreage is prioritized.
SM Energy now develops four operating areas: the Permian, DJ, Uinta, and South Texas. Former Civitas acreage competes with all of them for the same capital budget.
SM Energy set a target of at least $1 billion in asset sales within a year of the merger. The sale it has reported so far was legacy SM acreage in Webb County, Texas, not former Civitas acreage. Owners near any future sale area could see another operator change.
SB 19-181 (2019) changed the state regulator's mission from fostering oil and gas development to regulating it. Rules adopted in November 2020 set a 2,000-foot setback from new well pads to occupied buildings, with defined exceptions. The agency became the Energy & Carbon Management Commission (ECMC) on July 1, 2023.
County lists below come from Buckhead Energy analysis of public oil and gas data on wells listed under Civitas or its predecessor operating companies.
SM Energy reports about 301,000 net DJ Basin acres, located primarily in northeastern Colorado, with development opportunities in the Niobrara and Codell formations.
From the Hibernia (2023) and Vencer (2024) acquisitions. SM Energy lists the Spraberry, Wolfcamp, and Woodford as Midland Basin development formations.
From the Tap Rock acquisition (2023). SM Energy lists the Avalon, Bone Spring, and Wolfcamp as Delaware Basin development formations.
Buckhead evaluates interests using production data, geological analysis, and current market conditions.
Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital.
Buckhead buys both producing and non-producing interests, whole or fractional.
Because Buckhead is the buyer (not a broker or intermediary), there is no broker commission taken out of your sale.
Civitas Resources was a Denver-based oil and gas producer formed on November 1, 2021, when Bonanza Creek Energy and Extraction Oil & Gas completed their merger and acquired Crestone Peak Resources. It traded on the NYSE as CIVI. On January 30, 2026, SM Energy Company (NYSE: SM) completed an all-stock merger with Civitas, and Civitas shares stopped trading. The combined company operates as SM Energy, headquartered in Denver.
In general, a merger changes the company that operates and pays on your wells, not who owns the minerals. How it affects a particular lease depends on that lease's terms and on state law, so review your lease and consult a qualified oil and gas attorney about your situation. The company name on your check stub or division order may also change.
In the DJ Basin of northeastern Colorado, mainly Weld, Adams, and Arapahoe counties, with older wells in Broomfield and Boulder counties, targeting the Niobrara and Codell. In the Permian Basin, Civitas bought Midland Basin assets from Hibernia (Upton and Reagan counties, Texas) and Delaware Basin assets from Tap Rock (mainly Eddy and Lea counties, New Mexico), both closed August 2, 2023, then Vencer Energy's Midland Basin assets (Glasscock, Martin, Midland, Reagan, and Upton counties, Texas), closed January 2, 2024.
Buckhead Energy typically provides an offer within 24–48 hours. Closings typically take 30–45 days, subject to title review and clearance. Buckhead prepares the mineral deed and closing paperwork for the transaction. Sellers should still review documents (and may have their own attorney do so) before signing.
Operating subsidiaries often keep their names after a merger. In Buckhead Energy analysis of public oil and gas data, many former Civitas wells in Colorado are still listed under Bonanza Creek Energy Operating Company, Extraction Oil & Gas, or Crestone Peak Resources Operating, and Texas and New Mexico wells under Civitas Permian Operating LLC. The name on your stub may change as SM Energy integrates the companies; the payor's contact details are on your check stub or division order.
Yes. Buckhead buys both producing and non-producing interests, whole or fractional. Buckhead evaluates interests using production data, geological analysis, and current market conditions. Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
Send your former Civitas mineral rights information below. Buckhead provides a free written offer. Our offer comes at no cost and no obligation. Buckhead makes a fair, competitive offer to purchase mineral and royalty interests directly from owners.
Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead provides a free written offer. Buckhead Energy holds an A+ rating with the Better Business Bureau.
This page is not affiliated with or endorsed by Civitas Resources or SM Energy Company. Company names are the property of their respective owners. Information is for general educational purposes and was last reviewed October 23, 2026.
Buckhead 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.
Get My Offer Now