Buckhead Energy buys mineral rights and royalty interests on acreage operated by Lex and Lace Petroleum, LLC (SOUTHLAKE, TX). Direct-buyer process, no broker commissions, out-of-state owners welcome.
Get Your Free Mineral ValuationLex and Lace Petroleum, LLC is registered at SOUTHLAKE, TX with the Texas Railroad Commission (P-5 status: Active). For current activity, drilling permits, and recent wells operated by Lex and Lace Petroleum, LLC, see the full operator profile.
If your mineral interest is operated by Lex and Lace Petroleum, LLC, Buckhead Energy can provide a free written offer. We work with the operator's land department to verify decimal interests and value the future cash flow stream.
Direct buyer — no broker commissions
Out-of-state owners welcome (we handle the entire process remotely)
We research the operator-of-record and verify your decimal interest
Proceeds wired the day of recording
Texas Railroad Commission operator search
Operator number on file: 101216
Yes. Buckhead Energy buys mineral rights and royalty interests operated by Lex and Lace Petroleum, LLC. Owners typically provide the lease, division order or recent royalty statement, and the county and legal description; we research the operator-of-record, verify your decimal interest, and provide a free written offer.
The most useful documents are your most recent royalty check detail, any oil and gas lease(s) for the tract, the county and state, and the legal description (section/township/range, or abstract/survey for Texas). If you only have one of these, send what you have — we can research the rest.
Valuation depends on the operator's recent production history, the well status (producing, shut-in, permitted, undeveloped), the lease's royalty rate, and county and formation economics. We look at all of these together rather than applying a single multiple.
Yes. Out-of-state ownership is extremely common. We handle the entire transaction by mail and wire transfer — you do not need to travel to close.
Free written valuation, direct-buyer process.
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