Buckhead Energy buys Florida royalty interests, ORRIs, and NPRIs with our own capital — Jay field and Panhandle Smackover production, and south Florida Sunniland trend interests. Free written offer, zero fees or commissions, closing in 30–45 days.
19 years buying royalties · A+ BBB · funds wired at closing
Get Your Free Florida Royalty OfferQuick Answer To sell oil and gas royalties in Florida: gather your division orders and recent check stubs, request a written offer from a direct buyer, and close by notarized conveyance recorded in the county where the minerals sit. Florida is a genuinely marginal state — roughly 160 producing wells across two disconnected trends. Oil severance runs 8% for ordinary production with lower rates for small wells and tertiary recovery, while gas is taxed per MCF at a rate reset every July 1. The real Florida risk is title rather than tax: the Marketable Record Title Act can extinguish an old unpreserved mineral reservation thirty years after the root of title, and minerals are not among its exceptions.
There is no single "best" royalty buyer for every Florida owner, but the filters are the same everywhere: is the buyer using its own capital, will they put the offer and its reasoning in writing, who pays title and closing costs, and will they do the title work? Florida's Marketable Record Title Act means an old severed reservation may not have survived, and that question has to be answered before anyone can price the interest. Buckhead Energy is a direct buyer, buys with its own funds, and pays the title costs.
The classic royalty under a lease on your Florida minerals — monthly checks from operator production, free of drilling and operating costs.
Carved out of the working interest — common for landmen, geologists, and dealmakers. ORRIs expire with their lease, which makes timing a real consideration. ORRI guide →
Royalty without executive rights or bonus — often inherited and misunderstood. Fully sellable. NPRI guide →
Producing or recently shut-in, whole or fractional, one well or many counties — including inherited interests still in an estate (we handle heirship).
In almost every state, your oil & gas royalty is set by your lease — not by statute. There is no government-set royalty rate for privately negotiated leases.
Florida can pool or unitize an unleased owner and must give a "just and equitable share," but no statute fixes a minimum royalty fraction.
Source: Fla. Stat. § 377.28
Typical negotiated lease royalty (market convention, not law): Across the U.S., negotiated oil & gas leases have historically run from 1/8 (12.5%) at the low end to 1/4 (25%) in the most competitive plays, with 3/16 (18.75%) and 1/5 (20%) common in active basins. Your actual rate depends on the play, the operator, the competition for your acreage, and when you signed — not on any state rate.
Source: Florida Dept. of Revenue — Tax and Interest Rates
Source: Florida Dept. of Revenue — Tax and Interest Rates
Source: Florida Dept. of Revenue — Tax and Interest Rates
The gas rate is reset every July 1 by the Department, indexed to prior-year producer price indices, so verify the current figure before modeling. Florida's severance tax expressly reaches royalty interests. Confirm your own position with a CPA — this is published reference, not tax advice.
Florida requires the property appraiser, upon request of an owner who holds both the real property and the subsurface mineral rights, to separately assess the subsurface mineral right and the remainder of the real estate as separate items on the tax roll — with the combined valuation not exceeding the full just value of the fee including those subsurface rights. Absent such a request, the subsurface interest is generally carried with the fee rather than as a standalone royalty tax line.
Florida has no classic dormant mineral act with a production test, but its Marketable Record Title Act functions as a trap for severed minerals and is the single highest-risk fact for a Florida mineral owner. A person with a record estate for thirty years or more takes marketable record title free and clear of interests depending on any act or title transaction occurring before the root of title — and mineral and oil and gas interests are <strong>not</strong> among the statutory exceptions. A mineral owner preserves the interest either by specific reference in a post-root muniment or by recording a notice during the thirty-year period following the root of title. The practical effect: an old, unpreserved, non-producing Florida mineral reservation can be extinguished even though no abandonment proceeding was ever filed.
Statute: Ch. 712, Fla. Stat.
Florida is a rectangular-survey state and tracts are ordinarily described by township, range, and section off the Tallahassee Meridian. Metes-and-bounds and platted-subdivision descriptions are common in developed areas, and older Spanish land grants survive as irregular non-rectangular parcels.
FDEP permits Florida wells and runs just two field offices — Jay in the Panhandle and Fort Myers in the south — because that is the whole industry.
Florida Department of Environmental Protection, Oil and Gas Program →
Jay Field in Santa Rosa County, discovered 1970 — by far Florida's largest field, tying into the Smackover trend that runs west toward Arkansas.
A northwest-southeast trend of small Lower Cretaceous carbonate fields through Lee, Hendry, Collier, and Miami-Dade, dating to Florida's first oil in 1943.
Active Florida royalty counties include:
The title question comes first: Florida's Marketable Record Title Act can have extinguished an old unpreserved reservation thirty years after the root of title, without any proceeding. That has to be resolved before value can be discussed.
A very small industry: Roughly 160 producing wells statewide across two disconnected trends, and in south Florida the mineral estate is unusually concentrated rather than fragmented — so there is little of the family-owned royalty market that exists in Texas or Oklahoma.
Before you sell — or decide not to — read your own income stream like a buyer would: your royalty statement line by line, the full royalty calculation chain, and your trend over the last year. Run your own numbers with our royalty calculator, ground-truth prices against live WTI & Henry Hub benchmarks. The more you know, the better our conversation.
Yes, and through an unexpected route. Florida has no classic dormant mineral act, but its Marketable Record Title Act (Ch. 712) gives a person with a thirty-year record estate marketable title free of interests depending on acts before the root of title — and mineral and oil and gas interests are not among the statutory exceptions. An old unpreserved, non-producing reservation can be extinguished with no abandonment proceeding ever filed. Preservation is by specific reference in a post-root muniment or by recording a notice during the thirty-year period.
Oil is taxed on value — 8% for ordinary production, 5% for small well production, and a tiered 1%/7%/9% schedule for tertiary production, with escaped oil at 12.5%. Natural gas is taxed by volume rather than value, at a per-MCF rate the Department resets every July 1 against prior-year producer price indices. Florida's severance tax expressly reaches royalty interests.
Yes. Partial conveyances are routine — many owners sell a fraction for liquidity and keep the rest. The deed simply describes the portion conveyed.
A royalty interest is the income stream only; mineral rights include the underlying ownership with leasing (executive) rights. Both are sellable. ORRIs (carved from leases, expiring with them) and NPRIs (royalty without bonus or executive rights) are royalty-type interests Buckhead purchases regularly.
Often, yes. Small persistent checks — especially from long-lived stripper wells — carry real present value, and administrative burden frequently outweighs modest income for scattered or inherited interests. A written offer prices the whole remaining stream at once.
This page is educational and is not legal, tax, or financial advice. Statutory rates are quoted from the linked issuing agency as of 2026-07-21 and can change by legislative action. Consult a qualified attorney and CPA about your own interest before selling.
Sell royalties — national overview · Compare Florida to another state · Florida mineral rights · Sell minerals in Florida
Free written offer with the reasoning explained — no fees, no commissions, no obligation.
Sell Your Florida Royalties — Free Offer