Cannan Company

Q: What mineral rights does Cannan Company own in Stephens County?

Cannan Company owns 19 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $14,850. These interests include 0 working interest(s) and 19 royalty interest(s) across 19 lease(s).

Q: How can I sell my Stephens County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Stephens County and throughout the Bend Arch (Fort Worth Basin). We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Q: Where is Stephens County, Texas?

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It lies on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil and gas area known for the Caddo, Marble Falls, and shallower pay zones, with production dating back to the 1910s Breckenridge boom.

Q: How much are Stephens County mineral rights worth?

Mineral rights values in Stephens County vary based on factors including current production, lease terms, operator activity, and commodity prices. The Bend Arch is a mature conventional area, so valuations typically reflect long-lived, shallow-decline production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

Q: 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 Stephens County hold royalty interests.

Total Interests

$14,850

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 19

Cumulative Production (Associated Leases)

Natural Gas: 3.78 MMCF

Oil: 306.19 MBBL

Operators

Denton Exploration, Inc. Daylight Petroleum Llc Delta Oil & Gas Ltd. Jeff Dooley Operating, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Chandler 'A' RRC: 165393	Denton Exploration, Inc.	RI	2.0833%	$0
Moon 2 RRC: 29062	Daylight Petroleum Llc	RI	2.1875%	$0
Moon Ranch RRC: 12716	Daylight Petroleum Llc	RI	1.2500%	$1,420
Moon Ranch 'B' 1 RRC: 179316	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch C 1 RRC: 182477	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch C 2 RRC: 31855	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch C 3 RRC: 31855	Delta Oil & Gas Ltd.	RI	2.3437%	$420
Moon Ranch -D- RRC: 31660	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch D 2 RRC: 31660	Delta Oil & Gas Ltd.	RI	2.3437%	$1,750
Moon Ranch 'F' 1 RRC: 29169	Delta Oil & Gas Ltd.	RI	2.3437%	$7,880
Moon Ranch 'G' RRC: 29435	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch -G- RRC: 176071	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch 'H' 1 RRC: 29109	Delta Oil & Gas Ltd.	RI	2.3437%	$0
Moon Ranch -I- RRC: 28725	Delta Oil & Gas Ltd.	RI	2.3437%	$300
Moon Ranch 'I' 2 RRC: 220123	Delta Oil & Gas Ltd.	RI	2.3437%	$1,920
Speed S T #1 RRC: 063701	Delta Oil & Gas Ltd.	RI	1.0417%	$570
Speed S T Mrs RRC: 16057	Delta Oil & Gas Ltd.	RI	1.0417%	$70
Speed S T Mrs 2 RRC: 28931	Delta Oil & Gas Ltd.	RI	1.0417%	$0
Veale-Parks (Caddo) RRC: 15029	Jeff Dooley Operating, Llc	RI	0.0363%	$520

Frequently Asked Questions

What mineral rights does Cannan Company own in Stephens County?

How can I sell my Stephens County mineral rights?

Where is Stephens County, Texas?

How much are Stephens County mineral rights worth?

What is the difference between working interest and royalty interest?

About Stephens County & The Bend Arch

Stephens County is in North-Central Texas, with Breckenridge as its county seat. It sits on the Bend Arch in the western Fort Worth Basin — a long-producing conventional oil & gas area known for the Caddo, Marble Falls, and shallower pay zones.

The Breckenridge field and surrounding Bend Arch leases have produced oil and gas for over a century. Production is mature and long-lived, with many shallow conventional wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Stephens 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 Bend Arch and Fort Worth Basin.