Walter Leslie Hefner Ii

Q: What mineral rights does Hefner Walter Leslie Ii own in Stephens County?

Hefner Walter Leslie Ii owns 16 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $17,380. These interests include 0 working interest(s) and 10 royalty interest(s) across 14 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

$17,380

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 10

Cumulative Production (Associated Leases)

Natural Gas: 3.94 MMCF

Oil: 20.67 MMBBL

Operators

Basa Resources Parker Energy Company Ridge Oil Company Delta Oil & Gas Ltd. Blackbird R 22 Og L.L.C.

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Baber Ackers Caddo Uni RRC: 11520	Basa Resources	RI	1.0937%	$7,230
Baber Ackers Rosenques RRC: 24200	Basa Resources	RI	1.0938%	$330
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0026%	$40
Brown 16-A RRC: 23972	Parker Energy Company	RI	1.7000%	$3,220
Curry Cox RRC: 25963	Ridge Oil Company	RI	1.3500%	$300
Hilgenberg Unit RRC: 14808	Basa Resources	RI	2.0876%	$3,100
J5 Ranch 'A' RRC: 30187	Delta Oil & Gas Ltd.	RI	0.1042%	$0
J5 Ranch 'A' RRC: 30187	Delta Oil & Gas Ltd.	RI	0.1042%	$50
J5 Ranch A #3 RRC: 259807	Delta Oil & Gas Ltd.	RI	0.1042%	$0
J 5 Ranch D #1 RRC: 30662	Delta Oil & Gas Ltd.	RI	0.1042%	$210
J5 Ranch F #1 RRC: 259790	Delta Oil & Gas Ltd.	RI	0.1042%	$180
J5 Ranch F #2 RRC: 261073	Delta Oil & Gas Ltd.	RI	0.1042%	$100
Pardue-Sylvanus RRC: 16027	Ridge Oil Company	RI	0.7500%	$170
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.0770%	$1,350
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.0628%	$1,100
West C K -C1- & -C2- RRC: 017644	Blackbird R 22 Og L.L.C.	RI	0.1042%	$0

Frequently Asked Questions

What mineral rights does Hefner Walter Leslie Ii 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.