Hodnett Lanell Lee Tr

Q: What mineral rights does Hodnett Lanell Lee Tr own in Stephens County?

Hodnett Lanell Lee Tr owns 22 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $15,910. These interests include 0 working interest(s) and 22 royalty interest(s) across 22 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

$15,910

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 22

Cumulative Production (Associated Leases)

Natural Gas: 5.87 MMCF

Oil: 11.52 MMBBL

Operators

Delta Oil & Gas Ltd. Texian Energy Corporat Petex Basa Resources Amen Oil Llc Stober Oil And Gas Services, Llc Parker Energy Company Safari Resources, Llc Ridge Oil Company Daylight Petroleum Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Atkins A A RRC: 23066	Delta Oil & Gas Ltd.	RI	0.1042%	$0
Atkins A A (Oil) RRC: 03900	Texian Energy Corporat	RI	0.1042%	$7,070
Atkins -A- (Oil) RRC: 10269	Texian Energy Corporat	RI	0.1042%	$1,320
Atkins-Arco 'A' RRC: 21394	Delta Oil & Gas Ltd.	RI	0.1042%	$10
Duggan Harrell Un 2 RRC: 200330	Petex	RI	0.5220%	$0
Duggan Harrell Unit RRC: 135543	Petex	RI	1.0440%	$0
E Eliasville Caddo Uni RRC: 14358	Basa Resources	RI	0.1041%	$1,790
Eliasville Caddo Unit RRC: 13213	Basa Resources	RI	0.1042%	$1,430
Fambro '9' #1 RRC: 175698	Amen Oil Llc	RI	0.2516%	$0
Fambro '9' 2 RRC: 207158	Amen Oil Llc	RI	0.2515%	$0
Fambrough W 10 RRC: 214873	Petex	RI	0.3328%	$180
Gardner '8' #1 RRC: 31118	Stober Oil And Gas Services, Llc	RI	0.6018%	$0
Gholson RRC: 164584	Parker Energy Company	RI	0.5208%	$480
Hodges -A- RRC: 16158	Safari Resources, Llc	RI	1.2800%	$0
Hodges 'B' 4 RRC: 28892	Safari Resources, Llc	RI	1.2800%	$2,190
Johnson '12' 1 RRC: 215859	Stober Oil And Gas Services, Llc	RI	0.6018%	$0
Lauderdale #1 RRC: 30834	Parker Energy Company	RI	0.1582%	$860
Panther Unit RRC: 19901	Texian Energy Corporat	RI	0.0349%	$300
Parks C E Unit RRC: 16662	Ridge Oil Company	RI	0.2526%	$280
Sikes Ida B & D RRC: 018026	Parker Energy Company	RI	0.3430%	$0
Sikes Randall 1 RRC: 178650	Daylight Petroleum Llc	RI	0.6019%	$0
Thompson-Greenlee Ut RRC: 163556	Safari Resources, Llc	RI	0.0130%	$0

Frequently Asked Questions

What mineral rights does Hodnett Lanell Lee Tr 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.