Marsha Montgomery

Q: What mineral rights does Montgomery Marsha own in Stephens County?

Montgomery Marsha owns 15 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $43,260. These interests include 11 working interest(s) and 3 royalty interest(s) across 12 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

$43,260

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 11

Royalty Interests 3

Cumulative Production (Associated Leases)

Natural Gas: 501,064 MCF

Oil: 86.11 MBBL

Operators

Marjac Oil Company, Inc. Pendragon Oil Co.

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Callaway 1a RRC: 285926	Marjac Oil Company, Inc.	RI	0.0076%	$10
Cook 1 RRC: 265308	Pendragon Oil Co.	RI	0.9500%	$0
Cook 1 RRC: 265308	Pendragon Oil Co.	WI	77.0000%	$1,700
Ibex J 1 RRC: 32119	Pendragon Oil Co.	WI	79.0000%	$9,830
Ibex R 1 RRC: 31944	Pendragon Oil Co.	WI	79.5192%	$3,210
Ibex S 1 RRC: 31667	Pendragon Oil Co.	WI	99.9999%	$8,850
Ibex Swd 1 RRC: 31550	Pendragon Oil Co.	WI	99.9999%	$0
Judkins 1a RRC: 31666	Pendragon Oil Co.	WI	99.9999%	$0
Judkins 1b RRC: 32295	Pendragon Oil Co.	RI	4.6875%	$50
Judkins 1b RRC: 32295	Pendragon Oil Co.	WI	78.0000%	$5,510
Judkins 2 RRC: 31666	Pendragon Oil Co.	WI	99.9999%	$0
Sikes 1 RRC: 33149	Pendragon Oil Co.	RI	6.2500%	$0
Sikes 1 RRC: 33149	Pendragon Oil Co.	WI	78.0000%	$4,700
Van Winkle 1 RRC: 33564	Pendragon Oil Co.	WI	79.0000%	$4,700
Whitfield RRC: 24321	Pendragon Oil Co.	WI	82.0312%	$4,700

Frequently Asked Questions

What mineral rights does Montgomery Marsha 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.