Rhone & Kipi Parks

Q: What mineral rights does Parks Rhone & Kipi own in Stephens County?

Parks Rhone & Kipi owns 28 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $87,100. These interests include 5 working interest(s) and 19 royalty interest(s) across 23 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

$87,100

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 5

Royalty Interests 19

Cumulative Production (Associated Leases)

Natural Gas: 9.03 MMCF

Oil: 3.09 MMBBL

Operators

Basa Resources Parks Rhone Inc. Petex D J & T Energy Hess Jerry Operating Co. Burton Services, Inc. Braka Operating L.L.C. Stober Oil And Gas Services, Llc Jeff Dooley Operating, Llc Three P Operating Co.,Gp, L.L.C.

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Black John RRC: 14438	Basa Resources	RI	0.7813%	$24,580
Cfc Unit RRC: 26617	Parks Rhone Inc.	WI	81.0416%	$1,700
Cfc Unit RRC: 26617	Parks Rhone Inc.	WI	81.0416%	$1,700
Cfc Unit #2 RRC: 26617	Parks Rhone Inc.	WI	99.9999%	$0
Duggan Harrell Unit RRC: 135543	Petex	RI	0.0713%	$0
Fambro A P #1 197.2 RRC: 198399	Petex	RI	0.9506%	$1,240
Gant RRC: 121351	D J & T Energy	RI	0.0625%	$0
Gardenhire Hess RRC: 082455	Hess Jerry Operating Co.	RI	0.0625%	$0
Langford RRC: 21626	Parks Rhone Inc.	RI	2.5625%	$0
Langford 'A' RRC: 164290	Parks Rhone Inc.	RI	2.5625%	$2,940
Langford -G- RRC: 291620	Burton Services, Inc.	RI	0.0156%	$0
Langford G R RRC: 083300	Parks Rhone Inc.	RI	3.1250%	$17,030
Langford G R RRC: 185432	Braka Operating L.L.C.	RI	1.0937%	$0
Langford G R RRC: 083300	Parks Rhone Inc.	RI	6.2500%	$34,050
Langford G R 1 RRC: 089577	D J & T Energy	RI	2.5635%	$0
Langford G R 1 RRC: 089577	D J & T Energy	RI	0.3907%	$0
Langford G R 2 RRC: 185434	Braka Operating L.L.C.	RI	1.0937%	$0
Langford G R -A- RRC: 049853	Parks Rhone Inc.	RI	2.5625%	$650
Mcfarland 1 RRC: 228929	Parks Rhone Inc.	RI	12.5000%	$0
Mcfarland 1 RRC: 228929	Parks Rhone Inc.	WI	87.5000%	$1,700
Roberson Julia #1 RRC: 066040	Petex	RI	0.7031%	$0
Stevenson-Jones Unit RRC: 10661	Petex	RI	0.0019%	$90
Sullivan #2 RRC: 071579	Stober Oil And Gas Services, Llc	RI	0.1145%	$0
Thomas L RRC: 146249	Petex	RI	1.0417%	$0
Veale-Parks (Caddo) RRC: 15029	Jeff Dooley Operating, Llc	RI	0.0999%	$1,420
Vick '56' 1 RRC: 209991	Petex	RI	0.0127%	$0
Ward Thompson Unit1 RRC: 29238	Three P Operating Co.,Gp, L.L.C.	WI	78.7500%	$0
Warren W S 'A' RRC: 03834	Burton Services, Inc.	RI	0.0185%	$0

Frequently Asked Questions

What mineral rights does Parks Rhone & Kipi 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.