Penroc Oil Corporation

Q: What mineral rights does Penroc Oil Corporation own in Stephens County?

Penroc Oil Corporation owns 35 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $210. These interests include 0 working interest(s) and 35 royalty interest(s) across 34 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

$210

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 35

Cumulative Production (Associated Leases)

Natural Gas: 20.60 MMCF

Oil: 558.85 MBBL

Operators

Griffin Resources Zagava, Llc Jeff Dooley Operating, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
County Line 10 RRC: 182009	Griffin Resources	RI	0.0154%	$0
County Line 11 12a RRC: 183492	Griffin Resources	RI	0.0154%	$0
County Line 11 A14 RRC: 183494	Griffin Resources	RI	0.0154%	$0
County Line 11 A16 RRC: 183276	Griffin Resources	RI	0.0154%	$0
County Line 11 A18 RRC: 183301	Griffin Resources	RI	0.0154%	$0
County Line 11 A20 RRC: 184811	Griffin Resources	RI	0.0154%	$20
County Line 11 A21 RRC: 184813	Griffin Resources	RI	0.0154%	$0
County Line 11 A23 RRC: 184815	Griffin Resources	RI	0.0154%	$0
County Line 11 A24 RRC: 184816	Griffin Resources	RI	0.0154%	$0
County Line 11 A29 RRC: 186240	Griffin Resources	RI	0.0154%	$0
County Line 11 A 30 RRC: 186241	Griffin Resources	RI	0.0154%	$0
County Line 11 A 32 RRC: 186244	Griffin Resources	RI	0.0154%	$0
County Line 11a 33 RRC: 185645	Griffin Resources	RI	0.0154%	$0
County Line 21 A17 RRC: 184809	Griffin Resources	RI	0.0350%	$0
County Line 21 A25 RRC: 184817	Griffin Resources	RI	0.0350%	$0
County Line 21 A28 RRC: 184819	Griffin Resources	RI	0.0350%	$0
County Line 21a 38 RRC: 185447	Griffin Resources	RI	0.0350%	$0
County Line 21a 40 RRC: 185886	Griffin Resources	RI	0.0350%	$20
County Line 22 11a RRC: 183491	Griffin Resources	RI	0.0154%	$0
County Line 22 13a RRC: 183493	Griffin Resources	RI	0.0155%	$0
County Line 22 A22 RRC: 184814	Griffin Resources	RI	0.0155%	$0
County Line 22 A26 RRC: 184486	Griffin Resources	RI	0.0155%	$0
County Line 22 A27 RRC: 184818	Griffin Resources	RI	0.0155%	$0
County Line 22 A34 RRC: 184820	Griffin Resources	RI	0.0154%	$0
County Line 22 A35 RRC: 184821	Griffin Resources	RI	0.0154%	$0
County Line 22a 36 RRC: 185531	Griffin Resources	RI	0.0154%	$0
County Line 22a 37 RRC: 185644	Griffin Resources	RI	0.0154%	$0
County Line 22a 41 RRC: 185888	Griffin Resources	RI	0.0154%	$0
County Line 9 RRC: 181148	Griffin Resources	RI	0.0154%	$0
County Line 'A' RRC: 30031	Griffin Resources	RI	0.0350%	$0
County Line 'A'-1 RRC: 166535	Griffin Resources	RI	0.0350%	$40
County Line A Un#2-3 RRC: 27632	Griffin Resources	RI	0.0349%	$20
Ledbetter RRC: 110722	Zagava, Llc	RI	0.0104%	$0
Ledbetter RRC: 110722	Zagava, Llc	RI	0.0104%	$0
Veale-Parks (Caddo) RRC: 15029	Jeff Dooley Operating, Llc	RI	0.0079%	$110

Frequently Asked Questions

What mineral rights does Penroc Oil Corporation 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.