Petroleum Exploration Company

Q: What mineral rights does Petroleum Exploration Company own in Stephens County?

Petroleum Exploration Company owns 462 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $6,149,850. These interests include 272 working interest(s) and 183 royalty interest(s) across 385 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.

462

Total Interests

$6,149,850

Appraised Value

Operators

385

Leases

Interest Type Breakdown

Working Interests 272

Royalty Interests 183

Cumulative Production (Associated Leases)

Natural Gas: 108.36 MMCF

Oil: 72.54 MMBBL

Operators

Petex G&F Oil, Inc Amen Oil Llc Riptide Energy Llc Caraway, Robert R. Basa Resources Eastland Operating Ctc Oil Co., Inc. Braka Operating L.L.C. Parker Energy Company Parks Rhone Inc. Ridge Oil Company Kroh Operating Llc Buck Wheat Resources Texian Energy Corporat Lowrance Inc. Fambrough Oil & Gas Allied Energy Operating, Llc Delta Oil & Gas Ltd. Jeff Dooley Operating, Llc Dj & T Services, Llc D J & T Energy Burton Services, Inc. Stober Oil And Gas Services, Llc Zagava, Llc Tiki Oil & Gas, Llc Daylight Petroleum Llc Southern Alliance Oil Corp. Ex-Cel Resources Russell Bros Oil & Gas, Inc. Safari Resources, Llc S.B. Street Operating Walton Producing Inc. Mogul Resources, Llc Arcooil Corp Hess Jerry Operating Co. Three P Operating Co.,Gp, L.L.C. Itx Corporation

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Adams '2260' RRC: 28294	Petex	RI	0.0001%	$0
Adams '2260' RRC: 28294	Petex	WI	99.9999%	$0
Adams 2260 RRC: 28294	Petex	WI	80.0000%	$0
Adams 2260 4 RRC: 269833	Petex	WI	80.0000%	$6,080
Aguirre 12 RRC: 265316	G&F Oil, Inc	RI	0.1857%	$0
Aguirre 13 RRC: 31772	G&F Oil, Inc	RI	0.3714%	$0
Alexander-Searcy Uni RRC: 15887	Petex	WI	81.5679%	$80,670
Allar '1034' RRC: 155457	Petex	WI	80.3125%	$2,800
Allar 1034 #2 RRC: 27917	Petex	RI	0.0001%	$0
Allar 1034 #2 RRC: 27917	Petex	WI	99.9999%	$0
Allen 1045 #1 RRC: 261071	Amen Oil Llc	RI	0.0058%	$0
Aspen #1 RRC: 167110	Riptide Energy Llc	RI	0.4167%	$0
Bentley #1 RRC: 154477	Petex	WI	84.3750%	$1,700
Bentley '2952' RRC: 27970	Petex	WI	84.3750%	$8,400
Binney RRC: 26144	Caraway, Robert R.	RI	5.2083%	$0
Binney RRC: 26144	Caraway, Robert R.	RI	5.2083%	$0
Blackburn W. R. '30 RRC: 236882	Petex	WI	83.1605%	$1,700
Black Harold RRC: 156104	Petex	WI	78.9728%	$1,700
Black John RRC: 14438	Basa Resources	RI	0.0195%	$610
Black John RRC: 14438	Basa Resources	RI	0.0059%	$190
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0059%	$120
Block 5 O T Unit RRC: 26561	Petex	WI	81.1701%	$40,030
Bloxom Unit #1 RRC: 173277	Petex	WI	84.6109%	$62,570
Bott Ted (#2 & #3) RRC: 15593	Eastland Operating	RI	0.0558%	$20
Bowman Daniel RRC: 152308	Petex	RI	0.5208%	$0
Briden '2957' RRC: 27961	Petex	WI	85.4985%	$1,700
Brooks R W 'C' RRC: 151872	Petex	WI	75.0000%	$1,700
Brower 3 RRC: 19498	Petex	WI	99.9999%	$0
Brower R E RRC: 186683	Petex	WI	85.1562%	$2,800
Brown RRC: 22883	Ctc Oil Co., Inc.	WI	80.7064%	$359,900
Brown '3379' RRC: 236825	Petex	WI	78.9937%	$0
Brown Coleman 'C' RRC: 19842	Braka Operating L.L.C.	RI	0.2604%	$0
Brown Corbett '1071' RRC: 206864	Petex	WI	83.1391%	$60,230
Brown-Morris RRC: 141319	Petex	WI	81.2500%	$1,700
Buckler J Trust 1c RRC: 187480	Petex	WI	76.8750%	$830
Buckler-Scott RRC: 213481	Petex	WI	80.0000%	$2,800
Buie '1312' RRC: 236635	Petex	WI	81.2500%	$0
Buie '1312' 1 RRC: 212132	Petex	WI	81.2500%	$69,290
Burgess '1100' 1 RRC: 206862	Petex	WI	81.2500%	$1,700
Burton RRC: 25034	Petex	WI	80.0000%	$0
Caldwell 6 RRC: 30277	Parker Energy Company	RI	0.1009%	$1,640
Caldwell 7 RRC: 241459	Parker Energy Company	RI	0.1009%	$260
Caldwell C M RRC: 20313	Parker Energy Company	RI	0.1009%	$0
Callaway #1 RRC: 136391	Petex	WI	73.5932%	$0
Callaway #3 RRC: 167175	Petex	WI	73.5932%	$14,760
Cfc Unit RRC: 26617	Parks Rhone Inc.	RI	0.3875%	$0
Cfc Unit RRC: 26617	Parks Rhone Inc.	RI	0.3875%	$0
Christesson 4 1 RRC: 269363	Petex	RI	0.3125%	$300
Christesson 4 1 RRC: 269363	Petex	WI	85.4413%	$22,670
Clark Lester #1-C RRC: 145280	Petex	WI	80.0000%	$1,290
Compton -20- RRC: 27658	Petex	WI	80.6818%	$2,800
Compton -34- RRC: 069184	Petex	WI	87.5000%	$28,380
Compton '7' 1 RRC: 215650	Petex	WI	81.2500%	$1,700
Compton Don RRC: 27728	Petex	WI	81.2500%	$0
Compton Henry #1 RRC: 31625	Petex	WI	87.5000%	$18,470
Compton Rubye -A- RRC: 087075	Petex	WI	87.5000%	$11,930
Cooper Unit 1 RRC: 273548	Petex	WI	84.0360%	$1,370
Corbett Estate RRC: 150457	Petex	WI	87.0156%	$0
Cozart '2259' 1 RRC: 213053	Petex	WI	83.3333%	$1,700
Cozart 2259 #2 RRC: 262344	Petex	WI	83.3333%	$1,700
Cretsinger 1 RRC: 206861	Petex	WI	80.0000%	$9,940
Crider 1 RRC: 226461	Petex	WI	99.9999%	$0
Crider 2022 Unit 1 RRC: 283331	Petex	WI	83.2586%	$1,700
Crowley L. M. RRC: 03853	Basa Resources	RI	0.1736%	$0
Crowley L M RRC: 03853	Basa Resources	RI	0.1736%	$1,030
Crowley Lm 1 RRC: 229069	Basa Resources	RI	0.1736%	$0
Crudgington '13' 1 RRC: 211991	Petex	WI	81.3541%	$1,700
Crudgington '13'2 RRC: 214872	Petex	WI	81.3541%	$0
C T C Ut RRC: 14756	Ctc Oil Co., Inc.	RI	0.0335%	$130
C T C Ut RRC: 14756	Ctc Oil Co., Inc.	RI	0.2782%	$1,060
C T C Ut RRC: 14756	Ctc Oil Co., Inc.	WI	87.2233%	$119,090
Curry 2023 RRC: 201917	Petex	WI	81.2500%	$1,700
Curry '2023' 2 RRC: 207153	Petex	WI	81.2500%	$0
Curry Cox RRC: 25963	Ridge Oil Company	RI	0.0389%	$0
Curry Heirs '2' 1 RRC: 221405	Petex	WI	81.2500%	$0
Curry Heirs 3 #1 RRC: 269366	Petex	WI	81.2500%	$2,150
Curry John RRC: 28264	Petex	WI	80.0000%	$20,890
Curry O -B- RRC: 03773	Petex	WI	82.9166%	$431,120
Curry Unit RRC: 17517	Petex	WI	81.0986%	$12,750
Curry Unit Tr 02 RRC: 21015	Petex	WI	99.9999%	$0
Daily '1044' Unit RRC: 242502	Kroh Operating Llc	RI	0.0014%	$0
Daily 1313 #1 RRC: 260859	Petex	WI	80.0000%	$2,290
Davis R. RRC: 28930	Buck Wheat Resources	RI	0.0237%	$0
Davis R A 3 RRC: 181403	Buck Wheat Resources	RI	0.0237%	$0
Davis Robbie '1046' RRC: 236446	Petex	WI	78.2500%	$2,160
Davis Robbie '1046' RRC: 236446	Petex	WI	78.2500%	$2,800
Dean RRC: 073828	Petex	WI	87.5000%	$77,730
Dollar '1077' RRC: 149635	Petex	WI	83.3333%	$2,800
Donnel A.D. 1 RRC: 03973	Petex	WI	81.5000%	$0
Donnell A. D. RRC: 03973	Petex	WI	99.9999%	$0
Doyle 34-1 RRC: 206859	Petex	WI	85.3060%	$1,700
Duggan Fambro Ut #1 RRC: 260352	Petex	WI	85.6634%	$1,700
Duggan Harrell Un 2 RRC: 200330	Petex	WI	85.9490%	$1,700
Duggan Harrell Unit RRC: 135543	Petex	WI	82.7051%	$0
Duncan '36' Unit RRC: 236636	Petex	RI	0.1562%	$0
Duncan '36' Unit RRC: 236636	Petex	WI	81.9856%	$1,700
Duncan '36' Unit 1 RRC: 217885	Petex	RI	0.1562%	$0
Duncan '36' Unit 1 RRC: 217885	Petex	WI	81.9856%	$1,700
Dunigan RRC: 113367	Petex	WI	80.0000%	$5,630
Dye 30 Unit 1 RRC: 261976	Petex	WI	80.2581%	$1,700

Showing 100 of 462 mineral interests. Contact us for complete property details.

Frequently Asked Questions

What mineral rights does Petroleum Exploration Company 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.