Cody Shelton

Total Interests

$48,830

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 43

Cumulative Production (Associated Leases)

Natural Gas: 9.03 MMCF

Oil: 15.01 MMBBL

Operators

4w Operating, Llc Basa Resources Atlas Operating H. D. Investments Marjac Oil Company, Inc. Delta Oil & Gas Ltd. Texian Energy Corporat E.C. Hindman Oil And Gas Petex Russell Bros Oil & Gas, Inc. Parker Energy Company Zagava, Llc S.B. Street Operating Shiloh Oil Company

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
A B Unit #1 RRC: 147835	4w Operating, Llc	RI	0.9297%	$100
Baber Ackers RRC: 30027	Basa Resources	RI	0.1953%	$0
Baber Ackers Rosenques RRC: 24200	Basa Resources	RI	0.1953%	$50
Black RRC: 25201	Atlas Operating	RI	1.7812%	$120
Black '1176 A' RRC: 120966	H. D. Investments	RI	0.1162%	$0
Black '1176 A' RRC: 120966	H. D. Investments	RI	1.2415%	$60
Black '2060' RRC: 096737	H. D. Investments	RI	1.8594%	$200
Black 23 #1 RRC: 260690	Marjac Oil Company, Inc.	RI	1.8594%	$7,110
Black -27- (Gas) RRC: 104554	H. D. Investments	RI	0.2905%	$0
Black -27- (Gas) RRC: 104554	H. D. Investments	RI	2.6513%	$0
Black -27- (Oil) RRC: 19104	H. D. Investments	RI	0.1162%	$0
Black -27- (Oil) RRC: 19104	H. D. Investments	RI	1.7431%	$0
Black 'A' RRC: 236664	Delta Oil & Gas Ltd.	RI	1.8594%	$0
Black 'A' RRC: 236664	Delta Oil & Gas Ltd.	RI	1.8594%	$940
Black 'A' RRC: 236664	Delta Oil & Gas Ltd.	RI	1.8594%	$0
Black A RRC: 236664	Delta Oil & Gas Ltd.	RI	2.7500%	$0
Black 'B' RRC: 30615	Delta Oil & Gas Ltd.	RI	1.7812%	$1,370
Black-Bass RRC: 25900	Atlas Operating	RI	1.7812%	$0
Black Bros 34b RRC: 261072	Texian Energy Corporat	RI	1.1133%	$4,840
Black Bros -A- RRC: 122946	E.C. Hindman Oil And Gas	RI	1.7187%	$920
Black Bros B #37 RRC: 261627	Texian Energy Corporat	RI	1.1133%	$0
Black Brothers 6a RRC: 251310	Texian Energy Corporat	RI	1.1133%	$0
Black C #1 RRC: 30806	Delta Oil & Gas Ltd.	RI	1.7812%	$0
Black C 4 RRC: 273552	Delta Oil & Gas Ltd.	RI	1.7812%	$0
Black Caddo Unit RRC: 25835	Texian Energy Corporat	RI	1.2787%	$13,000
Black Harold RRC: 156104	Petex	RI	0.6973%	$0
Black Ranch 1 RRC: 197269	Russell Bros Oil & Gas, Inc.	RI	3.7187%	$10,910
Black Ranch -A- RRC: 23678	Atlas Operating	RI	1.7812%	$0
Black Ranch -B- RRC: 24922	Atlas Operating	RI	1.7812%	$0
Black Ranch D RRC: 27354	Atlas Operating	RI	1.7812%	$0
Black-Stivers RRC: 14736	Atlas Operating	RI	1.6701%	$0
Caldwell 6 RRC: 30277	Parker Energy Company	RI	0.3125%	$5,070
Caldwell 7 RRC: 241459	Parker Energy Company	RI	0.3125%	$790
Caldwell C M RRC: 20313	Parker Energy Company	RI	0.3125%	$0
Law 1 RRC: 197191	Zagava, Llc	RI	0.6973%	$0
Muleshoe Ranch 1 RRC: 29565	Texian Energy Corporat	RI	0.9297%	$0
Pendleton 'A' RRC: 115778	S.B. Street Operating	RI	0.4775%	$300
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.1953%	$1,360
Stevenson-Jones Unit RRC: 10661	Petex	RI	0.0029%	$140
Swanson A #1 RRC: 26006	4w Operating, Llc	RI	0.9297%	$0
Welch Josephine RRC: 17635	Basa Resources	RI	0.4297%	$1,550
West Black Caddo Un RRC: 28587	Texian Energy Corporat	RI	1.6864%	$0
Yates RRC: 111761	Shiloh Oil Company	RI	0.0625%	$0
Yates RRC: 111761	Shiloh Oil Company	RI	0.0625%	$0
Yates RRC: 111761	Shiloh Oil Company	RI	0.0625%	$0
Yates (Mcafee) RRC: 13974	Shiloh Oil Company	RI	0.0625%	$0

Frequently Asked Questions

What mineral rights does Shelton Cody own in Stephens County?

Shelton Cody owns 46 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $48,830. These interests include 0 working interest(s) and 43 royalty interest(s) across 39 lease(s).

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.

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.

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.

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.

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.