Philip R Smith

Q: What mineral rights does Smith Philip R own in Stephens County?

Smith Philip R owns 33 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $16,750. These interests include 0 working interest(s) and 32 royalty interest(s) across 29 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

$16,750

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 32

Cumulative Production (Associated Leases)

Natural Gas: 6.61 MMCF

Oil: 15.42 MMBBL

Operators

Basa Resources Petex Parker Energy Company Cholla Petroleum Braka Operating L.L.C. Delta Oil & Gas Ltd. Texian Energy Corporat Mogul Resources, Llc Eastland Operating Arcooil Corp Daylight Petroleum Llc Buck Wheat Resources

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Black John RRC: 14438	Basa Resources	RI	0.0391%	$1,230
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0391%	$770
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0391%	$640
Brooks R W 'C' RRC: 151872	Petex	RI	0.0178%	$0
Caldwell 6 RRC: 30277	Parker Energy Company	RI	0.2152%	$3,490
Caldwell 7 RRC: 241459	Parker Energy Company	RI	0.2152%	$540
Caldwell C M RRC: 20313	Parker Energy Company	RI	0.2153%	$0
Cockerell L R RRC: 018018	Cholla Petroleum	RI	0.2300%	$0
Crawford S RRC: 185024	Braka Operating L.L.C.	RI	0.0214%	$0
Gray John Estate RRC: 102852	Delta Oil & Gas Ltd.	RI	0.1024%	$0
Gray John Estate RRC: 102852	Delta Oil & Gas Ltd.	RI	0.1024%	$0
Gray John Estate RRC: 102852	Delta Oil & Gas Ltd.	RI	0.1024%	$0
Johnson Fannie T 2 RRC: 184507	Basa Resources	RI	0.2943%	$0
Kennedy G F Tr 01 RRC: 03924	Basa Resources	RI	0.1042%	$4,140
Lauderdale #1 RRC: 30834	Parker Energy Company	RI	0.1042%	$570
Panther Unit RRC: 19901	Texian Energy Corporat	RI	0.3140%	$2,680
Rosenquest 2 RRC: 31624	Texian Energy Corporat	RI	0.4167%	$1,030
Rosenquest N J -A- RRC: 03968	Mogul Resources, Llc	RI	0.2864%	$0
Rosenquest N J -B- RRC: 03969	Mogul Resources, Llc	RI	0.2864%	$0
Roy Massey RRC: 161174	Parker Energy Company	RI	0.1562%	$0
Satterwhite #1 RRC: 122791	Eastland Operating	RI	1.8750%	$390
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.0390%	$270
Stuard Martin RRC: 03740	Arcooil Corp	RI	0.0694%	$0
Thomas R O 'A' RRC: 26872	Daylight Petroleum Llc	RI	0.1042%	$660
Thomas Ro A #5 RRC: 260702	Daylight Petroleum Llc	RI	0.1042%	$160
Thomas R O A'A 4 RRC: 190582	Daylight Petroleum Llc	RI	0.1042%	$180
Tomlin '0' Unit RRC: 03979	Buck Wheat Resources	RI	0.0183%	$0
Tomlin 2022 Unit 1 RRC: 227488	Petex	RI	0.0628%	$0
Tomlin O -A- Unit RRC: 017333	Buck Wheat Resources	RI	0.0046%	$0
Tomlin O 'B' Unit RRC: 26604	Buck Wheat Resources	RI	0.0031%	$0
Tomlin O -B- Unit RRC: 251410	Buck Wheat Resources	RI	0.0031%	$0
Tomlin O Unit RRC: 134849	Buck Wheat Resources	RI	0.0183%	$0
Tomlin O Unit RRC: 134849	Buck Wheat Resources	RI	0.0183%	$0

Frequently Asked Questions

What mineral rights does Smith Philip R 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.