Rhett Smith

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

Smith Rhett owns 74 mineral interest(s) in Stephens County, Texas, with a combined appraised value of $47,020. These interests include 0 working interest(s) and 74 royalty interest(s) across 64 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

$47,020

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 74

Cumulative Production (Associated Leases)

Natural Gas: 25.45 MMCF

Oil: 40.47 MMBBL

Operators

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

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Black John RRC: 14438	Basa Resources	RI	0.0089%	$280
Black John RRC: 14438	Basa Resources	RI	0.0391%	$1,230
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0391%	$640
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0089%	$170
Black-Stoker (Caddo) U RRC: 12322	Basa Resources	RI	0.0391%	$770
Bloxom Unit #1 RRC: 173277	Petex	RI	0.0799%	$160
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	0.2152%	$0
Carlisle James RRC: 22189	Basa Resources	RI	0.0195%	$740
County Line 10 RRC: 182009	Griffin Resources	RI	0.0014%	$0
County Line 11 12a RRC: 183492	Griffin Resources	RI	0.0014%	$0
County Line 11 A14 RRC: 183494	Griffin Resources	RI	0.0014%	$0
County Line 11 A16 RRC: 183276	Griffin Resources	RI	0.0014%	$0
County Line 11 A18 RRC: 183301	Griffin Resources	RI	0.0014%	$0
County Line 11 A20 RRC: 184811	Griffin Resources	RI	0.0014%	$0
County Line 11 A21 RRC: 184813	Griffin Resources	RI	0.0014%	$0
County Line 11 A23 RRC: 184815	Griffin Resources	RI	0.0014%	$0
County Line 11 A24 RRC: 184816	Griffin Resources	RI	0.0014%	$0
County Line 11 A29 RRC: 186240	Griffin Resources	RI	0.0014%	$0
County Line 11 A 30 RRC: 186241	Griffin Resources	RI	0.0014%	$0
County Line 11 A 32 RRC: 186244	Griffin Resources	RI	0.0014%	$0
County Line 11a 33 RRC: 185645	Griffin Resources	RI	0.0014%	$0
County Line 22 11a RRC: 183491	Griffin Resources	RI	0.0014%	$0
County Line 22 13a RRC: 183493	Griffin Resources	RI	0.0014%	$0
County Line 22 A22 RRC: 184814	Griffin Resources	RI	0.0014%	$0
County Line 22 A26 RRC: 184486	Griffin Resources	RI	0.0014%	$0
County Line 22 A27 RRC: 184818	Griffin Resources	RI	0.0014%	$0
County Line 22 A34 RRC: 184820	Griffin Resources	RI	0.0014%	$0
County Line 22 A35 RRC: 184821	Griffin Resources	RI	0.0014%	$0
County Line 22a 36 RRC: 185531	Griffin Resources	RI	0.0014%	$0
County Line 22a 37 RRC: 185644	Griffin Resources	RI	0.0014%	$0
County Line 22a 41 RRC: 185888	Griffin Resources	RI	0.0014%	$0
County Line 9 RRC: 181148	Griffin Resources	RI	0.0014%	$0
Davis R. RRC: 28930	Buck Wheat Resources	RI	0.0355%	$0
Davis R A 3 RRC: 181403	Buck Wheat Resources	RI	0.0355%	$0
E Eliasville Caddo Uni RRC: 14358	Basa Resources	RI	0.3630%	$2,190
Grammer 1a RRC: 286487	Eastland Operating	RI	0.0355%	$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
Kennedy '1031' Unit RRC: 238009	Petex	RI	0.0475%	$490
Kennedy G F Tr 01 RRC: 03924	Basa Resources	RI	0.1042%	$4,140
Knight Greenlee231.2 RRC: 193854	Petex	RI	3.4722%	$0
Lauderdale #1 RRC: 30834	Parker Energy Company	RI	0.1042%	$570
Ledbetter RRC: 110722	Zagava, Llc	RI	0.3385%	$20
Ledbetter RRC: 110722	Zagava, Llc	RI	0.3385%	$0
Panther Unit RRC: 19901	Texian Energy Corporat	RI	0.0041%	$30
Panther Unit RRC: 19901	Texian Energy Corporat	RI	0.3140%	$2,680
Pritchard #2 RRC: 123313	Braka Operating L.L.C.	RI	0.0339%	$0
Pritchard 3 RRC: 123314	Braka Operating L.L.C.	RI	0.0339%	$0
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
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.1704%	$2,420
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.8875%	$15,500
Se Breckenridge Unit T RRC: 12216	Basa Resources	RI	0.0390%	$270
Shaw '13' Unit RRC: 242534	Petex	RI	2.0105%	$1,980
Southeast Ward Un Ph RRC: 23519	Basa Resources	RI	0.0710%	$40
Speer A C Est RRC: 12576	Eastland Operating	RI	0.0447%	$0
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
Ward E C RRC: 16574	Basa Resources	RI	0.5740%	$6,640
Waters '13' RRC: 245558	Stober Oil And Gas Services, Llc	RI	5.5555%	$0

Frequently Asked Questions

What mineral rights does Smith Rhett 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.