Carol T Gray

Total Interests

$21,824

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 38

Cumulative Production (Associated Leases)

Natural Gas: 101.97 MMCF

Oil: 201 BBL

Operators

Bkv North Texas, Llc

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Neill, Wayne #1 H RRC: 230563	Bkv North Texas, Llc	RI	0.8333%	$224
Neill, Wayne #2 H RRC: 231339	Bkv North Texas, Llc	RI	0.8333%	$757
Txu Eml Unit #A 1h RRC: 237069	Bkv North Texas, Llc	RI	0.8289%	$2,836
Txu Eml Unit #A 2h RRC: 237056	Bkv North Texas, Llc	RI	0.8289%	$1,871
Txu Eml Unit #B 1h RRC: 250545	Bkv North Texas, Llc	RI	0.8289%	$4,174
Txu Eml Unit #B 2h RRC: 249858	Bkv North Texas, Llc	RI	0.8289%	$2,389
Txu Eml Unit #B 3h RRC: 249820	Bkv North Texas, Llc	RI	0.8289%	$1,676
Txu Trwd N Unit #10h Azl Tr RRC: 239311	Bkv North Texas, Llc	RI	0.0795%	$82
Txu Trwd N Unit #10h Ems Tr RRC: 239311	Bkv North Texas, Llc	RI	0.0795%	$100
Txu Trwd N Unit #11h Azl Tr RRC: 263451	Bkv North Texas, Llc	RI	0.0795%	$207
Txu Trwd N Unit #11h Ems Tr RRC: 263451	Bkv North Texas, Llc	RI	0.0795%	$253
Txu Trwd N Unit #12h Azl Tr RRC: 251963	Bkv North Texas, Llc	RI	0.0795%	$260
Txu Trwd N Unit #12h Ems Tr RRC: 251963	Bkv North Texas, Llc	RI	0.0795%	$318
Txu Trwd N Unit # 1h Azl Tr RRC: 263120	Bkv North Texas, Llc	RI	0.0795%	$375
Txu Trwd N Unit # 1h Ems Tr RRC: 263120	Bkv North Texas, Llc	RI	0.0795%	$458
Txu Trwd N Unit # 2h Azl Tr RRC: 245419	Bkv North Texas, Llc	RI	0.0795%	$140
Txu Trwd N Unit # 2h Ems Tr RRC: 245419	Bkv North Texas, Llc	RI	0.0795%	$172
Txu Trwd N Unit # 3h Azl Tr RRC: 263203	Bkv North Texas, Llc	RI	0.0795%	$110
Txu Trwd N Unit # 3h Ems Tr RRC: 263203	Bkv North Texas, Llc	RI	0.0795%	$134
Txu Trwd N Unit # 4h Azl Tr RRC: 263211	Bkv North Texas, Llc	RI	0.0795%	$174
Txu Trwd N Unit # 4h Ems Tr RRC: 263211	Bkv North Texas, Llc	RI	0.0795%	$212
Txu Trwd N Unit # 5h Azl Tr RRC: 263356	Bkv North Texas, Llc	RI	0.0795%	$123
Txu Trwd N Unit # 5h Ems Tr RRC: 263356	Bkv North Texas, Llc	RI	0.0795%	$151
Txu Trwd N Unit # 6h Azl Tr RRC: 241240	Bkv North Texas, Llc	RI	0.0795%	$197
Txu Trwd N Unit # 6h Ems Tr RRC: 241240	Bkv North Texas, Llc	RI	0.0795%	$240
Txu Trwd N Unit # 7h Azl Tr RRC: 263359	Bkv North Texas, Llc	RI	0.0795%	$204
Txu Trwd N Unit # 7h Ems Tr RRC: 263359	Bkv North Texas, Llc	RI	0.0795%	$249
Txu Trwd N Unit # 8h Azl Tr RRC: 263360	Bkv North Texas, Llc	RI	0.0795%	$10
Txu Trwd N Unit # 8h Ems Tr RRC: 263360	Bkv North Texas, Llc	RI	0.0795%	$10
Txu Trwd N Unit # 9h Azl Tr RRC: 263388	Bkv North Texas, Llc	RI	0.0795%	$181
Txu Trwd N Unit # 9h Ems Tr RRC: 263388	Bkv North Texas, Llc	RI	0.0795%	$221
Txu Trwd S Unit #13h Azl Tr RRC: 250627	Bkv North Texas, Llc	RI	0.0359%	$188
Txu Trwd S Unit #13h Ems Tr RRC: 250627	Bkv North Texas, Llc	RI	0.0359%	$230
Txu Trwd S Unit #17h Azl Tr RRC: 239282	Bkv North Texas, Llc	RI	0.0359%	$109
Txu Trwd S Unit #17h Ems Tr RRC: 239282	Bkv North Texas, Llc	RI	0.0359%	$134
Txu Trwd S Unit #21h Azl Tr RRC: 251954	Bkv North Texas, Llc	RI	0.0359%	$0
Txu Trwd S Unit #21h Ems Tr RRC: 251954	Bkv North Texas, Llc	RI	0.0359%	$0
West Fork Unit #3h RRC: 259431	Bkv North Texas, Llc	RI	0.8910%	$2,655

Frequently Asked Questions

What mineral rights does Gray Carol T own in Tarrant County?

Gray Carol T owns 38 mineral interest(s) in Tarrant County, Texas, with a combined appraised value of $21,824. These interests include 0 working interest(s) and 38 royalty interest(s) across 38 lease(s).

How can I sell my Tarrant County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Tarrant County and throughout the Barnett Shale. We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

What is the Barnett Shale?

The Barnett Shale is one of the largest onshore natural gas fields in the United States, located primarily in the Fort Worth Basin of North-Central Texas. Tarrant County sits at the heart of this prolific formation, which pioneered modern horizontal drilling and hydraulic fracturing techniques.

How much are Tarrant County mineral rights worth?

Mineral rights values in Tarrant County vary based on factors including current production, lease terms, operator activity, and commodity prices. The Barnett Shale is a mature play, so valuations typically reflect declining production curves. 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 Tarrant County hold royalty interests.

About Tarrant County & The Barnett Shale

Tarrant County is located in North-Central Texas and is home to Fort Worth, the 13th largest city in the United States. The county sits at the heart of the Barnett Shale, which was the first major shale formation in the U.S. to be commercially developed using horizontal drilling and hydraulic fracturing.

The Barnett Shale has produced over 20 trillion cubic feet of natural gas since development began in earnest in the early 2000s. While production has declined from its peak in 2011-2012, the formation remains an important source of domestic natural gas.

Many mineral owners in Tarrant County have been receiving royalty payments for 15-20 years. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy has been purchasing mineral rights in the Barnett Shale since 2006.