Michael J Phillips

Q: What mineral rights does Phillips Michael J own in Tarrant County?

Phillips Michael J owns 28 mineral interest(s) in Tarrant County, Texas, with a combined appraised value of $2,708. These interests include 0 working interest(s) and 28 royalty interest(s) across 28 lease(s).

Q: 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.

Q: 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.

Q: 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.

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 Tarrant County hold royalty interests.

Total Interests

$2,708

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 28

Cumulative Production (Associated Leases)

Natural Gas: 89.57 MMCF

Oil: 258 BBL

Operators

Tep Barnett Usa Bkv North Texas, Llc Eagleridge Operating

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Big Daddy #1h RRC: 257711	Tep Barnett Usa	RI	0.0234%	$108
Canucks #1h RRC: 267282	Tep Barnett Usa	RI	0.0398%	$190
Canucks #3h RRC: 269891	Tep Barnett Usa	RI	0.0398%	$292
Ederville #1h RRC: 259015	Tep Barnett Usa	RI	0.0156%	$32
Ederville #2h RRC: 269818	Tep Barnett Usa	RI	0.0156%	$78
Ederville #4h RRC: 270090	Tep Barnett Usa	RI	0.0156%	$43
Ederville #5h RRC: 271220	Tep Barnett Usa	RI	0.0156%	$12
Ederville #6h RRC: 271222	Tep Barnett Usa	RI	0.0156%	$56
Gm West #1h RRC: 257015	Tep Barnett Usa	RI	0.0310%	$19
Junkyard #1h RRC: 250244	Tep Barnett Usa	RI	0.1305%	$174
Lancaster #1h RRC: 266760	Tep Barnett Usa	RI	0.0270%	$374
Lancaster #2h RRC: 270158	Tep Barnett Usa	RI	0.0270%	$421
Mb A Unit #1h RRC: 260206	Bkv North Texas, Llc	RI	0.0089%	$33
Mb A Unit #2h RRC: 260210	Bkv North Texas, Llc	RI	0.0089%	$40
Mb B Unit #1h RRC: 260213	Bkv North Texas, Llc	RI	0.0090%	$66
Mount Tabor #1h RRC: 257274	Tep Barnett Usa	RI	0.0339%	$137
Mount Tabor #2h RRC: 272246	Tep Barnett Usa	RI	0.0339%	$103
Ram Unit #1h RRC: 252491	Bkv North Texas, Llc	RI	0.0012%	$10
Rosedale South #1h RRC: 269739	Eagleridge Operating	RI	0.0126%	$10
Rosedale West #2h RRC: 269770	Eagleridge Operating	RI	0.0060%	$40
Southcliff West # 1h Crwfwc RRC: 263452	Eagleridge Operating	RI	0.0143%	$13
Southcliff West # 1h Fw_fwc RRC: 263452	Eagleridge Operating	RI	0.0143%	$61
Twu A Unit #1h RRC: 260643	Bkv North Texas, Llc	RI	0.0036%	$10
Twu B Unit #1h RRC: 260639	Bkv North Texas, Llc	RI	0.0059%	$22
Vaquero #1h RRC: 261724	Tep Barnett Usa	RI	0.0123%	$106
Vaquero #2h RRC: 271253	Tep Barnett Usa	RI	0.0123%	$83
Vaquero #3h RRC: 271257	Tep Barnett Usa	RI	0.0123%	$81
Vaquero #4h RRC: 271249	Tep Barnett Usa	RI	0.0123%	$94

Frequently Asked Questions

What mineral rights does Phillips Michael J own in Tarrant County?

How can I sell my Tarrant County mineral rights?

What is the Barnett Shale?

How much are Tarrant County mineral rights worth?

What is the difference between working interest and royalty interest?

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 2007.