(817) 778-9532

FOR WASHINGTON STATE RESIDENTS

Own Mineral Rights in New Mexico?

We help Washington residents sell mineral rights in the Delaware Basin and Permian Basin areas of New Mexico. The Southwest may feel distant from the Pacific Northwest, but we make the process simple.

Get Your Free Valuation

New Mexico Minerals, Washington Residence

New Mexico's southeastern corner is home to some of the most valuable mineral rights in North America. The Delaware Basin portion of the Permian has attracted billions in investment and driven unprecedented drilling activity. If you're a Washington resident who owns minerals in New Mexico, you have a valuable asset that's quite literally at the opposite corner of the continental United States.

Many Washington residents own New Mexico minerals through inheritance or past investments. Managing these assets from over 1,500 miles away presents challenges:

Understanding New Mexico mineral and pooling laws

Dealing with multiple operators in Lea and Eddy counties

Tracking production across different formations

Filing New Mexico income tax returns for royalty income

Major New Mexico Producing Areas

We buy minerals throughout New Mexico. The state's oil and gas production is concentrated in specific areas:

Delaware Basin

The western portion of the Permian Basin, one of the most active drilling regions in North America. Counties: Lea, Eddy. Multiple pay zones: Wolfcamp, Bone Spring, Avalon.

Permian Basin (NM Portion)

Southeast New Mexico shares the prolific Permian Basin with West Texas. Same geology, same operators, same value potential.

San Juan Basin

Northwest New Mexico natural gas production. Counties: San Juan, Rio Arriba. Mature basin with legacy production.

Other Areas

Production also occurs in Chaves, Roosevelt, and other counties with varying levels of activity.

From Pacific Northwest to Desert Southwest

Washington and New Mexico couldn't be more different in landscape and climate. The rainy Pacific Northwest and the arid desert Southwest represent opposite ends of the American experience. Yet family connections span these distances, and mineral rights often come as unexpected inheritances.

If you inherited New Mexico minerals from family who lived in the Land of Enchantment, or invested in Permian Basin properties years ago, you're now managing one of the country's most valuable mineral assets from thousands of miles away.

Converting these distant assets to cash eliminates the complexity of multi-state tax filings and the hassle of managing production you'll never see, while providing capital for opportunities closer to home.

Selling New Mexico Minerals from Washington

1
Tell Us About Your Minerals

County, section/township/range, production

2
We Research & Value

Production data, permits, formation analysis

3
Sign at WA Notary

No travel to New Mexico required

4
Receive Payment

Wire transfer or certified check

New Mexico-Specific Questions

The Delaware Basin is one of the most active and valuable drilling regions in North America. Minerals in Lea and Eddy counties can command premium prices due to the stacked pay potential (multiple productive formations), active operator development, and proven reserves. Values vary by specific location within the basin.
Yes, New Mexico taxes non-resident income from New Mexico sources, including mineral royalties. You likely need to file a New Mexico non-resident return each year you receive royalties. When you sell, New Mexico may tax the gain. Since Washington has no state income tax, you won't owe state tax in your home state. Consult a tax professional for details.
New Mexico has significant federal land ownership, and some surface landowners receive royalties from federal minerals leased by the BLM. Private mineral ownership works differently. We purchase privately-owned (fee) mineral rights. If you're unsure whether your minerals are private or federal, we can help you determine ownership.
The San Juan Basin is a mature natural gas basin with declining production in many areas. Values are generally lower than the Delaware Basin, but minerals in productive areas still have value. We evaluate all New Mexico minerals and can tell you what your specific interest is worth.

Get a Free Valuation of Your New Mexico Minerals

We'll research your New Mexico mineral rights and provide a written offer. No obligation, no cost.

Start Your Free Valuation

Or call us at (817) 778-9532

Washington Owner Resources

All States Overview

Texas Minerals

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Louisiana Minerals

New Mexico Oil & Gas

#3 U.S. oil producer

Top 10 gas producer

33 counties

Delaware Basin hotspot

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