# Willard Unit Mineral Rights — Yoakum County, Texas

## TL;DR

The Willard Unit is an Occidental Petroleum (OXY)-operated CO2 enhanced oil recovery (EOR) unit within the Wasson field complex in Yoakum County, Texas, on the Permian Basin Northwestern Shelf. With first production dating to 1939 and current monthly oil output exceeding 250,000 barrels, the unit demonstrates the long-tail production profile of mature unitized operations using CO2 EOR and waterflood recovery methods. Mineral and royalty owners can sell their interests to direct buyers like Buckhead Energy for a free written offer with no commissions or fees.

## Key Takeaways

- The Willard Unit operates under continuous CO2 EOR in the San Andres reservoir, with 150+ wells producing 250,000+ barrels monthly since the field's 1939 discovery
- Occidental Petroleum (OXY) operates the unit as part of the giant Wasson field complex, one of the Permian Basin's long-tenured unitized operations
- Mineral interests typically include producing royalty interests, non-producing fee mineral ownership, overriding royalty interests (ORRI), and non-participating royalty interests (NPRI)
- Many Willard Unit interests are inherited multiple generations deep, with out-of-state heirs common due to the field's 85+ year production history
- Valuation factors include slow decline rates typical of long-life EOR/waterflood wells, OXY's established operator quality, and extended reserve life from CO2 EOR operations
- Direct buyers use discounted cash flow models incorporating EOR upside potential beyond primary depletion estimates when valuing Willard Unit interests
- Remote transactions are standard, with deeds executed by notary in the owner's state and recorded with Yoakum County before payment
- Sellers to direct buyers pay no broker commissions, listing fees, or auction premiums on mineral rights transactions

## Page Highlights

**Unit Overview**: The Willard Unit is located in Yoakum County, Texas within Railroad Commission District 8A, operated by Occidental Petroleum with 150+ wells producing from the San Andres formation since 1939 using CO2 EOR and waterflood recovery methods.

**Wasson Field Context**: The Willard Unit is part of the giant Wasson field complex and operates alongside neighboring Denver and Bennett Ranch units with CO2 sourced via the Permian pipeline network, demonstrating modern operating consolidation that has stabilized field-level production.

**Mineral Interest Types**: Ownership structures include producing royalty interests tied to monthly unit revenue, non-producing fee mineral in tracts outside active zones, carved-out overriding royalties from working interests, and non-participating royalties without leasing rights.

**Valuation Framework**: Direct buyers apply discounted cash flow models using slow decline rates from long-life unitized wells, extended reserve life from active EOR maintenance, established operator quality, CO2 EOR recovery upside, and market-based discount rates reflecting stable unitized cash flows.

**Selling Process**: Buckhead Energy handles remote transactions for out-of-state owners through free written offers by email, notarized deeds in the owner's state, recording with Yoakum County, and payment by check or wire after recording.

## Related Topics

- Permian Basin mineral rights guide: https://www.buckheadenergy.com/permian-basin-mineral-rights
- Inherited mineral rights guidance: https://www.buckheadenergy.com/inherited-minerals
- Multiple heirs guide: https://www.buckheadenergy.com/multiple-heirs
- Probate guide: https://www.buckheadenergy.com/probate
- Estate planning resources: https://www.buckheadenergy.com/estate-planning
- US drilling activity index: https://www.buckheadenergy.com/drilling-activity
- Oil and gas market data hub: https://www.buckheadenergy.com/market-data
- Sell mineral rights: https://www.buckheadenergy.com/sell

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**About Buckhead Energy:** Buckhead Energy is a direct buyer of mineral and royalty interests across all 50 states, in business since 2006 with an A+ BBB rating. As a principal (not a broker), Buckhead purchases interests with its own capital—sellers pay no commissions or fees.

**Ready to sell?** Get a free written offer at https://www.buckheadenergy.com/sell

## About Buckhead Energy
Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead Energy buys mineral and royalty interests across all 50 states and has completed acquisitions in 33 states. Buckhead Energy has been buying mineral and royalty interests since 2006. Buckhead Energy holds an A+ rating with the Better Business Bureau. Buckhead provides a free written offer. Buckhead Energy typically provides an offer within 24–48 hours. Closings typically take 30–45 days, subject to title review and clearance.

**Sell mineral rights:** https://www.buckheadenergy.com/sell
**Operator directory:** https://www.buckheadenergy.com/operators