(817) 778-9532

FOR WISCONSIN RESIDENTS

Own Mineral Rights in New Mexico?

We help Wisconsin residents sell mineral rights in the Delaware Basin and Permian Basin areas of New Mexico. Over 1,500 miles away, but we make it easy to sell.

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New Mexico Minerals, Wisconsin Residence

New Mexico and Wisconsin are over 1,500 miles apart. The producing areas of southeastern New Mexico are in a completely different landscape from the dairy farms and forests of Wisconsin, making hands-on management virtually impossible.

Many Wisconsin residents own New Mexico minerals through inheritance or past investments in the Permian Basin. The Delaware Basin portion of southeast New Mexico has become one of the most active drilling regions in the country, making these minerals increasingly valuable and increasingly complex to manage:

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.

The Distance Challenge

Driving from Milwaukee to Carlsbad, New Mexico (heart of the Delaware Basin) is over 1,500 miles and would take more than 22 hours of non-stop driving. Flying requires connections and still involves significant travel time and expense.

Many Wisconsin residents inherited New Mexico minerals from family who worked in the oil fields, ranched in southeastern New Mexico, or invested in the Permian during earlier booms. Converting these distant assets to cash eliminates the ongoing management burden and gives you certainty.

Selling New Mexico Minerals from Wisconsin

1
Tell Us About Your Minerals

County, section/township/range, production

2
We Research & Value

Production data, permits, formation analysis

3
Sign at WI 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. Selling eliminates the need for annual New Mexico filings. You'll also pay Wisconsin state income tax on the gain. 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

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New Mexico Oil & Gas

#3 U.S. oil producer

Top 10 gas producer

33 counties

Delaware Basin hotspot

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