The town of Andrews sits at the center of one of the more continuously developed parts of the Midland Basin, which gives the tract desk more comparable data here than in most of the surrounding county.

Because Andrews is the county seat, the tract desk has easy access to deed records, unit designations, and permit filings right at the courthouse, which speeds up how quickly it can put a real number together. Tracts close to town have generally seen earlier and denser development than acreage further out, so the underwriting conversation here tends to be about which bench and which vintage of well, not whether development has reached the area.

Comparable Wells Make This Easier to Price

With this much drilling history clustered around town, the tract desk can usually find several comparable wells on the same bench within a short distance of any given tract. That gives both of us more confidence in a number than a rural section with only one or two nearby wells to reference.

Fasken's large holdings and other established operators around Andrews mean development here has generally moved in coordinated phases rather than scattered wildcat wells, which also makes the production history more predictable to read.

What the tract desk asks For First

Your current division order or a recent royalty statement gets the tract desk started fastest. If your minerals haven't been leased or developed yet despite being close to town, that's still worth a conversation, since proximity to established production carries its own value even before a well is drilled on your specific tract.

Fix the Property Line First

Every review begins with the county record, legal description, ownership fraction, lease position, producing status, wells, units, and paid decimal. Surface location can help find a tract, but it does not prove the mineral interest or participation in nearby development.

Place the Tract in the Producing Context

Formation, field, well vintages, spacing, operator acreage, offsets, permits, and development pace around a subject tract belong in separate evidence lanes. The property's own history carries more weight than activity that does not include the acreage.

Reconcile the Revenue Line

Statements, division orders, unit records, volumes, prices, taxes, deductions, downtime, adjustments, burdens, and decimal changes should reconcile before current revenue or remaining production is projected for the tract.

Write the Conveyance

The written purchase file should identify the right conveyed, county, legal description, fractions or acres, depths, products, wells, units, reservations, effective date, receivables, title standard, adjustment rights, funding, and recording sequence.

Texas owner file

Owner Questions for This Texas Property File

Resolve these owner questions before a Texas mineral purchase is reduced to a single dollars-per-acre number.

Does being close to the town of Andrews itself change the value?

It can, mainly because there's more comparable development nearby to underwrite against, which tends to give us more confidence in a number rather than a fundamentally different price.

What if the owner's tract near town hasn't been leased yet?

Undeveloped acreage this close to established Midland Basin activity still carries value, priced with more of a discount since there's no current production, but it's a real conversation.

How quickly can you get through title work here?

Faster than most rural counties, since Andrews County's courthouse records are well organized and centrally located, though multi-heir estates still add time regardless of location.

Do you buy interests in older, shallower wells around town in addition to newer horizontals?

Yes. Andrews has both legacy vertical production and modern Wolfcamp horizontals, and we underwrite each on its own actual statement history rather than assuming one type of well.

What's the biggest factor in your offer for a tract right at the town limits?

Recent, verifiable production data. Proximity gives us more comparables to check, but the number still comes from your specific unit's decline curve and the operator's current activity there.

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Put This Interest on a Tract File

Send the county, property description, producing status, operator or well name, and the documents already available.