Martin County sits at the crest of the Midland Basin, and that geologic position is a large part of why it draws such aggressive multi-well development.

Martin County, north of Midland, has been one of the most heavily drilled counties in the Midland Basin over the last decade, with operators running dense, multi-well pad development across the Wolfcamp and Spraberry intervals. If you own minerals or royalty here, that density is exactly why your underwriting looks different from a slower county nearby: more offset wells means more real data to model your interest against, not less.

The tract desk buys these interests directly from families and individual owners, and it has spent enough years reading Martin County type logs and offset production to know that a fair offer here has to be built off actual well performance, section by section, rather than a flat per-acre number pulled from a headline deal somewhere else in the basin.

Stacked-pay density and what it means for your check

Martin County has seen operators develop multiple Wolfcamp benches, along with Spraberry intervals, often on the same pad in sequenced phases. For a mineral owner, that density can mean your interest touches several different units over time as development phases roll through, each with its own decimal interest calculation.

We look at whether your tract has already seen full-bench development or whether there are still untapped intervals underneath it. A section that's only seen one phase of drilling, with permits on file for additional wells, generally carries more forward value than one that's been fully built out.

Operators active in Martin County

Large-scale Permian operators with consolidated Midland Basin positions have run continuous multi-rig programs through parts of Martin County for years, which is part of why decline curves here tend to be well documented and predictable compared to less-developed counties. Consistent operator activity is generally good for underwriting confidence, because we have more comparable wells to model against.

That said, activity has shifted with commodity prices and with how operators prioritize their overall drilling inventory, so we check current permit and rig data for your specific section rather than assuming past pace continues.

Working interest and joint interest billing in Martin County

Because Martin County has seen so much non-operated participation over the years, we regularly buy small working interests here, often 0.5 to 3 percent, from owners tired of receiving monthly joint interest billing statements on wells that are well into their production tail. Those bills for lease operating expenses, workovers, and eventual plugging costs are a real, ongoing liability.

When we underwrite working interest, we net out projected future LOE and any plugging exposure against the remaining production value, which is why a working interest offer and a royalty offer on paper-similar wells can look quite different.

What we need to underwrite your Martin County interest

A recent division order, check stub, or the deed that shows how your interest was created is the fastest path to a real number. If your interest came through inheritance and the paperwork is scattered, we can usually reconstruct ownership through the Martin County Clerk's office and Railroad Commission records.

There's no obligation in sending us that information, and if the honest answer is that your tract is under-drilled and better held for now, we'll tell you that instead of pushing a lowball offer just to close a deal.

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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.

Why does Martin County get compared to Midland County so often?

They sit adjacent in the Midland Basin and share similar Wolfcamp and Spraberry geology, but drilling density, unit configuration, and operator mix differ enough section to section that we underwrite them separately rather than using one county as a proxy for the other.

How many wells might the owner's Martin County royalty interest be tied to?

It depends on how your tract was pooled. Some owners are tied to a single unit and well, others to several units as multi-phase pad development rolled through over the years. We identify all of them before quoting.

Is now a good time to sell in Martin County, or Should an owner wait?

It depends on whether your section still has undeveloped bench potential or has already been fully drilled out. We'll tell you plainly which situation your tract is in rather than pushing you toward a sale either way.

Do you buy interests still tied up in probate?

We can start the underwriting and offer process while probate is pending, though closing typically has to wait until the estate has clear authority to convey. We'll walk you through the sequencing.

What happens when an owner only own a small fractional interest inherited from a grandparent?

Small heir interests are common in Martin County and we buy them regularly. Fractional size doesn't change the process, just the math on the final number.

Do you buy overriding royalty interests separately from mineral interests?

Yes. Martin County has a fair amount of ORRI created in old lease assignments, and we underwrite those the same way we do mineral and royalty interests, based on the specific well or unit the override attaches to and how much production life is left in it.

How do offset permits factor into a Martin County offer?

A permit filed on an adjacent section tells us an operator plans to develop nearby acreage soon, which can support a stronger offer on undeveloped or partially developed tracts. We check current Railroad Commission permit filings on and around your section before quoting.

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