Pecos has been an oil town for over a century, and Reeves County around it is now one of the busiest corners of the entire Delaware Basin.

Reeves County, with Pecos as its county seat, has drawn heavy, sustained horizontal development across the Wolfcamp and Bone Spring intervals for years now. That level of activity is good news for underwriting confidence, because we usually have plenty of real offset well data to model a Pecos-area interest against instead of guessing.

A lot of the interests we buy near Pecos trace back to ranching families who've held surface and mineral rights across generations, alongside smaller fractional interests created by decades of estate splits. We buy both kinds directly.

What consistent development means for your check

Because Reeves County has seen ongoing multi-well pad development for years, many Pecos-area mineral owners are tied into more than one producing unit, sometimes added in phases as operators drilled additional wells on the same or adjacent sections over time.

We check whether your tract has fully played out its bench potential or whether permits on file suggest more drilling is likely, since that distinction changes how much forward value we're willing to underwrite into an offer.

Working interest exposure around Pecos

Given how much drilling has happened here, we also regularly buy small non-operated working interests from owners tired of monthly joint interest billing on wells well into their decline. We net out projected operating costs and plugging exposure before pricing those, which is why a working interest offer looks different from a royalty offer even on similar wells.

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.

Why has Reeves County seen so much drilling activity?

It sits in a core, heavily developed part of the Delaware Basin with strong Wolfcamp and Bone Spring productivity, which has kept operator interest high for years.

Could the owner's Pecos-area interest be tied to more than one well?

Yes, that's common here given how much phased, multi-well development has occurred. We identify every unit your interest touches before quoting.

Do you buy working interests as well as royalty?

Yes. We buy non-operated working interests and price them net of projected operating expenses and plugging liability, which differs from a royalty-only valuation.

What documents speed up a Pecos-area offer?

A recent division order or check stub gets us moving fastest. If your interest came through inheritance and that paperwork was never gathered, we can usually reconstruct it through Reeves County Clerk records and Railroad Commission filings.

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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.