Sell Mineral Rights in Reagan County, TX

Reagan County, seated in Big Lake, has been one of the steadier producing counties in the Midland Basin for decades, first through conventional development and more recently through horizontal Wolfcamp and Spraberry drilling.

The tract desk spent years on the operator side before it started buying minerals directly, and Reagan County is one it knows well from that work. It's not the flashiest county in the current Permian headlines, but it's been a consistent producer for a long time, which actually makes it easier to underwrite carefully -- there's a real track record to build a decline model from instead of guessing.

If you own minerals here, whether under an active well, a recently permitted unit, or ground that hasn't been touched in years, the tract desk wants to walk you through exactly how it would build an offer before you decide whether selling makes sense for you.

How the tract desk reads a Reagan County decline curve

Most horizontal wells in this county follow a fairly standard Wolfcamp or Spraberry pattern -- a steep first-year decline, then a longer, flatter tail that can run for years. The tract desk pulls your specific statement history to see exactly where your well sits on that curve, then check it against nearby comparable wells to make sure the pattern holds. If your well is behaving differently than its neighbors, the tract desk wants to understand why before it finalizes a number, because that difference usually points to something real -- a mechanical issue, a better completion, or a different landing zone.

The tract desk also account for commodity price sensitivity directly rather than pricing off a single snapshot. Oil and gas prices move, and the tract desk builds in current strip pricing along with a reasonable range around it, so the offer reflects where things actually stand, not where they were six months ago.

One thing the tract desk always check in a county with this much conventional history layered under newer horizontal wells: whether your interest is tied to a legacy vertical well, a modern horizontal, or both. Reagan County has plenty of older wells still producing small, steady volumes decades after they went in, and that long-tail production has real, calculable value even if the monthly check looks modest next to a newer horizontal.

Stacked pay and what's still undeveloped

A meaningful share of Reagan County acreage has more than one productive zone under a given section -- Wolfcamp A, B, sometimes C, plus Spraberry intervals above. If your tract has only seen one bench developed so far, that matters to the offer, because there may be real remaining value in zones nobody has drilled yet.

The tract desk checks current Railroad Commission permits on offset sections as part of every underwriting pass, since a permit filed nearby is a much stronger signal of near-term development than a lease that's simply sitting on the books. If activity has picked up around your tract in the last year or two, the tract desk factors that into the offer; if it's gone quiet, it is honest about that too rather than pricing on hope.

Ownership situations the tract desk sees most in this county

A lot of Reagan County mineral ownership traces back to ranch families who held onto their minerals when they sold or leased surface acreage generations ago. That means fractional interests split across multiple heirs are common, and the tract desk regularly works with one sibling or cousin at a time on a shared family interest, or coordinate a group sale if that's what the family wants.

The tract desk also sees a fair number of owners who inherited an interest without clean paperwork -- no recent division order, an old will referenced but never fully probated, that kind of thing. That's genuinely normal here, and it's not a reason to wait. The tract desk pulls the courthouse records directly, confirm what you actually own, and walk you through anything that needs to be cleared up before closing, rather than asking you to hire a landman or attorney before we've even talked numbers.

Process and what to expect

Send the tract desk a copy of your deed or most recent division order, along with a few months of royalty statements if your interest is producing. That's enough for the tract desk to pull county and Railroad Commission records and start building a real number, not a rough estimate.

Once you accept an offer, most Reagan County closings run three to five weeks, largely driven by how quickly the county clerk and the operator's division order department turn around confirmations. The tract desk keeps you updated at each step rather than going quiet until the closing documents show up.