Sell Your Mineral Rights in Eddy County County, NM

If you own mineral rights in Eddy County, you're sitting on acreage in one of the most aggressively drilled corners of the entire Permian Basin. The Delaware Basin here is producing real oil, real royalties, and real buyer interest — and values are strong right now. Whether you just got an offer or are trying to figure out what you actually have, you deserve straight answers.

ASSET OVERVIEW

Est. per Acre

$3,000–$12,000

per net royalty acre

Active Wells

4,200+

Drilling Activity

Core Basin

Delaware Basin (Permian Basin)

Primary Formation

Primary Resource

Oil

Commodity Type

What's Actually Happening in Eddy County Right Now

Eddy County sits in the heart of the Delaware Basin — the western sub-basin of the Permian — and it is one of the most actively drilled counties in New Mexico. Major operators including Occidental, Devon, and Coterra are running rigs here consistently, targeting stacked pay zones that can produce oil from multiple formations on a single well pad. If you've received an unsolicited offer on your minerals recently, that's not a coincidence — buyers are actively hunting for acreage in this county because the economics of drilling here are among the best in the country. Before you sign anything or dismiss an offer, it's worth understanding what you actually own and what it's worth on the open market today.

Eddy County by the Numbers

4,200+

wells

Active Wells (approx.)

$500 – $2,500

per acre (est.)

Estimated Mineral Value (undeveloped, unproved)

$3,000 – $12,000+

per acre (est.)

Estimated Mineral Value (proved / producing royalties)

7,000 – 12,000

feet

Primary Target Depth (Bone Spring / Wolfcamp)

Oil

(with associated gas)

Primary Commodity

Who's Operating in Eddy County

Occidental Petroleum

OXY

Devon Energy

DVN

Coterra Energy

CTRA

Mewbourne Oil Company

Private

Chevron

CVX

EOG Resources

EOG

What's in the Ground

Bone Spring

Delaware Basin

The Bone Spring is one of the primary targets in Eddy County and produces significant oil volumes. It's a stacked formation with multiple benches — 1st, 2nd, and 3rd Bone Spring — meaning operators can drill several horizontal wells on the same surface location and pull oil from different depths. This stacking potential is a big part of why Eddy County mineral rights are valued so highly.

Wolfcamp

Delaware Basin

The Wolfcamp shale runs deep beneath Eddy County and is one of the most prolific oil-producing formations in the entire Permian Basin. Horizontal wells here can produce for 20–30 years with the right reservoir conditions. Wolfcamp development is widespread in this county and adds meaningful value to any acreage that sits above it.

Delaware Mountain Group

Delaware Basin

The Delaware Mountain Group — including the Bell Canyon and Cherry Canyon intervals — has seen increasing interest as operators look for additional pay zones on already-developed acreage. Production here tends to be lighter oil with good flow rates. It's not the headline formation, but it adds to the stacked potential that makes this county attractive.

Questions We Hear From Eddy County Owners

I got an offer out of the blue. Should I just take it?
Not without doing some homework first. Unsolicited offers in Eddy County are common right now, and they're almost always below market value — that's the nature of the business. The company making the offer knows exactly what your acreage is worth; you should too before you respond. Getting a second opinion costs you nothing and could mean thousands of dollars. We can give you a free valuation with no pressure to sell.
I inherited these minerals and I'm not even sure if there's a well on them. How do I find out?
The New Mexico Oil Conservation Division (OCD) maintains public records of all permitted and producing wells in the state. You can search by legal description or look up your property in the OCD's online GIS system. If you're not sure of your legal description, that information should be in the deed or probate documents from the inheritance. We can also help you look this up — it's a normal first step and we do it regularly.
My minerals are currently producing and I get a royalty check. What are they actually worth if I sell?
Producing minerals in Eddy County typically sell for a multiple of your monthly or annual royalty income — often in the range of 4 to 6 years of royalty cash flow, sometimes more if there's significant undeveloped acreage or remaining well inventory. So if you're making $1,000 per month in royalties, a sale might realistically bring $50,000 to $75,000 or more depending on the specific acreage, well performance, and operator. These are estimates — the real number depends on your specific tract — but that's the general framework buyers use.

What to Know About Eddy County

New Mexico Severance and Property Taxes

New Mexico levies a severance tax on oil and gas production, which is typically deducted before you receive your royalty payment. Mineral rights in New Mexico are also subject to ad valorem (property) taxes assessed by the county. If your minerals are producing, you may receive a tax bill from Eddy County — this is normal and expected.

Surface vs. Mineral Rights

In New Mexico, mineral rights are frequently severed from surface rights — meaning you can own the minerals under land that someone else owns the surface of, and vice versa. If you inherited or purchased mineral rights specifically, you likely own the minerals only. This doesn't affect your royalty income but it's important to understand what you actually hold when evaluating your asset.

New Mexico Pooling and Spacing Rules

New Mexico has oil and gas spacing regulations administered by the Oil Conservation Division. Operators must obtain drilling permits and comply with setback and spacing requirements. If you haven't signed a lease yet, an operator may still be able to include your acreage in a unit under certain conditions — understanding your rights here matters, especially if you're in an area seeing active permitting.

Heir Complications Are Common

Many mineral right owners in Eddy County inherited fractional interests across multiple family members over generations. If your ownership traces back to a homestead or an old estate, you may own a fraction of the whole — something like 1/8 of the mineral interest under a given parcel. This doesn't mean your rights aren't valuable, but it does affect how buyers structure offers and what you should expect in a sale.

How a Sale Works

You Request a Valuation

The first step is simply telling us what you own — the county, the legal description if you have it, and whether there's any current production. We'll research the acreage, look at nearby well activity, and come back to you with an honest range of what it's worth today.

We Make an Offer (or Help You Evaluate One)

If we're interested in acquiring your minerals, we'll make you a written offer. If you've already received an offer from someone else, we can tell you whether it looks fair or whether you should be pushing for more. No obligation either way.

Title Review and Due Diligence

Once you accept an offer, there's typically a 30–60 day period where the buyer reviews your title to confirm ownership. This is standard. You'll want to gather any deeds, probate documents, or prior leases you have — but we can help guide you through what's needed.

Closing and Payment

Mineral rights sales close like real estate transactions — you sign a deed conveying the minerals, and you receive a lump-sum payment. In New Mexico, this is typically done through a title company or attorney. The whole process from first conversation to check in hand usually takes 30–90 days.

Find Out What Your Eddy County Minerals Are Worth

You don't need to make any decisions today. The first step is just a conversation — tell us what you own and we'll give you an honest, no-cost valuation based on real market data. No pressure, no obligation.

Get My Free Valuation
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