Reeves County Mineral Rights | What Are They Worth?
Reeves County sits in the heart of the Delaware Basin and is one of the most active drilling areas in the Permian.
Reeves County, in far West Texas, is a core part of the Delaware Basin, the western half of the Permian. It has been one of the busiest horizontal drilling areas in the country for years. If you own minerals in Reeves County, there is a good chance operators have already drilled near your tract or plan to.
Because activity here is so strong, Reeves County mineral values are among the highest in Texas. Even modest acreage can be worth a meaningful amount, especially if it is leased or producing. Many owners are surprised by both the royalty checks and the buyer offers that come with owning here.
Producing formations in Reeves County
Operators active in the area
Operators in and around Reeves County have included the companies below. The operator on your tract affects how quickly your acreage is developed and the offers you may receive.
- Apache
- Cimarex (Coterra)
- Centennial / Permian Resources
- ConocoPhillips
What drives value in Reeves County
Reeves County value is driven by the stacked Wolfcamp and Bone Spring targets, which let operators drill several productive wells across the same acreage over time. Future drilling locations, not just current wells, are a big part of what your interest is worth.
Strong recent well results and active leasing keep buyer competition high. That competition tends to support firm offers, which is exactly why it pays to know your value before responding to any letter.
Looking at the bigger picture for the state? See our full Texas mineral rights guide for basins, legal notes, and tax notes.
Helpful reading
Reeves County mineral rights FAQ
Are Reeves County mineral rights valuable?
Often yes. Reeves County is a core Delaware Basin area with heavy drilling, so both royalty income and sale values tend to be strong. Your specific value depends on your exact location, net acres, and whether your tract is producing.
Which operators are active in Reeves County?
Operators in and around Reeves County have included Apache, Cimarex (now part of Coterra), Permian Resources, and ConocoPhillips, among others. The operator on your tract affects development pace and the offers you may receive.