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Ironwood Royalty What’s my value?

Sell Permian Basin mineral rights and royalties

Permian Basin spans Texas and New Mexico. Here is what interests there are worth, the value bands by type, and how to sell directly to a buyer with no commission. Every figure is an estimate subject to verification of your specific interest.

Last updated June 2026.

What are Permian Basin mineral rights worth?

Producing Permian Basin minerals are typically worth 36 to 72 times your average monthly royalty check, the same income multiple used across the industry. Tier 1 producing Permian interests have traded at roughly $30,000 to $60,000 per net royalty acre at the institutional level (Mercer Capital). Retail producing interests in Midland and Martin counties commonly run higher per NRA than non-core acreage. All figures are estimates subject to verification of your specific interest.

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What are your Permian Basin minerals worth?

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The Permian Basin of West Texas and southeast New Mexico is the most active oil play in the United States and the highest-value mineral market we buy in. If you own producing minerals or royalties under Midland, Martin, Reeves, Loving, Howard, Lea, or Eddy county, your interest is in the most sought-after acreage in the country.

Permian Basin is covered on our state hubs for Texas and New Mexico , with the state-specific royalty and title notes that affect value there.

Permian Basin oil and gas by the numbers

We cover 46 counties and parishes in the Permian Basin, with public state-commission records showing 192,244 active wells across 46 of them. The most active operators by well count are Pioneer Natural Resources , Apache Corporation , COG Operating LLC , EOG Resources INC , and Devon Energy Production Company, LP . Producing formations on record in the Permian Basin include Bone Spring, Canyon Sand, Clearfork, Cline, Grayburg, San Andres, Spraberry, Wolfcamp, Yeso.

Permian Basin value bands

Reference ranges for Texas and New Mexico, all estimates subject to verification:

  • Tier 1 producing, institutional: $30,000 to $60,000 per net royalty acre (VERIFIED, Mercer Capital)
  • Retail producing, key locations: $18,000 to $25,000 per net royalty acre (Marketing claim, directional)

These are starting points, not offers. Where your interest actually lands depends on your decline curve, undeveloped upside, operator, royalty rate, and title. The fastest way to see your own number is to run the free estimator.

Counties and parishes we buy in Texas, New Mexico

We buy mineral and royalty interests across the Permian Basin. Choose your county or parish for local value context and the questions owners there ask most.

Andrews County 8,941 active wells Texas → Borden County 692 active wells Texas → Chaves County 6,810 active wells New Mexico → Cochran County 1,315 active wells Texas → Coke County 203 active wells Texas → Crane County 3,967 active wells Texas → Crockett County 7,660 active wells Texas → Crosby County 563 active wells Texas → Culberson County 1,010 active wells Texas → Curry County 61 active wells New Mexico → Dawson County 1,086 active wells Texas → De Baca County 94 active wells New Mexico → Ector County 5,341 active wells Texas → Eddy County 34,356 active wells New Mexico → Fisher County 548 active wells Texas → Gaines County 3,164 active wells Texas → Garza County 2,088 active wells Texas → Glasscock County 3,929 active wells Texas → Guadalupe County 121 active wells New Mexico → Hockley County 3,193 active wells Texas → Howard County 5,370 active wells Texas → Irion County 2,247 active wells Texas → Kent County 572 active wells Texas → Lea County 38,050 active wells New Mexico → Loving County 3,296 active wells Texas → Lubbock County 391 active wells Texas → Martin County 6,111 active wells Texas → Midland County 6,385 active wells Texas → Mitchell County 2,408 active wells Texas → Nolan County 413 active wells Texas → Pecos County 4,217 active wells Texas → Quay County 78 active wells New Mexico → Reagan County 4,391 active wells Texas → Reeves County 5,222 active wells Texas → Roosevelt County 1,615 active wells New Mexico → Schleicher County 976 active wells Texas → Scurry County 2,333 active wells Texas → Sterling County 1,745 active wells Texas → Stonewall County 492 active wells Texas → Sutton County 5,297 active wells Texas → Terry County 721 active wells Texas → Tom Green County 618 active wells Texas → Upton County 4,727 active wells Texas → Ward County 3,689 active wells Texas → Winkler County 1,993 active wells Texas → Yoakum County 3,745 active wells Texas →

Why owners in the Permian Basin sell

Most owners who sell are not in distress. They want certainty instead of a check that rises and falls with commodity prices and well decline, they are settling an estate among several heirs, or they live far from the basin and would rather hold cash than manage a fractional interest. Selling trades future income for a sum now, and the right answer depends entirely on your situation. We will tell you honestly when holding is the better move.

How to sell Permian Basin minerals the right way

Know your range before you talk to any buyer, ask every buyer to quote per net royalty acre so offers are comparable, and ask directly whether the offer accounts for undeveloped drilling upside. For the full walkthrough, see how to sell mineral rights, and if you inherited the interest, start with our guide for heirs.

Permian Basin questions, answered plainly

How much are Permian Basin mineral rights worth?
Producing Permian Basin minerals are valued on a multiple of your royalty income, roughly 36 to 72 times your average monthly check. Tier 1 producing Permian interests have traded at roughly $30,000 to $60,000 per net royalty acre at the institutional level (Mercer Capital). Retail producing interests in Midland and Martin counties commonly run higher per NRA than non-core acreage. All figures are estimates subject to verification of your specific interest.
Who buys Permian Basin mineral rights and royalties?
Ironwood Royalty buys Permian Basin mineral and royalty interests directly from owners as a principal buyer, so the offer comes from us and no broker commission is taken from your proceeds. We show an honest value range before asking for anything.
How fast can I sell Permian Basin minerals?
A clean, single-owner producing interest commonly closes in 15 to 30 days, with a written offer in 1 to 3 business days. Multi-heir or unrecorded title can take 60 to 90 days while the chain of title is cleared.

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