Sell Cheyenne County mineral rights
What Cheyenne County mineral and royalty interests are worth, who buys them, and how to sell directly to a principal buyer with no commission. Every figure is an estimate subject to verification of your specific interest.
Last updated June 2026.
What are Cheyenne County mineral rights worth?
Cheyenne County sits in the DJ Basin Niobrara play and is a smaller producing county. Producing interests are valued on the standard income multiple, roughly 36 to 72 times your average monthly royalty check, and value moves with both oil and gas prices. Production here is real but modest, so a royalty is typically a smaller, steadier check valued on the same multiple. This is an estimate, subject to verification of your specific interest, not an offer.
Cheyenne County is DJ Basin Niobrara play acreage, on the southeastern DJ Basin shelf near the Las Animas Arch. The producing rock under Cheyenne County includes the Niobrara and Codell, giving owners a royalty check drawn from both oil and gas. Citation Oil & Gas Corp, Mull Drilling Company INC, and P O & G Operating LLC are among the operators on record here. Many interests here are decades-old legacy minerals, and owners sell to clean up an estate or turn a small steady check into cash.
Cheyenne County oil and gas activity
Public state commission records show 469 active oil and gas wells in Cheyenne County . These figures are pulled from the state oil and gas commission and are an activity snapshot, not a measure of any one owner's interest.
Top operators in Cheyenne County
The most active operators in Cheyenne County by well count, from the state commission. We name operators because the record is public; this is not an endorsement and implies no relationship.
- Citation Oil & Gas Corp (180 wells)
- Mull Drilling Company INC (105 wells)
- P O & G Operating LLC (49 wells)
- Loeb LLC* Herman L (24 wells)
- Wavetech Helium INC (15 wells)
Producing formations in Cheyenne County
The formations and pools that actually produce in Cheyenne County, from the well records:
Royalties here are valued on the standard income multiple, roughly 36 to 72 times the average monthly royalty check, with value resting on existing production at a smaller, steadier scale. Because production is a mix of oil and gas, value moves with both oil and gas prices. This is an estimate, subject to verification, not an offer.
How Cheyenne County minerals are valued
Producing interests anywhere are valued on a multiple of the income they pay: roughly 36 to 72 times your average monthly royalty check, the same as 3 to 6 times your annual royalty. Average your last three to six checks, then multiply. Where you land inside that band depends mostly on how fast your wells decline, plus the operator, royalty rate, and any undeveloped drilling upside. For the full method and a free on-screen estimate, see what are my mineral rights worth.
Who buys mineral rights in Cheyenne County
Cheyenne County owners hear from brokers, marketplaces, and direct buyers. A broker lists your interest and takes a commission, usually up to 6 percent of your proceeds. Ironwood Royalty is a principal buyer, which means the offer comes from us and there is no commission in the middle. We show you a value range before we ask for anything, explain the undeveloped upside instead of quietly keeping it, and never use a 72-hour deadline to rush a decision on a generational asset.
How to sell Cheyenne County minerals
The order of operations is the same everywhere, and it protects you:
- Know your value range before you talk to any buyer.
- Ask every buyer to quote per net royalty acre so offers are truly comparable.
- Ask directly whether the offer accounts for undeveloped drilling upside.
- Confirm the price is firm and not subject to a quiet reduction during due diligence.
See the full walkthrough in how to sell mineral rights. If you inherited the interest, start with our guide for heirs, which covers recording title and the stepped-up basis that can make a near-term sale very tax-efficient.
Cheyenne County is part of the DJ Basin. For the basin-wide value bands and the other counties we buy in, see the DJ Basin page.
Cheyenne County mineral rights questions
- How much are Cheyenne County mineral rights worth?
- Producing Cheyenne County minerals are valued at roughly 36 to 72 times your average monthly royalty check. Value moves with both oil and gas prices, and where you land in the band depends mostly on how fast your wells decline. This is an estimate, not an offer.
- What formations produce in Cheyenne County?
- Cheyenne County produces from the Niobrara and Codell, which is why a single tract can sometimes be paid from more than one zone. Stacked pay can lift the total value even when each interest looks small. Your value still follows the same income multiple applied to your actual check.
- How active is drilling in Cheyenne County?
- State commission records show about 469 active oil and gas wells in Cheyenne County, with operators including Citation Oil & Gas Corp, Mull Drilling Company INC, and P O & G Operating LLC. We name operators because the record is public; this is not an endorsement. The activity is a county snapshot, not a measure of any one owner's interest.
Activity data for Cheyenne County: Colorado Energy and Carbon Management Commission (ECMC, formerly COGCC) oil and gas locations (Colorado DNR ArcGIS public service) (pulled 2026-06-17) . Public record, used with attribution.
See what your Cheyenne County minerals could be worth
Run a free estimate for an honest on-screen range, then talk it through with a real person. An estimate, not an offer, and never any pressure.