Sell Sheridan County mineral rights
What Sheridan 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 Sheridan County mineral rights worth?
Sheridan County is a major producing county in the Powder River Basin. Producing interests are valued on the standard income multiple, roughly 36 to 72 times your average monthly royalty check, and value moves with natural gas prices. Producing interests here draw regular offers, so it helps to know your range before you respond to any of them. This is an estimate, subject to verification of your specific interest, not an offer.
Sheridan County, where production is dominated by shallow coal gas, is part of the Powder River Basin. Production comes from the Wyodak coal and Big George coal, so a royalty here is a gas-weighted royalty check. The most active operators on the county's wells include Storm Cat Energy USA Operating Corp, Powder Battalion Holdings LLC, and High Plains Gas LLC. The most recent drilling on record was spudded in 2022. Owners in Sheridan County often sell to turn a producing royalty into a lump sum, to settle an estate, or because tracking a fractional interest from a distance is more trouble than the check is worth.
Sheridan County oil and gas activity
Public state commission records show 2,500 active oil and gas wells in Sheridan County . The most recent drilling on record was spudded in 2022. 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 Sheridan County
The most active operators in Sheridan 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.
- Storm Cat Energy USA Operating Corp (735 wells)
- Powder Battalion Holdings LLC (638 wells)
- High Plains Gas LLC (279 wells)
- Summit Gas Resources INC (252 wells)
- Fidelity Exploration & Production CO (103 wells)
Producing formations in Sheridan County
The formations and pools that actually produce in Sheridan County, from the well records:
- Wyodak coal
- Big George coal
Producing interests in the Powder River Basin are valued on the standard income multiple, roughly 36 to 72 times the average monthly royalty check, with active development supporting producing interests across the band. Because production is gas-weighted, value moves with natural gas prices. This is an estimate, subject to verification, not an offer.
How Sheridan 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 Sheridan County
Sheridan 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 Sheridan 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.
Sheridan County is part of the Powder River Basin. For the basin-wide value bands and the other counties we buy in, see the Powder River Basin page.
Sheridan County mineral rights questions
- How much are Sheridan County mineral rights worth?
- Producing Sheridan County royalties are valued at roughly 36 to 72 times your average monthly royalty check. Because the county is heavily drilled, interests with strong wells and undeveloped upside can price toward the higher end. This is an estimate, not an offer.
- What formations produce in Sheridan County?
- Sheridan County produces from the Wyodak coal and Big George coal, 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 Sheridan County?
- State commission records show about 2,500 active oil and gas wells in Sheridan County, with operators including Storm Cat Energy USA Operating Corp, Powder Battalion Holdings LLC, and High Plains Gas 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 Sheridan County: Wyoming Oil and Gas Conservation Commission (WOGCC) active wells (Wyoming GIS Center ArcGIS public service) (pulled 2026-06-17) . Public record, used with attribution.
See what your Sheridan 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.