Sell Washakie County mineral rights
What Washakie 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 Washakie County mineral rights worth?
In the Bighorn Basin, Washakie County 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 oil 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.
Washakie County sits in the Bighorn Basin, home to conventional Tensleep and Phosphoria oil fields. Operators here produce from the Tensleep, Phosphoria, and Frontier, which makes the county oil-weighted. Active operators of record include Contango Resources LLC, Breitburn Operating LP, and Kentex Worland LLC. The most recent drilling on record was spudded in 2022. Many interests here are decades-old legacy minerals, and owners sell to clean up an estate or turn a small steady check into cash.
Washakie County oil and gas activity
Public state commission records show 498 active oil and gas wells in Washakie 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 Washakie County
The most active operators in Washakie 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.
- Contango Resources LLC (288 wells)
- Breitburn Operating LP. (46 wells)
- Kentex Worland LLC (40 wells)
- Valkyrie Operating LLC (30 wells)
- Carol-Holly Oil Corporation (15 wells)
Producing formations in Washakie County
The formations and pools that actually produce in Washakie County, from the well records:
- Tensleep
- Phosphoria
- Frontier
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 oil-weighted, value moves with oil prices. This is an estimate, subject to verification, not an offer.
How Washakie 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 Washakie County
Washakie 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 Washakie 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.
Washakie County is part of the Bighorn Basin. For the basin-wide value bands and the other counties we buy in, see the Bighorn Basin page.
Washakie County mineral rights questions
- How much are Washakie County mineral rights worth?
- Producing Washakie County minerals are valued at roughly 36 to 72 times your average monthly royalty check. Value moves with oil 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 Washakie County?
- Washakie County produces from the Tensleep, Phosphoria, and Frontier, 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 Washakie County?
- State commission records show about 498 active oil and gas wells in Washakie County, with operators including Contango Resources LLC, Breitburn Operating LP, and Kentex Worland 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 Washakie 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 Washakie 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.