Bone Spring mineral rights in Lea County

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What are your Lea County minerals worth?

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What kind of interest do you own? Not sure Producing — I get monthly or quarterly checks Leased but not producing — bonus paid, no checks yet Not leased / not producing — I just own the minerals I am not sure

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Operator / who sends your checks

Average monthly royalty check (last 3 to 6 months) Prefer not to say $0 (not producing) $1–$100 $100–$500 $500–$2,000 $2,000–$10,000 $10,000+

Your check is the single fastest path to a value range. Fill the acres below instead if you do not get checks.

Net mineral acres

Royalty fraction Not sure 1/8 (12.5%), historical standard3/16 (18.75%), modern standard1/5 (20%), common in the Permian1/4 (25%), hot plays1/6 (16.67%), federal minimum since 2022

Unit size (acres)

Interest type, if you know it Not sure Royalty interest The minerals themselves Overriding royalty (ORRI) Working interest Non-participating royalty (NPRI)

How did you come to own it? Prefer not to say Inherited it Kept (reserved/severed) when family sold the land Purchased it

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The Bone Spring is one of the formations state oil and gas commission records show producing in Lea County, New Mexico. It is not the only zone here: Lea County also produces from Wolfcamp , which can mean a single tract is paid from more than one producing zone.

Bone Spring activity in Lea County

State commission records show 38,050 active oil and gas wells across Lea County as of the most recent drilling on record, spudded in 2022. These figures describe the whole county, not any one owner's interest.

Operators active in Lea County

The most active operators in Lea 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.

• EOG Resources INC (2,687 wells)
• Apache Corporation (2,158 wells)
• Devon Energy Production Company, LP (1,343 wells)
• COG Operating LLC (1,130 wells)
• Southwest Royalties INC (917 wells)

What the Bone Spring means for your minerals in Lea County

A formation name on your royalty statement or division order does not change how your interest is valued. What matters is the income your wells actually pay: average your last three to six royalty checks, then apply the standard multiple of 36 to 72 times your average monthly check, the same as 3 to 6 times your annual royalty. Where you land in that band depends on how fast your Lea County wells decline, the operator, your royalty rate, and any undeveloped drilling upside. For the full method and a free on-screen estimate, see what are my mineral rights worth.

See the full picture for Lea County , part of New Mexico, or the Permian Basin it sits in. For the Bone Spring's full footprint across every county we cover, see the Bone Spring formation guide.

Bone Spring in Lea County questions

Does the Bone Spring produce in Lea County?

Yes. State oil and gas commission records list the Bone Spring as a producing formation in Lea County, New Mexico, part of the Permian Basin, with 38,050 active wells on record countywide.

What are Bone Spring mineral rights worth in Lea County?

Producing interests in Lea County are valued on the standard income multiple, roughly 36 to 72 times your average monthly royalty check. This is an estimate, subject to verification of your specific interest, not an offer.

Who buys Bone Spring mineral rights in Lea County?

Ironwood Royalty buys Bone Spring mineral and royalty interests in Lea County directly from owners as a principal buyer, so the offer comes from us and no broker commission is taken from your proceeds.

See what your Lea County Bone Spring minerals could be worth

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