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Codell mineral rights in Boulder County

What a Codell mineral or royalty interest in Boulder County, Colorado is worth, based on that county's own well and operator record, not a formation-wide average. Every figure is an estimate subject to verification of your specific interest.

Last updated June 2026.

What are Codell mineral rights worth in Boulder County?

Codell interests in Boulder County are valued the same way as any producing mineral or royalty interest: roughly 36 to 72 times your average monthly royalty check. Boulder County sits in the DJ Basin, where state commission records show 217 active oil and gas wells.

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The Codell is one of the formations state oil and gas commission records show producing in Boulder County, Colorado. It is not the only zone here: Boulder County also produces from Niobrara , which can mean a single tract is paid from more than one producing zone.

Codell activity in Boulder County

State commission records show 217 active oil and gas wells across Boulder County . These figures describe the whole county, not any one owner's interest.

Operators active in Boulder County

The most active operators in Boulder 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.

  • Extraction Oil & Gas INC (116 wells)
  • Crestone Peak Resources Operating LLC (67 wells)
  • 8 North LLC (21 wells)
  • Noble Energy INC (3 wells)
  • Smith Oil Properties INC (3 wells)

What the Codell means for your minerals in Boulder 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 Boulder 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 Boulder County , part of Colorado, or the DJ Basin it sits in. For the Codell's full footprint across every county we cover, see the Codell formation guide.

Codell in Boulder County questions

Does the Codell produce in Boulder County?
Yes. State oil and gas commission records list the Codell as a producing formation in Boulder County, Colorado, part of the DJ Basin, with 217 active wells on record countywide.
What are Codell mineral rights worth in Boulder County?
Producing interests in Boulder 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 Codell mineral rights in Boulder County?
Ironwood Royalty buys Codell mineral and royalty interests in Boulder County directly from owners as a principal buyer, so the offer comes from us and no broker commission is taken from your proceeds.

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