Codell mineral rights in Morgan County

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

Codell activity in Morgan County

State commission records show 333 active oil and gas wells across Morgan County . These figures describe the whole county, not any one owner's interest.

Operators active in Morgan County

The most active operators in Morgan 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.

• PCR Operating LLC (166 wells)
• Colorado Interstate Gas Company LLC (38 wells)
• Young Gas Storage Company LTD (34 wells)
• Public Service Company Of Colorado (26 wells)
• Western Operating Company (14 wells)

What the Codell means for your minerals in Morgan 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 Morgan 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 Morgan 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 Morgan County questions

Does the Codell produce in Morgan County?

Yes. State oil and gas commission records list the Codell as a producing formation in Morgan County, Colorado, part of the DJ Basin, with 333 active wells on record countywide.

What are Codell mineral rights worth in Morgan County?

Producing interests in Morgan 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 Morgan County?

Ironwood Royalty buys Codell mineral and royalty interests in Morgan 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 Morgan County Codell minerals could be worth

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