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Grayburg mineral rights in Crane County

What a Grayburg mineral or royalty interest in Crane County, Texas 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 Grayburg mineral rights worth in Crane County?

Grayburg interests in Crane County are valued the same way as any producing mineral or royalty interest: roughly 36 to 72 times your average monthly royalty check. Crane County sits in the Permian Basin, where state commission records show 3,967 active oil and gas wells.

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The Grayburg is one of the formations state oil and gas commission records show producing in Crane County, Texas. It is not the only zone here: Crane County also produces from San Andres, and Wolfcamp , which can mean a single tract is paid from more than one producing zone.

Grayburg activity in Crane County

State commission records show 3,967 active oil and gas wells across Crane County as of the most recent drilling on record, spudded in 2026. These figures describe the whole county, not any one owner's interest.

Operators active in Crane County

The most active operators in Crane 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.

  • Blackbeard Operating (1,121 wells)
  • Stronghold Energy II Operating LLC (211 wells)
  • Conocophillips Company/Burlington Resources (201 wells)
  • Chevron USA INC. (167 wells)
  • Devon Energy Production Company L. P. (163 wells)

What the Grayburg means for your minerals in Crane 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 Crane 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 Crane County , part of Texas, or the Permian Basin it sits in.

Grayburg in Crane County questions

Does the Grayburg produce in Crane County?
Yes. State oil and gas commission records list the Grayburg as a producing formation in Crane County, Texas, part of the Permian Basin, with 3,967 active wells on record countywide.
What are Grayburg mineral rights worth in Crane County?
Producing interests in Crane 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 Grayburg mineral rights in Crane County?
Ironwood Royalty buys Grayburg mineral and royalty interests in Crane 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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