Niobrara mineral rights in Elbert County

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What are your Elbert 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 Niobrara is one of the formations state oil and gas commission records show producing in Elbert County, Colorado.

Niobrara activity in Elbert County

State commission records show 76 active oil and gas wells across Elbert County . These figures describe the whole county, not any one owner's interest.

Operators active in Elbert County

The most active operators in Elbert 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.

• Renegade Oil & Gas Company LLC (44 wells)
• GMT Exploration Company LLC (6 wells)
• Axis Exploration LLC (5 wells)
• Behrens Resources INC (5 wells)
• KP Kauffman Company INC (3 wells)

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

Niobrara in Elbert County questions

Does the Niobrara produce in Elbert County?

Yes. State oil and gas commission records list the Niobrara as a producing formation in Elbert County, Colorado, part of the DJ Basin, with 76 active wells on record countywide.

What are Niobrara mineral rights worth in Elbert County?

Producing interests in Elbert 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 Niobrara mineral rights in Elbert County?

Ironwood Royalty buys Niobrara mineral and royalty interests in Elbert 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 Elbert County Niobrara minerals could be worth

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