Phosphoria mineral rights in Hot Springs County
What a Phosphoria mineral or royalty interest in Hot Springs County, Wyoming 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 Phosphoria mineral rights worth in Hot Springs County?
Phosphoria interests in Hot Springs County are valued the same way as any producing mineral or royalty interest: roughly 36 to 72 times your average monthly royalty check. Hot Springs County sits in the Bighorn Basin, where state commission records show 1,104 active oil and gas wells.
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What are your Hot Springs County minerals worth?
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The Phosphoria is one of the formations state oil and gas commission records show producing in Hot Springs County, Wyoming. It is not the only zone here: Hot Springs County also produces from Tensleep, and Madison , which can mean a single tract is paid from more than one producing zone.
Phosphoria activity in Hot Springs County
State commission records show 1,104 active oil and gas wells across Hot Springs 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 Hot Springs County
The most active operators in Hot Springs 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.
- Merit Energy Company (689 wells)
- Breitburn Operating LP. (93 wells)
- Legacy Reserves Operating LP (64 wells)
- New Era Petroleum INC (45 wells)
- Citation Oil & Gas Corporation (39 wells)
What the Phosphoria means for your minerals in Hot Springs 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 Hot Springs 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 Hot Springs County , part of Wyoming, or the Bighorn Basin it sits in. For the Phosphoria's full footprint across every county we cover, see the Phosphoria formation guide.
Phosphoria in Hot Springs County questions
- Does the Phosphoria produce in Hot Springs County?
- Yes. State oil and gas commission records list the Phosphoria as a producing formation in Hot Springs County, Wyoming, part of the Bighorn Basin, with 1,104 active wells on record countywide.
- What are Phosphoria mineral rights worth in Hot Springs County?
- Producing interests in Hot Springs 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 Phosphoria mineral rights in Hot Springs County?
- Ironwood Royalty buys Phosphoria mineral and royalty interests in Hot Springs 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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