Sell mineral rights in the Midland Basin

Where the Midland Basin lies and which counties matter

The Midland Basin is bounded by the Eastern Shelf to the east, the Northwest Shelf to the north and the uplifted Central Basin Platform to the west, which separates it from the Delaware Basin (EIA, 2022). To the south its formations thin out into the Ozona Arch (EIA, 2022). The Railroad Commission of Texas describes the basin's Spraberry and Wolfcamp pairing as the "Wolfberry".

The counties with the most activity are Midland, Martin, Howard, Glasscock, Reagan and Upton. Martin and Midland counties together added 0.40 million barrels per day of oil between 2020 and 2024, 21% of all US growth, and Glasscock, Howard and Reagan were also among the ten Permian counties that drove 93% of that growth (EIA, 2025). The Spraberry itself spans 16 counties in western Texas (EIA, 2022), so mineral rights in Dawson, Borden, Irion and Sterling counties also draw interest, usually at lower prices than the core.

What Midland Basin wells produce

Midland Basin wells produce oil with a meaningful cut of associated gas and natural gas liquids. The Spraberry alone produced more than 1.3 million barrels of crude oil and 2.2 billion cubic feet of natural gas per day in April 2022 (EIA, 2022). Its measured depth ranges from 2,000 to 7,000 feet and its thickness from 1,200 to 3,000 feet, split into Upper, Middle and Lower benches (EIA, 2022).

Below the Spraberry sits the thin Dean formation, and below that the Wolfcamp, which is divided into the Wolfcamp A, B, C and D benches (EIA, 2022). Most current drilling in the basin targets the organic-rich Wolfcamp interval (EIA, 2022). The US Geological Survey estimated a mean of 20 billion barrels of undiscovered, technically recoverable oil and 16 trillion cubic feet of gas in the Midland Basin Wolfcamp (USGS, 2016).

Older vertical wells still matter. Vintage vertical wells made up about 6% of the basin's production in 2020 (EIA, 2021), and many owners receive small checks from decades-old Spraberry wells while new horizontals are drilled under the same section. Mineral rights that look tired on paper can therefore carry real upside.

Why mineral rights buyers compete in the Midland Basin

Buyers like the Midland Basin because it is dense, well mapped and all in one state. EIA had access to more than 24,000 well logs from the basin when it built its 2022 maps (EIA, 2022), and operators hold similar data. That makes future drilling easier to forecast than in younger plays, so a buyer can price undrilled Wolfcamp benches with some confidence.

Stacked targets add to that. A single section can host horizontal wells in the Lower Spraberry, the Wolfcamp A and the Wolfcamp B, each paying royalty to the same mineral rights owner. Buyers who expect that build-out will pay more for mineral rights today, which is why several of them chase the same tracts in Martin and Midland counties.

What Midland Basin mineral rights are worth

If your mineral rights produce, buyers start from your last several months of royalty checks and apply a multiple that reflects decline, commodity prices and the number of undrilled benches under the tract. Recent permits, a new pad or an operator with a stated drilling plan for your section push the multiple up.

If your mineral rights are not producing, offers are quoted per net mineral acre. Core counties with thick Wolfcamp A and B sections command more than fringe counties, leased acreage with a high royalty rate commands more than unleased acreage, and tracts next to active rigs command the most.

Every buyer checks the Railroad Commission of Texas before offering: drilling permits, production data from the Production Data Query system and the public GIS viewer, all covering Districts 7C, 08 and 8A where the Permian's fields sit. They also search county deed records to confirm your net acres and read your lease and division orders. Mineral rights with clean, documented title close faster and attract fewer price cuts.

How to sell Midland Basin mineral rights

Fill in the form with your county, the type of interest you own and whether it is producing. We send that request to up to three independent buyers who already work in your county, and each one sends an offer directly to you.

Compare the offers, negotiate with the buyer you prefer, or keep your mineral rights if nothing meets your number. There is no fee for owners; buyers pay for the introduction. Owners who sell mineral rights after seeing three competing offers know what their tract is worth, which is the whole point.

How to get offers for Midland Basin mineral rights

Tell us the state and county and what you own. We send your request to up to 3 mineral rights buyers who purchase in that part of the Midland Basin. They review the public records and contact you with offers, and you choose whether to sell, sell part, or keep.

Midland Basin mineral rights questions

Last reviewed October 13, 2026. This page is general information, not legal or tax advice. Facts come from the official sources listed above; confirm anything that matters to your sale with a qualified professional.