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Mineral rights · TX

Sell or lease your mineral rights in Reeves County, Texas

Reeves County sits over the Delaware Basin core of the Permian. Signing bonuses, royalty rates, and current operator activity in 2026.

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In-depth Reeves County guide

Sell or lease mineral rights in Reeves County, Texas — Delaware Basin core

Reeves County sits over the Delaware Basin core of the Permian. Signing bonuses, royalty rates, and current operator activity in 2026.

Reeves County is at the heart of the Delaware Basin (the western Permian) and one of the highest-value mineral acreage zones in the United States. Active operators include Coterra Energy, Permian Resources, ConocoPhillips, Marathon Oil, and several private operators.

Reeves County signing bonus ranges in 2026

  • Core acreage (near active permits): $8,000-$25,000 per net mineral acre
  • Flank acreage: $2,000-$8,000 per net mineral acre
  • Outside HBP zones: $500-$3,000 per net mineral acre

Royalty rates: push for 22.5-25% in core acreage; 20% in flank.

Verify mineral ownership first

Reeves County has frequent mineral severances. Pull your deed chain at the Reeves County Clerk's office (or via online records) and confirm what you own. Many Reeves landowners hold only surface estate, with minerals owned by heirs of original homesteaders or by speculator entities.

If minerals are severed, your dealings are limited to surface use compensation for drilling pads, access roads, and tank batteries (typically $5,000-$20,000 per pad plus per-acre damages).

Active Reeves County operators (2026)

  • Coterra Energy (Cabot + Cimarex merger)
  • Permian Resources
  • ConocoPhillips
  • Marathon Oil
  • Mewbourne Oil

Texas Railroad Commission data

The RRC publishes free, real-time well permit and production data. Search recent permits within 2-5 miles of your parcel to gauge activity. Heavy nearby permitting = competitive bidding = better signing bonuses.

Key Reeves County lease terms

  • Royalty rate — push for 25%
  • Pugh clause — releases acreage outside producing units
  • No deductions — prevents post-production cost netting
  • Depth severance — limits operator to specific formations (Wolfcamp, Bone Spring, Avalon are the primary targets in Reeves)
  • Continuous drilling obligation
  • Surface use payments — separate from royalty

Hire a Texas O&G attorney with Permian experience. Their $3,000-$10,000 fee routinely returns 10-100× in negotiated terms.

Next step

Run a free Landholder.com assessment — we identify your parcel's basin tier and flag nearby Texas RRC permit activity.

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