Mineral Rights Value Calculator
Describe the property, county and state, interest type, net acres if known, producing status, recent revenue, and the calculation question.
Texas is the one state where our calculator can actually give you a tight range, because five active plays generate more comparable sales data than the rest of our coverage area combined.
No other state we cover has this much genuine variety packed into one border. West Texas holds the Permian's Midland and Delaware sub-basins, some of the most heavily drilled, multi-bench acreage in the country. South Texas has the Eagle Ford, a liquids-rich play with its own long production history. East Texas and the Louisiana border run into the Haynesville, a deep, high-pressure dry gas play. North-central Texas around Fort Worth holds the Barnett, the play that started the modern shale boom and is now firmly in its mature, long-tail phase. And the Panhandle carries its own slice of the Anadarko Basin, distinct from Oklahoma's SCOOP/STACK acreage just across the state line.
Because all five plays see steady drilling, leasing, or at minimum active secondary-market sales, our calculator has a deeper comp set to draw from here than almost anywhere else - which means your estimate can afford to be narrower and more specific to your actual play and county rather than a blunt statewide average.
Enter your county first, and the calculator routes you into the right play-specific model before it asks anything else, because Midland County minerals need Permian multi-bench logic while Panola County minerals call for Haynesville deep-gas logic, and treating them the same would throw off the estimate badly. Permian acreage, especially in the Midland and Delaware core, often carries stacked-pay potential across multiple horizons - Wolfcamp, Spraberry, Bone Spring - so ask whether your minerals are under more than one producing zone, since that can materially raise value versus a single-zone tract elsewhere.
Haynesville wells are deep, expensive to drill, and highly sensitive to natural gas pricing given the play's dry-gas character, so its valuation multiple moves more with gas futures than most oil-weighted plays do. The Barnett, by contrast, is almost entirely a legacy, mature-decline story now - most of its wells have been producing for over a decade, so value there leans on long, stable production history rather than growth expectations.
Because Permian mineral sales happen frequently and are relatively well documented, the calculator can lean harder on true comparable-sale data here than in almost any other play in our coverage, which is part of why Permian per-acre estimates tend to carry tighter confidence bands. That density of data cuts both ways, though - it also means Permian pricing moves faster in response to rig count and commodity price shifts than a thin-data state would, so a comp from eighteen months ago may already be stale.
Eagle Ford acreage sits somewhere in between: enough activity for solid comps, but a longer production history than the Permian's current boom, so its wells show more real decline data to validate a production-based estimate against.
Whichever Texas play you're in, gather your county, net mineral acres, decimal interest per well if you have more than one producing zone, and either recent royalty statements or your lease bonus history if unleased. Texas is also where you're most likely to encounter true multi-well, multi-operator situations under a single tract, so take the extra few minutes to enter wells separately rather than averaging them - the calculator's accuracy depends more on input granularity here than in less-developed states.
A tighter range doesn't mean a guaranteed number. Treat the output as a strong starting point for comparing offers, not a floor a buyer owes you, since even in a data-rich state, Texas mineral value still moves with commodity prices and drilling decisions no calculator can fully predict.
Texas is also large enough that county-level comps can vary meaningfully even within the same play, so a strong Midland County sale doesn't automatically translate to similar pricing a few counties away in a less core part of the same basin. Keep your comps as geographically tight as you can.
Range mechanics
Mineral Rights Value Calculator
Describe the property, county and state, interest type, net acres if known, producing status, recent revenue, and the calculation question.