Mineral Rights Value Calculator
Describe the property, county and state, interest type, net acres if known, producing status, recent revenue, and the calculation question.
The highest search cost we track for any state in this network belongs to Wyoming, and that's a direct reflection of how actively minerals here actually trade.
Wyoming carries two genuinely distinct basins worth knowing apart. The Powder River Basin, centered on Campbell County near Gillette, spent decades as the country's leading coalbed methane region before operators began layering in horizontal oil development across several stacked benches - Turner, Niobrara, Sussex - turning old CBM acreage into a renewed oil target. The Green River Basin, further southwest in Sublette and Sweetwater counties, is a different animal entirely: deep, tight, high-pressure gas fields like Jonah and Pinedale that have supported large, long-lived producing wells for years.
Because both basins see real, ongoing transaction activity, the calculator can draw on a genuinely useful comp set here - stronger than in most of the smaller states we cover - which is part of why Wyoming mineral value questions tend to have sharper, more confident answers than a thin-data state like Nebraska or Tennessee.
If your Campbell County minerals have old coalbed methane production plus newer horizontal oil development on the same or adjacent acreage, enter both separately if you can, since they behave on very different decline profiles - CBM production is typically flat and long-lived by now, while newer horizontal oil wells are working through a steeper early decline. Combining the two into a single blended guess tends to muddy an estimate that's actually clearer when you treat each producing history on its own terms.
Stacked-bench horizontal development also means, similar to the Permian, that your tract could sit under more than one producing target at different depths - ask your operator or check your division order for how many distinct wells are actually drawing from your minerals before assuming a single well's income tells the whole story.
Jonah and Pinedale-area wells in Sublette and Sweetwater counties are deep, high-pressure, and expensive to drill, but they've historically produced at high volumes over long periods once online, giving the calculator solid, well-documented decline data to work from. Because this is a dry gas play, value here tracks natural gas pricing more directly than Powder River's oil-weighted acreage does, so expect the calculator's Green River estimates to move more with gas futures than with oil price headlines.
Federal mineral ownership is also common in this part of Wyoming, since a significant share of Green River Basin acreage involves federal leases rather than pure private fee minerals - if your interest is a federal royalty rather than a private mineral interest, note that clearly, since transfer mechanics and buyer pools can differ.
Consistent drilling and leasing activity across both basins means recent comparable sales are easier to find here than in most of the smaller states in our coverage, and that data density is reflected in a generally narrower calculator output for Wyoming acreage versus, say, Montana or Nebraska. That said, tighter doesn't mean fixed - both basins remain sensitive to their respective commodity prices, and a strong comp from a high-price period can go stale faster than owners expect.
Enter your county, basin, net mineral acres, and as much production or lease history as you have, and treat the resulting range as a genuinely useful starting point for comparing offers rather than a number any buyer, including us, is obligated to meet.
Wyoming also charges a severance tax on production, which is typically already reflected in your net royalty statement rather than something you need to calculate separately, but it's worth understanding as one more reason your net check runs lower than a simple gross-value multiplication would suggest.
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.