Reagan County Mineral Rights Value (2026)

If you own mineral rights in Reagan County, Texas, you own an asset in the southern Midland Basin — and knowing what it’s actually worth is the difference between a fair deal and leaving money on the table. This guide covers what Reagan County minerals have been trading for, what drives value here, and how to get a free county-specific estimate in under two minutes.

Where Reagan County Sits in the Permian Basin

Reagan County has one of the longest oil histories in Texas — the Santa Rita No. 1, the 1923 discovery well that opened the Permian Basin, blew in here on University Lands acreage. Today the county is part of the southern Midland Basin development fairway, with the Wolfcamp and Spraberry as primary targets.

What Mineral Rights Are Worth in Reagan County

Based on publicly reported transactions and our county-level market data, estimated value ranges for Reagan County mineral rights are:

• Producing minerals (active wells paying royalties): roughly $6,000 – $15,000 per net mineral acre
• Non-producing minerals (leased or unleased, no current production): roughly $2,000 – $8,000 per net mineral acre

These are estimates, not offers. Actual value depends on your exact survey location, proximity to recent wells, lease terms, royalty rate, and current oil and gas prices. Producing minerals are typically valued as a multiple of monthly royalty income, so two owners in the same county can hold very differently valued positions. For a deeper look at how these numbers are built, see our guide to how much Texas mineral rights are worth and the county-by-county value breakdown.

Drilling Activity and Operators in Reagan County

Operators with publicly reported Reagan County activity in recent years include ExxonMobil (Pioneer legacy acreage), ConocoPhillips, and Diamondback Energy. Significant acreage sits under University Lands, which runs its own leasing program.

You can verify current permits, active wells, and operator names near your tract using the Texas Railroad Commission’s public GIS viewer — a worthwhile step before responding to any purchase offer.

What Affects the Value of Your Reagan County Minerals

Beyond location, the biggest drivers are your production status, your net mineral acreage, and your royalty rate — a 25% royalty lease is worth meaningfully more than a 12.5% lease on the same tract. If you’re receiving royalty checks, make sure you’re being paid correctly (our royalties guide shows how to check). If you recently inherited minerals in Reagan County, start with our inherited mineral rights guide to confirm what you own before doing anything else. And if you’re weighing a sale, read what every owner needs to know before selling — unsolicited first offers routinely come in 30–50% below what competitive marketing achieves.

Reagan County Mineral Rights FAQs

How much are mineral rights worth per acre in Reagan County?

As a general estimate, producing mineral rights in Reagan County have traded in the range of $6,000 – $15,000 per net mineral acre, with non-producing rights around $2,000 – $8,000 per NMA. Actual value depends on your exact location, lease terms, royalty rate, and current commodity prices — use the free calculator for a county-specific estimate.

What is Reagan County's oil and gas history?

Reagan County is where the Permian Basin began: the Santa Rita No. 1 discovery well blew in here in 1923 on University Lands acreage. A century later, horizontal Wolfcamp and Spraberry wells keep the county in active development.

Who drills in Reagan County?

ExxonMobil (Pioneer legacy), ConocoPhillips, and Diamondback Energy are among operators with publicly reported activity. Note that much of the county is University Lands acreage with its own leasing process.

Should I sell my Reagan County mineral rights?

It depends on your financial goals, your timeline, and how active development is near your tract. Never accept an unsolicited offer without getting an independent estimate first — competitive marketing typically yields 30–50% more than a first offer. Start with a free valuation, then talk to a specialist before deciding.

More Texas Mineral Rights Resources

• How Much Are Your Texas Mineral Rights Worth? A Complete Guide
• Selling Texas Mineral Rights: What Every Owner Needs to Know First
• Texas Mineral Rights by County: Which Areas Are Worth the Most?
• Texas Mineral Rights Royalties: What You Should Be Getting Paid
• I Inherited Mineral Rights in Texas: What Do I Do Now?

Texas Mineral Calculator provides estimates for informational purposes only based on publicly available market data. This is not legal, financial, or investment advice. All valuations should be verified by a licensed professional. We do not buy or broker mineral rights — we help owners understand fair market value.