Where We Buy · California

Most buyers are scared of California. We are not.

Kern County, Long Beach, Ventura, the Santa Maria Valley: California royalties have paid families for a century, and we still buy them when almost nobody else will.

Berlin buys California minerals and royalties, from the giant steamfloods of Kern County to town-lot fractions under Long Beach. That sentence alone separates us from most of the industry, so it deserves an explanation.

Why buyers are scared of California

The headlines are real. California passed a 3,200-foot setback law for new wells near homes and schools, spent several years issuing almost no new drilling permits, and its largest city voted to phase out drilling entirely. Chevron moved its headquarters to Texas. Operators consolidated, with Aera folding into California Resources. Buyers who price minerals off a drilling story looked at all that and left the state.

Here is what the headlines miss: California royalty income mostly does not come from new drilling. It comes from shallow, heavy-oil fields under steamflood and waterflood that decline at a few percent a year, some of them producing since before Oklahoma was a state. Midway-Sunset has produced for more than a century. Kern River was discovered in 1899 and still produces. A royalty check from these fields is one of the most durable income streams in American oil, and its value depends on the wells, not on a permit that was never going to be filed under your lot anyway.

What changed recently

The state's posture is bending toward pragmatism. When refinery closures threatened California's fuel supply, Sacramento passed legislation in late 2025 reopening a permitting pathway in Kern County, and state regulators began approving new wells again in numbers not seen in years. Nobody should sell or hold based on one legislative season, but the direction matters: the state has discovered it still needs its own barrels.

How we price California honestly

We value the wells: current production, decline, operator quality, and your decimal. Then we apply a discount for California's political risk, and we show you that discount explicitly instead of hiding it inside a lowball. You see the number we would pay for identical wells in Oklahoma, and what we subtract for Sacramento. That is the difference between a risk adjustment and a hope that you will not ask questions.

If you own minerals or royalties anywhere in California, producing or not, inherited or bought, whole or a 1/384th town-lot fraction, send it through the free valuation form or call or text 918-984-1645. We will research it free, tell you what it is worth with the work shown, and tell you plainly if you are better off keeping it.

Formations & Plays

California's producing basins

San Joaquin Basin

Kern County's giants: Midway-Sunset, Kern River, Belridge, Cymric, Lost Hills, and Elk Hills, plus Coalinga in Fresno County. Shallow heavy oil under steamflood that declines slower than almost anything in Texas or Oklahoma.

Los Angeles Basin

Wilmington under Long Beach, Signal Hill, Inglewood, Santa Fe Springs, Brea-Olinda: urban fields with town-lot minerals split into tiny fractions, and royalty checks that have outlived every prediction of their demise.

Ventura Basin

The Ventura Avenue field and its neighbors along the Santa Clara River valley, structurally spectacular and still producing after a hundred years.

Santa Maria Basin

Orcutt, Cat Canyon, and the Santa Maria Valley fields of Santa Barbara County, heavy oil country with a long history and patient decline.

Counties

Where we're most active

Kern is the heart of it and Los Angeles the most misunderstood. We review California interests statewide, including counties not listed here.

The California mineral owner's guide

Everything a California owner needs in one place: who owns what under state law, how royalties must be paid and by when, what a buyer can and cannot deduct, the tax treatment of a sale, and the deadlines that quietly cost people their minerals. Free, and no sign-up.

Read the California guide
Questions

Straight answers for California owners

Why won't other buyers touch California minerals?
Fear of the regulatory headlines: setback laws, permitting slowdowns, phase-out talk. Most out-of-state buyers cannot price that risk, so they either walk away or lob a lowball and hope. We underwrite the wells themselves, which in California are among the most predictable in the country, and we show you exactly how we discount for the political risk.
Is California production being shut down?
Not the production that pays most royalty owners. Existing wells keep producing and paying, and the state's posture has softened as refinery closures forced it to choose between in-state barrels and imported ones. New Kern County permits started flowing again under 2025 legislation. Uncertainty remains real, and we price it, but the obituary was premature.
Does the regulatory situation mean I should sell now?
Not automatically. Selling trades an uncertain future stream for certain cash today; for some owners that is exactly right, for others it is not. What the situation does mean is that a second opinion is worth more here than anywhere, because lowballing scared owners is a business model in California. We will give you our honest read either way.
Do I pay property tax on California mineral rights?
If they produce, usually yes. California counties assess producing mineral interests ad valorem, which surprises out-of-state heirs who inherit a Kern County royalty and then receive a tax bill. It is one more reason small inherited interests here get sold, and one more line item we handle cleanly at closing.
Do you buy small California royalties and town-lot fractions?
Yes. Los Angeles Basin town-lot interests are often tiny fractions of small city lots, the kind of interest most buyers will not even research. We research them, value them off the unit's production, and buy them.

Before you sign anything in California

The things owners here most often wish they had read first. All free, none of it gated.

Free Valuation

Find out what your California minerals are worth.

Free, no obligation, and no pressure. We reply within one business day, usually faster.

Prefer the phone? Call or text 918-984-1645 and you will get Stephen, the owner, not a call center. If we miss you, we text back the same day.

No cost, no obligation, and we never share your information.

Call Berlin Text Berlin Free Valuation