Mount Carmel, Allendale, Keensburg: we buy minerals and royalties throughout Wabash County, the east side of New Harmony Consolidated on the Indiana line.
Wabash County is a small county with a long oil history, the Illinois half of the river-bottom fields that run into Posey and Gibson counties in Indiana. Mount Carmel is where Dee Drilling and a good many of the basin's small operators are based, and the interests we see here are the usual Illinois mix: a sixteenth of an eighth under a lease signed in 1941, paid by an operator three generations removed from the one that drilled it.
What produces here. The Illinois Petroleum Resources Board puts Wabash County at 351,965 barrels for calendar 2025, fourth in the state, down from 403,938 in 2024, one of the larger declines in the basin. The oil comes from the east side of New Harmony Consolidated, discovered in 1939, and from Allendale, Mt. Carmel, Lancaster, Keensburg South, Friendsville, Rochester, Gards Point and Berryville, with pay in the Tar Springs, Cypress, Benoist, McClosky, Ste. Genevieve and Salem and the Pennsylvanian Biehl in the older wells; the ISGS database holds about 2,000 unplugged oil producer records here against 2,450 plugged. The operators you will see on checks and in the county records include Dee Drilling Company of Mount Carmel, Gregory S. Seaton, R and S Operating, Keepes Petroleum, Hocking Oil, Nichols Operating, Macer Energy, Wellco Energy and Kolb Oil. Drilling is modest: the IDNR weekly permit logs show four oil well permits in 2025 and at least five in 2026 through late October, among them R and S Operating's three Spidel wells in the Ste. Genevieve and Ullin in June 2026, Wellco Energy's Clodfelter 1 to the Ullin at 3,600 feet in August, and Seaton's Potts 2 to the Fort Payne the same month. Keyrock Energy also permitted five coal mine methane wells in the Springfield coal near Keensburg in May and October 2026, which is gas from old mine workings and a different estate from your oil royalty.
Whatever you own here, producing royalties, non-producing acreage, or an inherited fraction split among family, we will identify it from whatever paperwork you have, value it off the actual wells and activity, and show you the reasoning with the offer. Free, no obligation, and no pressure: if keeping it is the right answer, we will say so. Inherited it? Start with inherited mineral rights in Illinois.
New Harmony Consolidated, discovered in 1939 and shared with White and Edwards counties, plus Allendale, Mt. Carmel, Lancaster, Keensburg South, Friendsville, Rochester, Gards Point and Berryville along the river.
Mississippian pay from the Tar Springs and Cypress sands down through the Benoist, McClosky and Salem, with the Pennsylvanian Biehl sand in the older wells and Ullin and Fort Payne tests at 3,000 to 3,600 feet in the 2026 permits.
Wherever your tract sits in Wabash County, we will research it free and value it with the work shown.
We buy in every Illinois county, including ones without a page here. See the full county index or the Illinois overview.
Whether you need a probate, the affidavit and transfer on death routes, the dormant mineral rules, and where unpaid royalties go: inherited mineral rights in Illinois, what heirs should do.
What Illinois mineral rights are worth, information only, with this month's activity. Unclaimed Illinois royalties: where the money goes and how an heir claims it.
Everything a Illinois 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 Illinois guideThe things owners here most often wish they had read first. All free, none of it gated.
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.
In a hurry? Text a photo of a royalty check stub to 918-984-1645 and our preliminary offer puts a written number in front of you within about two business days. It holds for 7 while you decide.