Where We Buy · Kansas · Hugoton Field

Sell your Hugoton Field mineral rights.

The Hugoton is one of the largest gas fields ever found in North America, it has been producing for ninety years, and there is almost nothing written for the families who own it. Stevens, Grant, Kearny, Finney, Haskell, Morton, Seward and Stanton County hold thousands of wells that still pay every month.

The Hugoton is one of the largest natural gas fields ever discovered in North America. It has been producing since the 1920s. And almost nobody writes anything for the families who own minerals under it.

Kansas has roughly 20,234 producing wells and ten active rigs in the entire state. The wells are concentrated in the southwest.

County Producing wells
Stevens 1,902
Grant 1,647
Kearny 1,549
Finney 1,030
Haskell 956
Morton 912
Seward 774
Stanton 719

Depleted is a word that gets misused

The Hugoton has been described as depleted since the 1970s. It is still paying royalties in 2026.

What people mean by depleted is that reservoir pressure has fallen and the wells produce slowly. What owners hear is that the asset is finished. Those are very different claims, and the gap between them is where Kansas mineral owners get underpaid.

A shallow Chase Group completion at 2,500 feet is a low pressure, low rate, extraordinarily long lived well. It is closer to an annuity than to the steep shale decline that every modern valuation model is built around.

Why the standard offer method fails here specifically

Almost every offer is a multiple of your last twelve months of income. That multiple exists to compensate the buyer for decline — the expectation that the well pays less each year.

On a Hugoton well, most of that decline happened decades ago. What is left is close to flat.

So the justification for the multiple has largely evaporated while the multiple itself stays in place. Pricing a nearly flat stream as though it were a declining one produces a number that is too low, systematically, and always in the buyer's favour.

Ask any buyer what decline rate they applied. On shallow Hugoton gas the honest answer is very low, and a low decline rate should push the number up.

The helium question nobody asks

Hugoton gas carries commercially meaningful helium, and helium has repriced substantially over the past decade for reasons entirely unrelated to natural gas.

Whether your royalty is calculated on helium value, and on what basis, turns on your lease language and on how your payor accounts for it. Most royalty statements do not break it out in any way you would notice.

We will read your statement and tell you what we can see, free, and if we think you should be asking your operator a question we will tell you exactly what to ask.

Who holds the field now

Kansas consolidated into operators built for mature low pressure gas. Eiger Operating is the largest in the state at roughly 5,208 producing wells, Scout Energy Partners about 2,742, and River Rock Operating 1,424. Mach Natural Resources runs about 554, Redbud 537, Edison 523 and Own Resources 505.

If your check changed hands and the name is unfamiliar, that is why. Nothing happened to your interest.

We will tell you to keep it

For many Hugoton owners, keeping is the right answer, and we would rather say that than buy something from someone who should not have sold it.

Selling tends to make sense here for specific reasons: an estate being divided among heirs, an interest too small to justify the paperwork, or a family that wants out of a shared asset. If none of those describe you, we will probably tell you to hold it and explain why.

Where to go next

Well and operator counts are sourced from Enverus and current as of August 2026. Berlin Royalties is a mineral buyer and a landman shop in Tulsa, not a law firm or a tax advisor, and this page is general information rather than advice about your interest.

Drilling Activity · Updated 2026-08-17

What's happening in Hugoton Field right now

Active Rigs

9

In the counties where we buy.

Permits, Last 90 Days

240

New drilling permits in our counties.

Completions, Last 90 Days

0

New wells turned to sales.

Statewide totals for Hugoton Field. Source: Enverus, as of 2026-08-17. Rigs are currently active; permits are those approved in the last 90 days; completions are wells reporting first production in the last 90 days, which lags reporting by state. Activity like this moves mineral value. If it is happening near you, find out what your interest is worth before you take anyone's offer.

Formations & Plays

What produces in the Hugoton

Chase Group

The main Hugoton pay: shallow Permian carbonate at roughly 2,500 to 3,000 feet, discovered in the 1920s and drilled across southwest Kansas ever since. Low pressure, low rate, and extraordinarily long lived.

Council Grove

The interval below the Chase, developed later and frequently a separate completion in the same wellbore. On some acreage it is severed separately in the chain, which matters when you sell.

Morrow and Chester

The deeper Pennsylvanian sands, mostly in Morton, Stevens and Seward County. A different and generally better paying target than the shallow Hugoton gas above it.

Helium

Hugoton gas carries commercially meaningful helium, and helium has repriced dramatically over the past decade. Whether your royalty is paid on it, and at what value, is a question most owners here have never asked and most statements do not make obvious.

Counties

Where we're most active

Stevens Grant Kearny Finney Haskell Morton Seward Stanton Hamilton Gray

Stevens County has the most producing wells at roughly 1,902, then Grant at 1,647, Kearny at 1,549, Finney at 1,030, Haskell at 956, Morton at 912, Seward at 774 and Stanton at 719. Kansas has about 20,234 producing wells statewide and only ten active rigs.

The Kansas mineral owner's guide

Everything a Kansas 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 Kansas guide

Every oil and gas operator in Kansas, with contact information, refreshed from the state regulator. Free to search, and useful whether or not you ever sell anything.

Questions

Straight answers for Hugoton Field owners

Is the Hugoton still producing?
Yes, and that is the entire point. Roughly 20,234 wells are producing across Kansas and the largest concentration by far is the Hugoton counties of the southwest. Stevens County alone has about 1,902. These are shallow, low pressure, low rate gas wells that have been declining gently for decades and will keep producing for many more. The field has been called depleted since the 1970s and it is still paying royalties, which tells you something about how the word depleted gets used.
My Hugoton royalty is tiny. Is it worth selling?
Sometimes, and often not, and we will tell you which. A very small check attached to a very long life is a legitimate thing to own and the tax cost of selling can exceed the benefit. Where selling genuinely makes sense here is usually an estate that has to be divided among heirs, an interest so small the administrative burden outweighs the income, or a family that wants out of a jointly held asset. If none of those apply to you we will probably tell you to keep it, and we will explain why rather than just declining to bid.
What about helium? Am I being paid for it?
This is the most overlooked question in the field and it is worth raising with your operator. Hugoton gas carries commercially meaningful helium, and helium prices have risen substantially over the past decade for reasons that have nothing to do with natural gas. Whether your royalty is calculated on helium value, and on what basis, depends on your lease language and on how your payor accounts for it. Most royalty statements do not break it out in any obvious way. We will read your statement and tell you what we can see, free, whether or not you ever sell us anything.
Who operates in the Hugoton now?
Kansas has consolidated heavily into operators that specialize in mature low pressure gas. Eiger Operating is the largest in the state at roughly 5,208 producing wells, then Scout Energy Partners at about 2,742 and River Rock Operating at 1,424. Mach Natural Resources runs about 554, Redbud 537, Edison Operating 523 and Own Resources 505. If your check changed hands, that consolidation is why, and it does not mean anything happened to your interest.
How should a ninety year old gas field be valued?
As a long stream discounted at an honest rate, with an honest decline estimate and the forward gas curve rather than the spot headline. That approach handles flat, slow production properly. An income multiple does not, because the multiple exists to compensate a buyer for decline, and on a Hugoton well much of that decline already happened decades ago. Ask any buyer what decline rate they used. On a shallow Chase completion the honest answer is very low, and a low decline rate should produce a higher number, not a lower one.
Nobody has ever offered to buy my Kansas minerals. Why?
Because most mineral buyers chase basins with rigs in them, and Kansas has ten in the entire state. Southwest Kansas produces no headlines and generates no growth story, so the mail goes to Texas and New Mexico instead. That is a fact about buyer marketing budgets rather than about your minerals. We buy in all twenty states we work in, we have no minimum interest size, and we will research a Stevens County tract with the same effort we would put into a Midland County one.
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