Farmington, Aztec, Bloomfield: 13,695 producing wells, one of the largest concentrations of gas royalty owners in America, and 98 permits in the last 90 days.
San Juan County has more producing wells than any county in New Mexico other than Lea, and it is a fundamentally different asset from the Permian. Hilcorp alone operates roughly 7,883 of them, with Mach Natural Resources at about 2,680. These are long-life, low-decline gas wells, many of them Fruitland coalbed methane drilled in the 1980s and 1990s.
That profile is systematically underpriced. A San Juan royalty pays modest monthly money for an extraordinarily long time, and the standard multiple-of-income method captures the size of the check while missing most of the duration. Ninety eight permits in the last 90 days says the basin is not finished either.
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 units rather than off a county average, 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.
Well, rig and permit counts are sourced from Enverus and current as of August 2026. See our San Juan Basin page for how the play as a whole is valued.
The coalbed methane that made the San Juan Basin one of the largest gas fields in the country. Very long-lived, very low-decline.
The conventional gas section, drilled across the basin for seventy years.
The horizontal oil and gas targets that brought modern drilling back to the basin.
Wherever your tract sits in San Juan County, we will research it free and value it with the work shown.
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.