Andrews: nine rigs, 81 permits in 90 days, and nearly 12,000 producing wells, on Spraberry and Wolfcamp benches over a century of Central Basin Platform production.
Andrews County carries one of the densest legacy well populations in Texas, roughly 37,400 wells drilled with about 11,984 still producing, layered under active modern horizontal development at nine rigs and 81 permits approved in the last 90 days.
That combination creates the most common valuation error we see here. A great many Andrews County interests pay from old, marginal Central Basin Platform vertical wells. The check is small, so a buyer applies a small multiple and moves on. But the same acreage frequently carries undrilled Lower Spraberry, Middle Spraberry, and Wolfcamp B locations, and those are worth considerably more than the vertical well is. Valuing the well and ignoring the acreage prices the wrong asset.
We price them separately and show you both numbers.
The legacy density also means an unusual concentration of small fractional interests split across a century of inheritance. Most buyers will not return a call about those, because the cost of running title, preparing a deed, and recording it is the same whether the interest is worth two thousand dollars or two hundred thousand. We have no minimum, we run our own title, and we pay all closing costs.
Hilcorp, Crescent Energy, Montare Resources, and ConocoPhillips are the largest producing operators.
Texas has no state income tax, so there is no state tax on your gain and nothing withheld at closing. Send a check stub, a deed, or just a survey and abstract number.
The most drilled intervals here over the last five years.
Developed alongside the Spraberry from the same pads.
A deeper target being tested across parts of the county.
Roughly 37,400 wells drilled across a century, with about 11,984 still producing. This is one of the densest legacy well populations in Texas.
Wherever your tract sits in Andrews County, we will research it free and value it with the work shown.
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