Midkiff, Rankin, McCamey: 14 rigs running and 99 permits approved in 90 days, on Wolfcamp and Spraberry benches stacked four deep under the same section.
Upton County sits in the southern Midland Basin and it is one of the most actively drilled counties in Texas right now: 14 rigs and 99 permits approved in the last 90 days, third in the state behind Midland and Reeves. Roughly 6,662 wells produce out of about 21,600 drilled.
The development is stacked. Wolfcamp A, Wolfcamp B upper and lower, and Lower Spraberry are being drilled as separate benches from the same pads, and that is the whole valuation story here. An interest with one producing well may support four or five more, and a number derived from your current royalty check counts none of them.
When we underwrite an Upton County interest, remaining locations by bench, with the probability we applied and why, is an explicit line in what we send you. We will also tell you where we think a bench is speculative rather than counting it at full value.
Exxon, ConocoPhillips, Diamondback, and Scout Energy Partners are the largest producing operators. Our operator directory has pages for each with current well counts and contact information.
Two Texas specifics worth knowing. Legal descriptions run on abstracts and surveys rather than section, township and range. And Texas has no state income tax, so there is no state tax on your gain and nothing withheld at closing, which is a real advantage over Colorado or West Virginia.
Send a check stub or a legal description and we will run the wells, count the remaining locations, and show you the arithmetic. Free, no obligation.
The primary current target, and the bench most operators are drilling first.
Two separately developed benches, which is exactly where an offer based on your current check goes wrong.
Shallower and developed alongside the Wolfcamp from the same pads.
Roughly 21,600 wells drilled here across a century, with about 6,662 still producing.
Wherever your tract sits in Upton County, we will research it free and value it with the work shown.
We buy in every Texas county, including ones without a page here. See the full county index or the Texas overview.
Everything a Texas 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 Texas guideEvery oil and gas operator in Texas, with contact information, refreshed from the state regulator. Free to search, and useful whether or not you ever sell anything.
The things owners here most often wish they had read first. All free, none of it gated.
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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? Our preliminary offer puts a written number in front of you within about two business days and holds it still for 7 while you decide.