Sell Mineral Rights in Wyoming

Wyoming has quietly become one of the more expensive states to get wrong, and the spacing unit on your division order is where we start.

Wyoming holds two large, structurally different basins, and we treat them as separate markets entirely. The Powder River Basin in the northeast, centered on Campbell and Converse counties, went through a major coalbed methane boom in the 1990s and 2000s that left a dense grid of shallow gas wells, and more recently has seen renewed horizontal interest in the Niobrara and other oil-bearing zones stacked above the coal. The Green River Basin in the southwest, around Sublette and Sweetwater counties, is a deep, tight gas province, home to the Jonah Field and the Pinedale Anticline, developed through some of the tightest, most technically demanding spacing units in the country.

A Powder River coalbed methane royalty check and a Green River deep gas check come from completely different geology, completely different well economics, and often completely different eras of development, sometimes on the same family's land if their holdings span both basins.

Powder River Basin: coal seam legacy, Niobrara present

The coalbed methane wells that blanketed Campbell and Converse counties starting in the 1990s were shallow, low-cost, and often produced for years at modest, steady volumes, very different economics from a modern horizontal well. A lot of that legacy production has since declined or been plugged, but the leases and royalty structures from that era are still on record for a lot of families, and we check whether your current interest reflects old CBM terms or has been folded into newer horizontal Niobrara development, since the two pay very differently. Recent horizontal activity targeting the Niobrara and other zones stacked above the coal has renewed interest in parts of this basin, and a tract with new permitting nearby is worth a fresh look even if its only history is old CBM checks.

Green River Basin: tight gas and the Pinedale and Jonah fields

Sublette and Sweetwater counties sit on top of some of the most productive tight gas development in the country, with the Jonah Field and Pinedale Anticline drilled on extremely dense spacing to maximize recovery from stacked, low-permeability sands. Wells here have a different production profile than a shale oil well, generally longer-lived with a gentler decline once past the initial ramp, and we price accordingly, weighting current production and remaining reserve life more heavily than early flush numbers.

Producing vs. non-producing acreage across both basins

For producing Wyoming interests in either basin, we ask for your division order and recent check stubs, since the two basins' production patterns are different enough that we don't want to price one off the other's typical curve. For non-producing acreage, we check current permitting specifically in your township, since the Powder River's renewed Niobrara interest and the Green River's ongoing infill development don't move at the same pace or on the same schedule.

Split estate and federal minerals in Wyoming

A significant share of Wyoming's subsurface, particularly in the Green River Basin, is federal mineral estate managed by the Bureau of Land Management, with private surface owners sitting on top of federally owned minerals in a lot of places, the reverse of the typical private split estate situation. Before we quote a number, we confirm whether your interest is private fee minerals or something else, since a federal mineral lease interest, if you hold an overriding royalty or similar position tied to a federal lease, works differently than a straightforward private deed.