Pecos has lived through more than one boom, and the town's courthouse holds the paperwork for all of them.
Pecos is the Reeves County seat and, since around 2016, has sat at the center of one of the fastest-drilled patches of ground in the entire Permian Basin. The boom brought a genuine housing crunch to a town that also carries a much older identity, home to what's billed as the world's first rodeo and, historically, to Pecos cantaloupe farming along the river. Mineral ownership here ranges from decades-old family ranch tracts to acreage leased fresh during the recent horizontal buildout.
Stacked Formations, Real Complexity
Reeves County's Delaware Basin acreage often has Wolfcamp, Bone Spring, and Delaware sand horizons all targeted from the same surface location, which means your tract may carry more than one active or permitted wellbore even if your division order only references a single well. We check the full picture before quoting.
Recent Leasing, Steep Early Decline
If your interest was leased or pooled within the last several years, expect the underlying well to show a sharp decline in its first year or two before settling into a longer, lower-volume tail. That's normal for horizontal completions in this part of the basin and we price around it rather than treating early decline as a warning sign.
Older Family Tracts Around Pecos
Some Pecos-area interests predate the recent boom by decades, tied to ranch land that's been in the same family for generations. These get priced on a longer, steadier production trend where one exists, and we handle any needed heirship documentation as part of closing.
Start with the local record trail
A local sale review begins with the county recording office, legal description, deed chain, reservations, lease, units, division orders, payor records, statements, and regulatory well data.
Route local legal questions correctly
Probate, marital property, dormant-mineral law, pooling, recording, transfer tax, regulatory filings, and payor-notice rules differ between Texas and New Mexico counties and belong with qualified advisers.
Midland acquisitions desk
Questions Permian Owners Ask
These answers identify the controlling record, basin fact, title exception, timing issue, or offer term that still needs a documented answer.
the owner's well was just completed and production already looks like it's dropping. Is that a problem?
No, that's the expected pattern for horizontal Wolfcamp and Bone Spring wells in this area: steep decline early, then a long flatter tail. We factor that curve shape into the valuation rather than treating it as unusual.
How do you handle a tract with multiple wells stacked under it?
We evaluate every producing or permitted wellbore tied to your acreage, rather than only the one on your most recent check, since multiple formations under one tract generally adds value.
Is the owner's older family tract still relevant given how much new drilling has happened around Pecos?
Yes. Older tracts with established production history price on their own trend, and if there's newer drilling activity nearby, that can add upside beyond the current check.
Next property file
Continue the Permian sale brief
County records, deed schedules, producing evidence, and title questions carry straight into each of these connected reviews.
Contact us
Put This Interest on a Permian Sale Brief
Describe the county and state, interest type, producing status, operator or payor if known, recent checks if available, records already gathered, and the decision window.