What a Permian Basin Asset Actually Sold For at LIVE Auction
If you own mineral rights or a working interest in the Permian Basin, you’ve probably searched “how much can I sell my mineral rights for” and gotten a handful of vague answers. Here’s a real one.
At our last live auction, we sold Asset #53677. A non-operated working interest package in Upton County, Texas. Eight wells, operated by Exxon, producing from the Wolfcamp A, B Upper, and B Lower formations.
It sold at a 42-month trailing cash flow multiple. That’s a premium result, and it didn’t happen by accident.
Why This Permian Basin Asset Performed So Well
Before it ever hit the auction floor, this asset had the fundamentals buyers look for:
- Healthy, consistent cash flow. Averaging over $14,000 a month.
- Low operating expenses, which protects margin even as prices move.
- A high-quality operator in Exxon, which lowers perceived risk for buyers.
- Real upside, with more room to drill in the Wolfcamp formations.
Assets like this don’t need to be discounted to move. They need the right buyers in the room, competing for them at the same time.
How a Live Auction Turns Fundamentals Into a Premium Price
Here’s what most sellers underestimate. A strong asset sold to one buyer, one-on-one, still leaves value on the table. There’s no pressure test on the price. The buyer sets the pace, and you have no way of knowing if a better offer exists.
Our LIVE auction process works differently. Floor and online bidders compete for the same asset in real time. Asset #53677 hit the floor, quickly met reserve, and the bidding kept going. It closed at gavel, above expectations, for a 42-month trailing cash flow multiple.
That’s the difference between asking the market what an asset is worth and having the market answer you directly.
What This Means If You’re Sitting on Permian Basin Mineral Rights or Working Interest
Whether you own mineral rights, royalties, or a working interest position in the Permian Basin, the questions are usually the same.
“How much can I sell my mineral rights for?”
It depends on cash flow, operator quality, location, and remaining upside. The same factors that drove this result. We run a real value assessment on your specific asset, not a generic multiple.
“Should I sell at all?”
Prices are at a premium at the moment, the market has momentum, and we’ve been seeing a lot of Buyer interest this year. Our competitive process costs you nothing to find out what your asset could bring. You’re never obligated to accept a number that doesn’t meet reserve.
“Who’s the best company to sell mineral rights or working interest to?”
Not a buyer. A broker. We bring your asset to the widest pool of qualified buyers and let them compete for it. That means white glove service from listing to close. You’re in the driver’s seat, every step of the way.
Get a No-Cost Value Assessment
If you’re holding mineral rights, royalties, or a working interest in the Permian Basin, Delaware Basin, or anywhere in Texas or New Mexico or beyond, we’ll run a quick, no-cost, no-commitment value assessment.
Ready to see what your asset is worth? Let’s find out.