Sell mineral rights in New Mexico
New Mexico, valued like we live here.
Our New Mexico focus is the San Juan Basin in the state’s northwest corner — legacy gas and coalbed methane royalties that have paid families for generations and that volume buyers persistently underprice. (Own Permian acres in the southeast? We’ll say so plainly: that’s outside our footprint, and we’ll point you toward better buyers.)
The lay of the land
Owning minerals in New Mexico.
San Juan Basin royalties are durability assets: conventional sandstone gas and Fruitland coalbed methane wells that decline gently and keep paying decades after steep-decline logic says they shouldn’t. Valuing them with shale-oil assumptions — as many out-of-state buyers do — systematically shortchanges owners.
Most New Mexico files we see are inherited: interests from leases signed in the 1950s through the 1980s, scattered across dozens of old wells with small decimals, often shared among many heirs. Assembling the whole picture is patient work with public records — the state Oil Conservation Division’s well files are open to anyone — and we do it at our cost.
The basin’s southern oil window has added newer horizontal Mancos and Gallup wells in places, which can put real upside under tracts whose legacy checks suggest nothing of the kind. Whether your township participates is a specific, answerable question, and we answer it before we price anything.
Worth knowing
What’s different about New Mexico.
Owner education, not legal or tax advice — your attorney and CPA should bless any decision.
Durable tails, honest discounting
When wells pay for forty years, the discount rate matters more than the decline curve. We show ours on the face of the offer — ask any other buyer to do the same.
Deductions do heavy lifting
San Juan gas stubs often carry substantial gathering and processing deductions. What your lease says about them meaningfully changes net value — bring a stub and we’ll read it together.
The Permian referral
Southeast New Mexico’s Permian acreage is some of the most valuable in the world — and outside our buying footprint. If that’s what you own, we’ll say so and suggest where to take it, rather than lowball what we don’t underwrite.
On the map
Counties we see most.
Where our New Mexico conversations usually start — though we read every county we buy in.
- San Juan
- Rio Arriba
- Sandoval
- McKinley
The geology underneath
Your basin sets the economics.
State law sets the rules; the rock sets the value. Read how your basin actually pays.
Or anchor on a number first: the free value estimator covers New Mexico — no email required.
Common questions
Asked by New Mexico owners.
My San Juan checks are small. Is selling even worth the paperwork?
Small monthly checks across many old wells often add up to a surprisingly meaningful lump sum, precisely because the wells decline so slowly. Bring the whole stack of stubs — the total is frequently the pleasant surprise in our New Mexico conversations.
Why won’t you buy my Permian minerals?
Because we only buy where we genuinely know the rock, and our footprint is the Rockies and Ohio. Permian valuation is its own specialty with deep-pocketed dedicated buyers — you’ll do better with one of them, and we’d rather tell you that than write a number we can’t stand behind.
Several family members share our interests. Can we sell separately?
Yes — each co-owner holds their own undivided interest and can sell or keep it independently. We’re comfortable closing with some heirs and not others, and equally comfortable helping the whole family understand the asset before anyone decides.
Educational content, not legal, tax, or investment advice. New Mexico law and tax treatment depend on your specific facts — involve your attorney and CPA before deciding anything, and we’ll gladly work with them.
No pressure, ever
Whenever you’re ready — even if that’s never.
A county and a family name is enough — we’ll do the New Mexico homework at our cost and explain what you own, whether or not you ever sell.
No automated calls. No mailers with sight drafts. No follow-up unless you ask for it.
Rather talk to a person? (970) 444-7374or email hello@eldoradomp.com