We Buy oil royalties, gas royalties and mineral rights.

Our primary focus is the Permian Basin in West Texas but we buy anywhere in the United States. Permico Royalties along with it’s principles are committed to providing sellers with the smoothest closing process in the industry. In an effort to deliver to mineral and royalty owners, we offer competitive prices and promise to work quickly – from start to finish. If you are interested in getting a free offer with no obligation to sell, please contact us at offer@permico.com.

Why Sell

If you are in the market to sell or you are just ‘kicking the tires’, we can help.  Whether you choose to go with Permico Royalties or you choose someone else, we can help guide you through the process. This process can be a little intimidating but our team will do their best to help answer any question or concern you may have (no strings attached).

Immediate Cash

Sell your oil and gas mineral interest today for immediate cash.  You may need some cash quickly….Permico Royalties can close on your oil mineral rights fast!

Another Investment Opportunity

Sell your oil and gas royalties today to help fund a new business venture.  Some people would prefer a lump sum on their oil and gas royalty to use in other investment vehicles – we can help.

Estate Planning

Some people want to divest their oil and gas minerals for estate planning purposes.  Selling your mineral rights for this reason is not uncommon.

Paper/Accounting Simplification

There can be a lot of paper work associated with oil and gas lease royalties.  Selling oil royalty or gas royalty can certainly reduce paperwork.

Commodity Price Fluctuations

Selling minerals will help mitigate commodity volatility.  Oil interests and gas interests are both extremely volatile assets.  Selling your oil and gas mineral rights will reduce the fluctuations.

Eliminate Future Risks

There is a great deal of uncertainty in our world today and there is a tremendous amount of risk associated with oil and gas interests.  Some people say, “A bird in hand is worth two in the bush”.

Why Sell

If you are in the market to sell or you are just ‘kicking the tires’, we can help.  Whether you choose to go with Permico Royalties or you choose someone else, we can help guide you through the process. This process can be a little intimidating but our team will do their best to help answer any question or concern you may have (no strings attached).

Immediate Cash

Sell your oil and gas mineral interest today for immediate cash.  You may need some cash quickly….Permico Royalties can close on your oil mineral rights fast!

Another Investment Opportunity

Sell your oil and gas royalties today to help fund a new business venture.  Some people would prefer a lump sum on their oil and gas royalty to use in other investment vehicles – we can help.

Estate Planning

Some people want to divest their oil and gas minerals for estate planning purposes.  Selling your mineral rights for this reason is not uncommon.

Paper/Accounting Simplification

There can be a lot of paper work associated with oil and gas lease royalties.  Selling oil royalty or gas royalty can certainly reduce paperwork.

Commodity Price Fluctuations

Selling minerals will help mitigate commodity volatility.  Oil interests and gas interests are both extremely volatile assets.  Selling your oil and gas mineral rights will reduce the fluctuations.

Eliminate Future Risks

There is a great deal of uncertainty in our world today and there is a tremendous amount of risk associated with oil and gas interests.  Some people say, “A bird in hand is worth two in the bush”.

Frequently Asked Questions

  • How do I receive an offer for my oil royalties?

    In order for Permico Royalties to make an offer, we will need to determine the current value based on several factors (operator, royalty, location and phase of development). We coordinate with our legal team and engineers to determine the value. Initially, all we need is you is your last 3-6 months of check stubs or a copy of your last oil and gas lease.

  • If I request to receive an offer for my royalties, am I obligated to sell?

    Absolutely not. There is no obligation to accept our offer.

  • Do I have to sell all my royalties?

    No, Permico Royalties is willing to buy all or a portion of your interest(s). We work with the seller to figure out what makes the most sense.  The only good deal is one that is good for both parties..

  • How long is the closing process?

    Permico Royalties prides itself on providing a quick no hassle close for the seller. Once we reach an agreement on terms, Permico Royalties will review the ownership.  Once the ownership is verified, Permico will close in 72 hours.  We can fund by check or wire.

  • Do I have to pay taxes on my sell?

    In the event you are divesting a property with a low basis it may be advisable to explore a 1031 Exchange. Minerals are classified as real estate and as such the proceeds from sales may be reinvested in land, income producing property or other oil and gas assets without payment of federal income taxes.

Team

Benjamin C. Griffin

Manager/Owner

Griffin graduated from Texas Tech University with a degree in Energy Commerce. Prior to forming Permico, Griffin worked for one of the largest Independent Oil and Gas companies in the Permian Basin. This is where he learned his knowledge of the Permian Basin oil and gas business. Ben enjoys golfing, spending time with his family and cooking. Griffin lives in Midland with his wife and three children.

Robert House

Acquisition Manager

Robert is Acquisition Manager for Permico Royalties, joining the company soon after its inception. Robert holds a bachelor’s degree from Texas Tech University.  Prior to joining Permico, he worked as an Independent Landman for the last ten years with experience in the Permian Basin, Marcellus Shale, Barnett Shale, Granite Wash and The Scoop. In his free time, House enjoys golfing, traveling and spending time with his family. House resides in Midland.

Alli Kenney

Division Order & Title Analyst

Alli is the Division Order & Title Analyst at Permico Royalties, LLC. Alli was born and raised in Midland, Texas. Prior to joining the Permico team, Alli attended Texas Tech University and received a bachelor’s degree in business management and a minor in human resources.  Alli enjoys running, exercising and traveling.

Contact

432-242-7337

508 W. Wall St, Ste 1250
Midland, TX 79701