An independent guide for mineral owners in ConocoPhillips's active Permian Basin areas — and how to get a free valuation of your interest.
ConocoPhillips is one of the world's largest independent E&P companies, with a major Permian position expanded by its acquisitions of Concho Resources and Shell's Permian assets. It ranks among the Permian Basin's most active operators — 25 new drilling permits filed in the trailing 90 days (March 13 – June 13, 2026), concentrated in Loving County, TX, Upton County, TX, Eddy County, NM. For mineral owners, royalty checks tied to ConocoPhillips-operated wells commonly arrive under payor names such as ConocoPhillips Company, Concho Resources, Burlington Resources.
ConocoPhillips is one of the world's largest independent E&P companies, with a major Permian position expanded by its acquisitions of Concho Resources and Shell's Permian assets. Its development spans the Delaware Basin and the southern Midland Basin.
American Royalty Buyers is an independent mineral buyer and is not affiliated with, endorsed by, or acting on behalf of ConocoPhillips. This page is an educational profile built from public regulatory filings for mineral owners whose interests are operated by ConocoPhillips.
Based on state regulatory filings (Texas RRC and New Mexico OCD), ConocoPhillips filed 25 new Permian Basin drilling permits in the trailing 90 days (March 13 – June 13, 2026). Its most active counties:
| County | State | Permits (90 days) |
|---|---|---|
| Loving County | TX | 8 |
| Upton County | TX | 8 |
| Eddy County | NM | 5 |
| Lea County | NM | 4 |
Source: Energy Domain DataStream (state regulator filings), data as of June 13, 2026.
The name on your royalty check (the "payor") often differs from ConocoPhillips itself — operators pay through subsidiaries and keep paying under acquired or legacy company names after mergers. Royalty payments tied to ConocoPhillips-operated wells commonly arrive under ConocoPhillips Company</strong>, <strong>Concho Resources</strong>, <strong>Burlington Resources. If the payor on your check stub is one of these, ConocoPhillips likely operates your wells.
Not sure, or your check shows a different name? See how to find your operator and the full payor-name index.
If your minerals sit under acreage operated by ConocoPhillips — or near its active permits — that activity matters to your value in two ways. New permits signal coming wells, which can mean new or larger royalty checks. And active development by a well-capitalized operator is one of the strongest value drivers buyers weigh when pricing mineral and royalty interests. Focus area: Delaware Basin (Loving County, TX; Eddy and Lea counties, NM) and Midland Basin (Upton County, TX).
It also matters when you act: Permian horizontal wells typically decline 60–80% in their first year, so royalty income near a well's peak doesn't last at that level. Many owners use a period of high operator activity to get a current, data-driven read on what their interest is worth.
ARB values interests under ConocoPhillips-operated acreage using your net mineral acres, the producing formations, current and permitted wells, and live commodity prices — free, explained, and with no obligation to sell.
If you own a royalty or mineral interest under ConocoPhillips-operated wells and are thinking about selling, American Royalty Buyers is a direct, Fort Worth–based buyer — not a broker. You can sell your interest whether or not it is currently producing, and regardless of who operates the wells: ConocoPhillips's consent is not required and your sale does not disturb its leases or operations. We handle the title work, division-order research, and transfer paperwork at no cost to you, and there are never any commissions or fees taken out of your proceeds.
The process is simple: send us your most recent ConocoPhillips check stub (or your division order or lease), we build a valuation from your specific interest, and you receive a written, no-obligation offer — typically within five business days. If you accept, most sales close in four to six weeks.
Value depends on your net mineral acres, the producing and permitted wells on your acreage, the formations beneath it, and current commodity prices — not on the operator alone, though active development by ConocoPhillips is a meaningful value driver. There is no universal price; the reliable way to learn your number is a free, no-obligation valuation built from your specific interest, which American Royalty Buyers provides with the reasoning explained.
Yes. You can sell your mineral or royalty interest regardless of who operates the wells — the operator's consent is not required, and your sale does not affect the operator's leases or operations. ARB buys interests under ConocoPhillips-operated acreage and handles all title and transfer work at no cost to you.
Selling minerals under a ConocoPhillips-operated lease takes four steps: (1) gather your most recent ConocoPhillips check stub or division order — these identify your decimal interest and the wells or units; (2) request a free valuation, in which ARB reviews your net mineral acres, the producing and permitted wells on your acreage, the formations, and current commodity prices; (3) review the written, no-obligation offer, typically delivered within 5 business days; and (4) if you accept, ARB prepares the deed and handles the title and transfer work, and you receive a lump-sum wire — usually within 4 to 6 weeks of accepting. You do not need ConocoPhillips's permission to sell, and ARB charges no fees or commissions.
Operators often pay royalties through subsidiaries or retain legacy payor names after mergers. Payments connected to ConocoPhillips wells may arrive under names such as ConocoPhillips Company, Concho Resources, Burlington Resources. Your check stub, division order, or lease paperwork identifies the exact payor.
No. ARB is an independent, Fort Worth, Texas–based direct buyer of mineral and royalty interests and is not affiliated with, endorsed by, or acting on behalf of ConocoPhillips. This page is an educational profile built from public regulatory filings.
New permits can mean new royalty income, but Permian horizontal wells typically decline 60–80% in their first year, and future development of any specific tract is never guaranteed. Many owners use a period of high operator activity to capture a strong current valuation. ARB's free valuation gives you a concrete, no-obligation data point to decide.
American Royalty Buyers buys royalty and working interests beyond traditional mineral rights in areas operated by ConocoPhillips — directly, with no fees. Every value question gets a free, no-obligation valuation.
Yes — American Royalty Buyers buys an overriding royalty interest (ORRI) in areas operated by ConocoPhillips: a cost-free interest carved out of the lease rather than the minerals, so its value tracks the productive life of the wells on that leasehold. As a direct, principal buyer, ARB makes a written, no-obligation offer with no fees or commissions. How selling ORRI works · Get a free valuation
Yes — American Royalty Buyers buys a non-participating royalty interest (NPRI) in areas operated by ConocoPhillips: a cost-free royalty with no leasing or bonus rights, valued on current production and the prospect of future drilling. As a direct, principal buyer, ARB makes a written, no-obligation offer with no fees or commissions. How selling NPRI works · Get a free valuation
Yes — American Royalty Buyers buys a non-operated working interest in areas operated by ConocoPhillips: a cost-bearing interest — ARB assumes the joint-interest billings, AFEs, and end-of-life plugging liability going forward. As a direct, principal buyer, ARB makes a written, no-obligation offer with no fees or commissions. How selling Non-Op WI works · Get a free valuation