How are Permian Basin mineral interests valued for property tax?

Texas appraisal districts value producing mineral interests using the income approach: projected production from each well, multiplied by expected oil and gas prices, discounted to today. In the Permian, steep early declines on horizontal wells mean small changes in those assumptions can swing values significantly.

When is the protest deadline for Permian Basin properties?

In Texas, the protest deadline is May 15 or 30 days after your notice of appraised value is mailed, whichever is later. Mineral notices often arrive later than other notices, so check each one. See all key dates on our Property Tax Calendar.

I own small interests in several Permian counties. Is it worth protesting?

Often, yes. Small interests across several counties can add up, and many are valued with the same assumptions. PTP reviews your holdings first and tells you where a protest is likely to pay off.

Does PTP work with operators as well as royalty owners?

Yes. We work with royalty and mineral owners, operators, non-operated working interest owners and midstream companies across the Permian.

Permian Basin Property Tax

Minerals. Wells. Midstream. Property tax help across the most productive oil field in the country.

The Permian Basin’s fast production growth and steep decline curves make it one of the hardest places in Texas to get oil and gas property valued correctly. Appraisal districts across West Texas value thousands of mineral interests, wells and facilities each year, often with assumptions that lag the market. Property Tax Partners represents royalty owners, operators and midstream companies across the Permian, county by county.

Contact Us

Our Services

What We Handle

Mineral & Royalty Interests

Producing and non-producing mineral rights, royalty interests, and overriding royalties

Wells & Production Equipment

Wellheads, tanks, separators, compressors and surface facilities

Business Personal Property

Renditions and appeals for oilfield equipment and inventory

Working Interests

Operated and non-operated working interests in Permian leases

Midstream & Gathering

Gathering lines, compressor stations, processing plants and saltwater disposal

Multi-County Portfolios

Interests spread across many Permian appraisal districts

Common Permian Challenges

Steep decline curves on horizontal wells that valuations don’t fully reflect

Commodity price assumptions that lag current market conditions

Dozens of appraisal districts, each with its own notices, deadlines and methods

Fast-growing operators whose renditions and asset records fall out of date

Mineral owners who receive notices for many small interests across several counties

How PTP Helps

Well-by-Well Analysis

Production history and decline curve review for the wells behind each interest

Every County, One Team

Protests in every Permian county where you own property, with one report

Flexible Fee Structures

Fixed, contingent and hybrid fee options

Independent Price Forecasts

Challenges to valuations built on outdated or inflated price assumptions

Deadline Management

Every notice, rendition and protest window tracked. See our Property Tax Calendar

Counties We Serve

Andrews · Borden · Crane · Culberson · Ector · Glasscock · Howard · Irion · Loving · Martin · Midland · Pecos · Reagan · Reeves · Upton · Ward · Winkler · Yoakum, and other West Texas counties.