This is an excellent question. The answer is "no." The way to see this is via a calibration argument.
Background on Calibrations
Def: Let $(M^n, g)$ be a Riemannian manifold. A calibration on $M$ is a $p$-form $\varphi \in \Omega^p(M)$ satisfying:
- $d\varphi = 0$, and
- $|\varphi(v_1, \ldots, v_p)| \leq 1$ for every orthonormal set $\{v_1, \ldots, v_p\}$ in $T_xM$.
An oriented $p$-dim subspace $V \subset T_xM$ is calibrated by $\varphi$ iff $\varphi(v_1, \ldots, v_p) = 1$ for some oriented orthonormal basis $\{v_1, \ldots, v_p\}$ of $V$.
An oriented $p$-dim submanifold $N^p \subset M^n$ is calibrated by $\varphi$ iff each tangent space $T_xN \subset T_xM$ is calibrated by $\varphi$.
The following theorem is due to F. Reese Harvey and H. Blaine Lawson (1982):
Fundamental Theorem on Calibrations: Let $(M^n, g)$ be a Riemannian manifold and $\varphi$ a calibration. Let $N, N' \subset M$ be two compact, oriented, $p$-dim submanifolds with $\partial N = \partial N'$ and $N$ homologous to $N'$. If $N$ is calibrated by $\varphi$, then $\text{Area}(N) \leq \text{Area}(N')$.
Proof: Using that $N$ is calibrated first, then Stokes' Theorem second, then the definition of calibration third, we have
$$\text{Area}(N) = \int_{N} \varphi = \int_{N'} \varphi \leq \text{Area}(N'). \ \ \ \lozenge $$
Application: Graphical Minimal Surfaces in $\mathbb{R}^3$
Let $u \colon \overline{\Omega} \to \mathbb{R}$ be such that $\Sigma := \text{Graph}(u)$ is a minimal surface in $\mathbb{R}^3$. Regarding $\Sigma$ as the level set $\{v(x,y) = 0\}$, where $v(x,y) := z - u(x,y)$, we see that a unit normal vector field to $\Sigma$ is
$$N_u = \frac{\nabla v}{\Vert \nabla v \Vert} = \frac{(-u_x, -u_y, 1)}{\sqrt{1 + (u_x)^2 + (u_y)^2}}.$$
Define the $2$-form $\varphi_u \in \Omega^2(\mathbb{R}^3)$ via
$$\varphi_u(X,Y) = \det(X,Y, N_u) = (X \times Y) \cdot N_u.$$
The following exercise, together with the Fundamental Theorem above, gives the result:
Exercise:
(a) The $2$-form $\varphi_u$ is a calibration on $\mathbb{R}^3$. That is:
- $d\varphi_u = 0$, and
- $|\varphi_u(X,Y)| \leq 1$ for every orthonormal set $\{X,Y\}$ in $T_x\mathbb{R}^3$.
(b) The surface $\Sigma = \text{Graph}(u)$ is calibrated by $\varphi_u$. That is: If $\{X,Y\}$ is an oriented orthonormal set having $X,Y \in T_x\Sigma$, then $\varphi_u(X,Y) = 1$.