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Lea, NM
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Hemphill, TX
Emily and Eric are fantastic and very helpful. I know nothing about royalties, etc. They made it so easy, quick and painless. 5 out of 5 stars for sure!!!!
Lavaca, TX
Texas Royalty Brokers assisted me in a sale; they were straightforward and clear on the process; answered every question I had along the way….I would recommend them…
Shelby, TX
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Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
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Listing Title
Loving County Texas Minerals for Sale
Listing ID
401105
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
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This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $123,000
- State : Texas
- County : loving
- Legal Location : A-1150, Section 8
- Net Acres : 24.6
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $375/Month
Comments:
If you want to buy mineral rights in Loving County Texas, this listing is for you! The owner who is selling mineral rights in Loving County Texas has 24.6 net mineral acres leased at 20%.
This acreage has a couple of older horizontal wells already drilled. Those wells are still producing and have been average about $375/month in royalty income. Over the last few months we have seen that income steadily rising as oil prices continue to improve in 2021. These should be pretty consistent producers from this point forward as we are well past the initial decline.
There is also upside on these mineral rights. The value of these mineral rights is really in the future production from additional drilling. There is currently space for at least 4 more horizontal wells. While there are no active permits, this area is surrounded by rig activity and we expect to see some quality income from future drilling occur.
The mineral owner has exclusively listed with Texas Royalty Brokers. Please do not contact the mineral owner directly. To make a bid or ask questions about this listing, please contact Texas Royalty Brokers using the contact form below. Our team will quickly be in touch.
Exclusitivity Notice
All listings posted at Texas Royalty Brokers are exclusive. The seller has agreed to exclusively sell through our company and will become personally liable if you close a deal directly with the seller. Please direct all offers and communication directly to Texas Royalty Brokers.
