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Client Reviews
Denton, TX
Super easy process. Emily was great. She communicated clearly and promptly thru ought the whole process. I would definitely recommend them.
Reeves, TX
My experience working with Texas Royalty Brokers to market my mineral rights has been nothing but a great experience! They were professional, informative, prompt and made selling my mineral rights a smooth and fairly easy process. I would highly recommend them.
San Juan, NM
Knowledgeable, competent, Great communication and ultra professional. They explained in detail every step along the way. I will defiantly use them again.
Gregg, TX
Texas Royalty Brokers is wonderful! Everyone is professional, knowledgeable, and so nice. They are responsive and thorough, and I’m so glad they handled my transaction. Everything went very smoothly!
Denton, TX
A superb service that obtained the target price I had set for the sale of my minerals. Emily, who is great to work with, patiently navigated me through the process from beginning to end. Highly recommended!
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Listing Notifications
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Listing Title
Reeves County Texas Mineral Rights for Sale
Listing ID
401156
Listing Status
not available
- Listing Posted - complete
- Listing Evaluation - in progress
- Accepting Offers - tbd
- Client Review - tbd
- Best and Final - tbd
- Under Contract - tbd
Please take a moment to learn more about each listing phase.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $800,000
- State : Texas
- County : reeves
- Legal Location : Please see attached map.
- Net Acres : 40.00
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $1,592/Month
Comments:
Update: 6/15/2023
The seller has decided to retain the mineral rights.
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Update: 6/6/2023
Sale Pending
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This is an excellent opportunity to buy some core Reeves county acreage. This acreage is right on the border of Loving County. It is absolutely surrounded by permit and rig activity. It is operated by Anadarko.
The owner has 20 net mineral acres leased at 25% for total of 40 net royalty acres. Note: Our ownership estimate is showing net royalty acres assuming a 12.5% lease, but the lease from 2005 shows a 25% royalty.
There is currently just 1 well drilled on 657 acre spacing so there is room for a lot of additional wells. This is an great long term PUD play that also has current cash flow. The recent cash flow has been averaging around $1,600/month.
Offer should be based on 40 net royalty acres of ownership. The starting bid price for this listing is $800,000.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, May 30th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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.
We have other mineral rights for sale.
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.
Accepting Offers on 5/30/2023