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Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
Winkler, TX
I had an excellent experience with Eric Winegar and Texas Royalty. I found him to be very knowledgeable about big and small aspects of the industry and of my particular situation. He also was very timely in communications. I highly recommend them based on my experience.
Pecos, TX
I had a very good experience working with Eric and his team. Eric was very professional and due to his knowledge added a lot of insight into helping me sell my mineral interests. I was kept well informed on a weekly basis and once there was a buyer, Eric continued to help me understand the process. From the start to the finish, during the entire process I wasn’t ever disappointed. Eric has a great deal of experience and knowledge of mineral values and he also has many connections in the industry. If you are interested in selling minerals you own, I highly recommend you contact Eric and the good folks at Texas Royalty Brokers.
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Listing Title
Ward County Texas Mineral Rights for Sale
Listing ID
401162
Listing Status
sold
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - complete
- Client Review - complete
- Best and Final - complete
- Under Contract - complete
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: $600,000
- State : Texas
- County : ward
- Legal Location : Section 193, Block 34, H&TC RR Co Survey
- Net Acres : 30.29
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $760/Month
Comments:
Update: 8/29/2023
Sold
____________________
Update: 7/29/2023
Sale Pending
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The owner of these mineral rights has 30.39 net royalty acres in Ward County Texas for sale. This ownership sits relatively close to the Winkler county line, and there is permit and rig activity all over this area.
There are 3 older horizontal wells drilled around 2010 that produce $760/month on average. In addition, there are currently 2 wells already drilled on this acreage in DUC status. These wells are operated by Mewbourne Oil Company. There is great upside in this acreage and it’s in a great location.
Important: Please note that the DUC wells are allocation wells. The plat maps seem to show the entire section of 193 included.
This ownership is currently held in the name of Alice Jane McCallister, who is now deceased. Her daughter, Lisa Adams, is the executor of the Will and handling this sale. We have a copy of the Will, letter of testamentary, and a copy of the death certificate upon request. The seller requested we not post those publicly.
Per the seller, Alice Jane McCallister inherited the mineral rights from Lenox and Helen Whitaker (her parents) and then also inherited some from “Aunt Bonnie” who gave some to her parents and some to Bill.
You will note in the listing files that we include a lot of information related to Bill Whitaker. Bill Whitaker was Alice McCallister’s Cousin. He has an identical ownership, but he is also deceased. It is our understanding that Bill and Alice inherited all of their interest from other family members, but are not sure of the exact chain of ownership. Oxy does have Alice in pay status on .005803. This is the interest being sold. Title will need to confirm the ownership.
Note: We did find an old lease that Bill Whitaker signed. We do not have a copy of any lease that Alice signed, but it’s very possible they signed the same lease agreement so we included it here for reference.
All bids should be based upon 30.29 net royalty acres. Adjustments will be allowed on this listing on a per NRA basis, up to 25% of the amount represented.
The seller would like to start the bidding at $600,000 for these mineral rights.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, July 25th.
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 7/25/2023