Glasscock County Texas Mineral Rights for Sale

Starting Bid: $1,142,750

• State : Texas
• County : glasscock
• Legal Location : Multiple - See attached maps
• Net Acres : 163.25
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $5,861/Month

Comments:

Glasscock County, Texas – 163.25 Net Royalty Acres

This is a premier opportunity to acquire a large, income-producing mineral package in one of the most active and desirable areas of the Midland Basin. We believe our client’s ownership totals 163.25 net royalty acres (NRA) across multiple proven and high-potential units in Glasscock County, Texas, with steady monthly income, active leasing, and clear upside from new drilling.

Asset Overview

Sections 25 and 36 – 67.67 Net Royalty Acres

The Jost 25 Unit consists of 320 acres and currently has seven vertical producing wells. Our client owns 18.67 net royalty acres in this unit, which has a strong vertical production history and ample spacing for future development.

The Halfman 36-25 Unit covers 640 acres and overlaps the Jost 25A, Schwartz 25, and Halfman 36 units. Our client owns 37.33 net royalty acres in this area and is in pay from both older vertical and newer horizontal wells, offering a solid blend of current cash flow and long-term upside.

To the West of the Halfman 36 unit in Section 36, there are two units, with older vertical wells, the Carl Trantham Unit and the JR Duncan Unit.  We believe our client owns 5.83 NRA in each unit. With these old verticals in this half of the section, we believe XTO will need drill something new soon to hold this acreage, making it primed for upside.

Sections 30 and 32 – 92.21 Net Royalty Acres

Our client is in pay in all vertical and horizontal allocation wells across seven units: LPI-Agnell, LPI-Billingsley 32, LPI-Hoch, LPI-Hoelscher 32, LPI-Pechacek 32, LPI-Pelzel 30, and LPI-Schwartz 30. Each of the first six units is 160 acres, with approximately 11 NRA owned in each. In the 320-acre LPI-Schwartz 30 Unit, our client owns 22.72 NRA. Altogether, this ownership represent about 92.21 NRA across 1,280 acres, with substantial room for additional development and future upside.

Section 27 – 3.37 Net Royalty Acres

The Hirt “27” Unit covers 160 acres and includes one vertical producing well. Our client owns 0.83 net royalty acres in this unit.

The Hirt 27 Unit is just to the West of the Hirt “27” Unit, but is operated by Atropos and is 488 acres. We are counting 2.54 NRA for our client in this unit.

The Hirt 27 Unit overlaps the Cousin Eddy Unit, which is 160 acres and not counted in our NRA calculation.  There are 2 vertical wells in this unit, and 3 permitted wells, in which we believe our client will be in pay.  These permits were filed in 9/2025 and 10/2025, so they are less than 30 days old.   We believe our client would be in pay on .97 NRA in these permits.

Recent Leasing Activity and Development

In September 2024, Vital Energy leased all of Section 25 and the southeast portion of Section 36, indicating strong operator interest and continued development momentum. Two new DUC wells, the Schwartz J and Schwartz Q, located in the southeast quarter of Section 36, have been drilled and are awaiting completion. Our client was included in the Vital Energy lease and is expected to be in pay on both wells once they come online.

Our client has 18.66 NRA in the E/2 of Section 36.   These two new DUC wells are in the SE/4 of Section 36.   We would estimate our client to be in pay on half of the 18.66 NRA, or 9.33 NRA in the SE/4 of Section 36.

Current Income

Our client is currently in pay with two active operators in this area of Glasscock County. With Ovintiv, the interest averages approximately $1,100 per month in royalty income, calculated from the July year-to-date average and excluding two recent months with accounting adjustments. With Vital Energy, the interest has generated $42,787 year-to-date as of September 2025, averaging $4,700 per month. Combined, the ownership produces an average of $5,861 per month in royalty income.

Offering Summary

The starting bid for this acreage is $7,000 per net royalty acre. With 163.25 NRA across productive units, active leases, DUC wells nearing completion, new permits and clear room for future development, this represents an exceptional value and a compelling opportunity for investors seeking both current income and upside exposure in Glasscock County, Texas.

For this listing, we are requiring the following:

1. 1. Special Warranty Deed
   2. 30 Day Close
   3. Any adjustment greater than 10% to the purchase price must be mutually agreeable.  
   4. Our closing process included in the PSA, which is:   At closing, buyer will provide the mineral deed.  The seller will execute the mineral deed and return it to Texas Royalty Brokers.  Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively.  Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.   
   5. Buyer must close within 14 days or sign our qualified buyer agreement.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, October 21st. 

All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon.  In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.

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.