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Lea, NM
Wonderful experience! Highly recommend the Texas Royalty Brokers
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
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
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
Gonzales County ORRI for Sale
Listing ID
401114
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
Please take a moment to learn more about each listing phase.
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Listing Files
This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $110,000
- State : Texas
- County : gonzales
- Legal Location : Tumlinson J Survey, A-444
- Net Acres : N/A
- Active Lease : Yes
- Royalty Rate : 18.75%
- Producing : yes
- Average Income : $2,650/Month
Comments:
This an opportunity to pick up a nice ORRI interest in Gonzales County Texas. This single well is producing a very solid royalty income of $2,650/month. This well has been producing for around 4.5 years now so we are past most of the flush production on this well.
The size of the unit is 750.0 net mineral acres so there is substantial upside. If additional horizontal oil and gas wells are drilled these mineral rights will be worth substantially more. There are currently no active permits to drill more oil and gas wells on this acreage, but the operator has told the seller they plan to drill more in the next 4 or 5 years.
The value of these mineral rights is based on the current royalty income as well as the potential upside on the acreage.
The seller is willing to entertain offers at $110,000 or better. Based on other offers they have received, you will need to be in this ballpark or higher with bids. All bids should be based upon the decimal interest listed on the check stub. No adjustments will be allowed at closing unless the operator is paying them incorrectly.
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.
