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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
Buy Minerals in Howard County Texas
Listing ID
401132
Listing Status
not available
- 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.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Wednesday, August 10th.
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Listing Files
To view the available files for this listing, please download the zip file using the button below.
Listing Details
Starting Bid: $415,000
- State : Texas
- County : howard
- Legal Location : Section 15, Block 25, H&TC RR CO Survey, A-25
- Net Acres : 10
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : $10,597/Month
Comments:
Update: 9/7/2022 – The seller has decided to retain the mineral rights.
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UNI Royalty Group has retained Texas Royalty Brokers to market a 10 net royalty acre package in an excellent part of Howard County Texas. This acreage has current royalty income plus upside.
These 10 net royalty acres are currently generating an average of $10,600/month in royalty income from just 2 wells. The are currently 4 DUC’s which have not started producing yet. As these wells come online, the buyer will see a nice additional stream of revenue from these wells. In addition, it is possible that even more wells are drilled in the future on this acreage.
Depending on the timing of any offer, the seller is willing to do an August 1st effective date, with the buyer receiving the August check date forward related to 10 NRA.
All bids should be on a per net royalty acres basis assuming a total conveyance of 10 net royalty acres in the Guthrie Unit. The seller has run title and confirmed the ownership. However, buyers are required to perform their own due diligence and may not rely on title from the seller. The seller is not able to provide their title report.
Important: The seller will retain all remaining ownership in the Guthrie unit, which includes ownership that is currently in pay and ownership that is currently in suspense. The seller also has additional interests in Howard county which are not for sale at this time. The seller is only selling 10 NRA in the Guthrie unit and nothing else.
PSA and Deed: The seller has completed a substantial amount of mineral rights transactions. As such, they are requiring the mineral deed be presented with the PSA. No PSA will be signed until the final deed has also been presented up front.
Files are available for download above. Alternative download:
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 8/10/2022