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Client Reviews

Reagan, TX

Rated 5 out of 5
May 11, 2023

Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.

Sean G.

Dimmit, TX

Rated 5 out of 5
May 10, 2023

Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.

Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.

Lisa S.

Panola, TX

Rated 5 out of 5
May 4, 2023

Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!

Christi Potts

Panola, TX

Rated 5 out of 5
May 2, 2023

Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.

Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.

Rick R.

Karnes, TX

Rated 5 out of 5
April 19, 2023

Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,

The Trial’s

Theresa T.

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Listing Title

Buy Mineral Rights in Karnes Texas

Listing ID


Listing Status

not available

Accepting Offers on 8/31/2022
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • Under Contract - in progress

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 31st.

Listing Maps

Listing Files

To view the available files for this listing, please download the zip file using the button below.

Listing Details

Starting Bid: $385,000

  • State : Texas
  • County : karnes
  • Legal Location : Multiple - Please see attached plat maps.
  • Net Acres : 47.49
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $530/Month

The seller owns an NPRI which has current oil and gas production with additional upside. The owner is selling 50% of their ownership.  We estimate the NPRI is equal to 94.99 NRA (47.49 being sold).

The seller is currently receiving an average of $1,060/month ($530/month being sold at 50%) over the 7 months of production from 2022.   There is currently just a single Concord North 1H well producing.  However, there are at least two additional wells which are currently in DUC status.

Important:  We believe DI may be showing incorrect data.   We have attached the wells table which shows a number of wells that we believe may be incorrect.   The 1H well is confirmed via the check stubs.   The 2H and 3H wells are showing as “active” and producing for 28 months.  The seller has confirmed they have never been paid for these wells.  DI is showing the owner in the tax rolls for those wells, so we believe neither of these wells is actually producing or the owner would be getting paid.  Oddly, DI is showing production data for each of these wells.  If they are producing, they could be getting lumped under the 1H well in some way.   The 8H and 9H wells are currently showing DUC stutus.  The seller has been in contact with the operator and they confirmed that there are only 2 DUC’s out there right now.   We believe the two actual DUCs are the 4H and 5H based on spud date and the seller confirmed that drilling took place around those spud dates.  The seller is following up with his contact at the operator to get more clarity around the discrepancy between DI data, check stubs, and what the operator has told them.

The seller is interested in selling 50% of their ownership.  However, for the right price they would sell 100% of the mineral rights for the right price.

All bids should be based on the NDI listed on the check stub.    A sale of 50% would mean they are selling .005037795 NDI in the Concord North Unit.   While we have provided an NRA estimate, please make all bids on the basis of the NDI listed on the check stub.

You can download the available listing files here.

Download Files

We will begin accepting offers on Wednesday, August 31st.

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.

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