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Client Reviews
Denton, TX
Super easy process. Emily was great. She communicated clearly and promptly thru ought the whole process. I would definitely recommend them.
Reeves, TX
My experience working with Texas Royalty Brokers to market my mineral rights has been nothing but a great experience! They were professional, informative, prompt and made selling my mineral rights a smooth and fairly easy process. I would highly recommend them.
San Juan, NM
Knowledgeable, competent, Great communication and ultra professional. They explained in detail every step along the way. I will defiantly use them again.
Gregg, TX
Texas Royalty Brokers is wonderful! Everyone is professional, knowledgeable, and so nice. They are responsive and thorough, and I’m so glad they handled my transaction. Everything went very smoothly!
Denton, TX
A superb service that obtained the target price I had set for the sale of my minerals. Emily, who is great to work with, patiently navigated me through the process from beginning to end. Highly recommended!
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Listing Title
Loving County Texas Minerals for Sale
Listing ID
401105
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
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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: $123,000
- State : Texas
- County : loving
- Legal Location : A-1150, Section 8
- Net Acres : 24.6
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : yes
- Average Income : $375/Month
Comments:
If you want to buy mineral rights in Loving County Texas, this listing is for you! The owner who is selling mineral rights in Loving County Texas has 24.6 net mineral acres leased at 20%.
This acreage has a couple of older horizontal wells already drilled. Those wells are still producing and have been average about $375/month in royalty income. Over the last few months we have seen that income steadily rising as oil prices continue to improve in 2021. These should be pretty consistent producers from this point forward as we are well past the initial decline.
There is also upside on these mineral rights. The value of these mineral rights is really in the future production from additional drilling. There is currently space for at least 4 more horizontal wells. While there are no active permits, this area is surrounded by rig activity and we expect to see some quality income from future drilling occur.
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.
