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Client Reviews

Howard, TX

Rated 5 out of 5
January 3, 2023

The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.

Christopher W.

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

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Listing Notifications

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Listing Title

Minerals for Sale in Midland Texas

Listing ID

401130

Listing Status

not available

Accepting Offers on 7/7/2022
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - tbd
  • Best and Final - tbd
  • Under Contract - tbd

Please take a moment to learn more about each listing phase.

We are currently accepting offers for these mineral rights.  Offers will be accepted until Friday, July 15th.

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: $115,000

  • State : Texas
  • County : midland
  • Legal Location : Various, please see the attached wells table and associated maps.
  • Net Acres : 1.04
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $1,962/month
Comments:

Update:  7/15/2022

The seller has decided to retain the mineral rights for the time being as they didn’t get any offers they felt were acceptable.

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*****Note*******
This listing was activated on 7/7/2022.   We are going to accept offers immediately on these mineral rights until Friday, July 15th.  The seller has a confirmed current legitimate offer in hand that is just shy of the starting bid price.  If no bids at the starting bid price or higher are received before Friday, July 15th, the seller will accept the offer they have in hand.

_________________________________

This is an opportunity to pick up prime acreage that currently has 22 active wells, 4 completed wells, 9 DUC wells, and 1 active permitted well.   The current royalty income is just shy of $2,000/month.  While there is a lot of flush production on these wells, there is also a lot of upside in the 13 completed and DUC wells that will come online.

The owner of these mineral rights acquired the mineral rights by purchasing homes, and then selling those homes but retaining the mineral rights.  The seller believes they acquired them through 4 home sales, but we were only able to locate 3 of the 4 deeds that show a mineral rights reservation.

In the attached ownership estimate, we believe the total net royalty acres to be around 1.04. The charger appears to have multiple unit sizes on the permits we pulled, so we are not 100% confident in the total number of net royalty acres.   This ownership estimate is truly just an estimate and all bids should be based on conveying the decimal interests listed on the check stubs from Endeavor and Deep Rock.

Files are available for download above.  Alternative download:

Download Files

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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