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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 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.

_________________________________

*****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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