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Client Reviews
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
Anderson, TX
They have great communication throughout the whole process. They are thorough in answering questions and are quick to respond. I am very satisfied with the service I received and will use them again.
Loving, TX
My sister and I had inherited some mineral rights from our mother’s estate, and we didn’t know where to begin. Emily and Eric both answered every question, gave us all the guidance we needed and we walked away with an offer/sale that was well above any that had been offered before. I would highly recommend Texas Royalty Brokers!
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Listing Title
Buy mineral rights in Morris County Texas
Listing ID
401231
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.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $117,500
- State : Texas
- County : morris
- Legal Location : A-59, A-191, A-103
- Net Acres : 62.55
- Active Lease : Yes
- Royalty Rate : 20%
- Producing : no
- Average Income : N/A
Comments:
Update 4/8/25:
Seller decided to hang onto the mineral rights.
________________
Have you purchased mineral rights in Morris County, Texas? Probably not, because there are only 33 active wells in the entire county. However, now might be the time because there are big things happening in the southern part of this unknown county.
Our seller recently leased 39.1 NMA at 20%, giving them 62.6 NRA. They own in three different abstracts, and there is currently a DUC well that goes right down the middle of two abstracts that were leased. This DUC was drilled by Rose City Resources. Just next door, Rose City Resources drilled a well that has produced 461,000 bbls in the last 24 months.
The DUC well is the Luxor 1H well. This DUC wells goes directly over A-59 and A-191 where the seller has 205.92 gross acres. This well appears to be an allocation well so we are unsure how much acreage will end up in pay under this well. We have attached the plat and permit for this well. The well next door is the Horseshoe 1 well (4234330116). This well has been a very strong producer.
There are 309.92 gross acres, with 104 gross acres falling in A-103. This acreage sits more to the West. However, Rose City has an additional permit filed for a well that borders right up against this abstract. That well is the Tuscany well and we provided a plat map to show it right next to A-103.
While this is not a well known county, this is an opportunity to pick up acreage for $1,878/NRA with a DUC likely to produce immediate upside and also high potential for future drilling.
For this listing, we are requiring the following:
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- Special Warranty Deed
- 30 Day Close
- Any adjustments that cause the purchase price to decrease by 10% or more must be mutually agreeable.
- Our closing process included in the PSA, which is: At closing, buyer will provide the mineral deed. The seller will execute the mineral deed and return it to Texas Royalty Brokers. Texas Royalty Brokers will provide buyer with a scanned copy of the deed, and buyer will then wire funds to seller and Texas Royalty Brokers respectively. Once funds are confirmed, Texas Royalty Brokers will overnight the deed to the Buyer.
- Buyer must close within 14 days or sign our qualified buyer agreement.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday, April 3rd.
All buyers are required to either do a 14 day close or sign our qualified buyer agreement once a deal has been verbally agreed upon. In certain situations, we may require a $25,000 earnest deposit at the sole discretion of Texas Royalty Brokers.
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 4/3/2025