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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
Reeves County Texas Mineral Rights for Sale
Listing ID
401156
Listing Status
not available
- Listing Posted - complete
- Listing Evaluation - in progress
- Accepting Offers - tbd
- Client Review - tbd
- Best and Final - tbd
- Under Contract - tbd
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: $800,000
- State : Texas
- County : reeves
- Legal Location : Please see attached map.
- Net Acres : 40.00
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $1,592/Month
Comments:
Update: 6/15/2023
The seller has decided to retain the mineral rights.
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Update: 6/6/2023
Sale Pending
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This is an excellent opportunity to buy some core Reeves county acreage. This acreage is right on the border of Loving County. It is absolutely surrounded by permit and rig activity. It is operated by Anadarko.
The owner has 20 net mineral acres leased at 25% for total of 40 net royalty acres. Note: Our ownership estimate is showing net royalty acres assuming a 12.5% lease, but the lease from 2005 shows a 25% royalty.
There is currently just 1 well drilled on 657 acre spacing so there is room for a lot of additional wells. This is an great long term PUD play that also has current cash flow. The recent cash flow has been averaging around $1,600/month.
Offer should be based on 40 net royalty acres of ownership. The starting bid price for this listing is $800,000.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Tuesday, May 30th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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 5/30/2023