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Client Reviews

Howard, TX

Rated 5.0 out of 5
August 15, 2023

Recently, I inherited some mineral rights and soon began receiving offers in the mail. Being new to the whole process, I was quite unsure about the best steps forward. After conducting some research, I decided to list the rights with Texas Royalty Brokers, and it was the best decision I made! The team provided me with comprehensive knowledge about the market, ensuring I had all the data in front of me to make an informed decision. Not only were they professional and thorough, but also transparent in all our dealings. The result? The offers I got through Texas Royalty Brokers were substantially higher than any of those I received in the mail. For anyone navigating the complex world of mineral rights, I can’t recommend Texas Royalty Brokers enough. Their expertise and commitment to clients are unmatched. The outcome speaks for itself. Thank you, Texas Royalty Brokers, for making this experience smooth and profitable!

Alexis H.

Reeves, TX

Rated 5.0 out of 5
July 17, 2023

Texas Royalty Brokers truly understood the value of my minerals and worked tirelessly to secure a deal that left me pleasantly surprised. They kept me informed throughout the process, with no confusing jargon or hidden agendas. Just honest and straightforward communication.

Albert K.

Reagan, TX

Rated 5.0 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 5.0 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 5.0 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

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Listing Title

Reeves County Texas Mineral Rights for Sale

Listing ID


Listing Status


Accepting Offers on 11/14/2023
  • Listing Posted - complete
  • Listing Evaluation - complete
  • Accepting Offers - complete
  • Client Review - complete
  • Best and Final - complete
  • Under Contract - in progress

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: $175,000

  • State : Texas
  • County : reeves
  • Legal Location : Lots 9 and 16, Section 18, Block 55, T4S
  • Net Acres : 10
  • Active Lease : Yes
  • Royalty Rate : 12.5%
  • Producing : yes
  • Average Income : $3,233/Month

Update:  11/21/2023

Under Contract


Update:  11/17/2023

Best and Final bids are due by end of day on Tuesday, November 21st.


Update:  11/14/2023

All bids due by Friday, November 17th at Noon.


Important:  Acreage is mineral classified status.


This is an opportunity to buy some nice PDP acreage in Reeves County Texas.

The Laramie wells are operated by Andarko/Oxy, and represent the bulk of the royalty income.  A number of wells were drilled in April 2021.   The owner is also being paid for the Wendy State by Devon.  The Wendy State ownership overlaps with the Laramie State wells.

This acreage is mineral classified, and the seller has a total of 10 net mineral acres / net royalty acres.  Due to this being mineral classified, the land would also be included in the sale as required by law.

According to DI, we are showing another potential well, the Laramie State 22H, which is in drilled status.  We can’t confirm whether this is an additional well that was actually drilled or whether DI is just showing incorrect information.   If that well is drilled, this represents additional upside for this ownership.

This seller also has some additional ownership in Reeves County, the Johnny Ryall wells under Conoco, which are not included in the sale.   The seller is unlikely to sell this acreage as they want to hold onto it for now, but you are of course welcome to throw out an offer for that portion.  The average income for the Ryall wells is $6,500/month.

The starting bid price on this acreage is $175,000.  This represents just a 4.5 year pay back.  While the wells are still somewhat flush production, you also get the surface included on the sale.

All bids should be based upon the cash flow value.  No adjustments will be allowed if more or less acreage is owned.  This ownership seems pretty clear cut at 10 NMA/NRA.

To view/download the listing files, please visit the link below:

Download Files

We will begin accepting offers on Tuesday, November 14th.

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.

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