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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 San Augustine TX
Listing ID
401135
Listing Status
sold
- 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.
We are currently in the listing evaluation phase for these mineral rights. We will begin accepting offers on Wednesday, August 31st.
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: $160,000
- State : Texas
- County : san-augustine
- Legal Location : Multiple - Please see attached Bison-Higginbotham Plat Map
- Net Acres : 24.52
- Active Lease : Yes
- Royalty Rate : 12.5%
- Producing : yes
- Average Income : N/A
Comments:
Update: 10-25-2022
Sold
_____________
The seller has an estimated 24.52 net royalty acres across 2 units. The Higginbotham unit is 23.37 net royalty acres on 902 acre spacing. The Bison Unit is 1.15 net royalty acres on 960 acre spacing. The Higginbotham unit is showing active status, but the seller has received two years worth of shut in royalty payments which are attached in the files linked below. The Bison unit is producing effectively nothing. The seller does not have any income from 2022 and has no check stubs to provide as there is no current income from either unit.
XTO filed two new permits in June 2022 that would make a unit that combines the Higginbotham Unit and Bison unit. The permits for these new permitted wells are also attached. XTO will likely need to drill soon to avoid losing the lease on the Higginbotham unit.
The seller would like to start negotiations at $160,000 for this interest. All bids should be on a per net royalty acre basis, assuming a total of 24.52 net royalty acres. Buyer to run title to confirm the ownership amount.
You can download the available listing files here.
We will begin accepting offers on Wednesday, August 31st.
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 8/31/2022