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Shelby, TX
I found the team at Texas Royalty Brokers to be honest, competent, and focused on my needs. I plan on using them again and would not hesitate to recommend them.
Atascosa, TX
Around a year ago I received a brochure from Texas Royalty Brokers. I held on to it till this year. In speaking with the team at Texas Royalty Brokers it was clear to me to use their expertise. They were extremely knowledgeable and helpful in guiding me through this extensive process. I could completely recommend them to anyone interested in selling their minerals.
Karnes, TX
Emily and Eric did a wonderful job of marketing and selling my minerals. They were very helpful during the whole transaction. I couldn’t have asked for a better deal!
Karnes, Tx
We had an amazing experience with Emily and Eric. They were professional and knowledgeable in handling our deal and exceeded our expectations. We even experienced an issue on our end that they helped walk us through and resolve quickly! I would definitely use them again!
La Salle, TX
They were so Great… always up front, they did all the work and we got a very fair price… Didn’t have to bother with all the calls of other brokers with bait and switch offers. TRB are the Only way to sell your royalties and get a fair price.
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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