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Client Reviews

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

Shelby, TX

Rated 5 out of 5
August 1, 2022

By listing our mineral interests with Texas Royalty Brokers, my husband and I received an offer more than 50% higher than the best offer we received in the mail. And, the expert guidance we received from Eric Winegar through the entire process was just as important.

Eric established value, listed the property, discussed options, vetted and coordinated paperwork, always provided thoughtful and knowledgeable guidance, clearly answered our many questions, and looked after our interests, keeping us informed every step along the way. We are so glad that we listed our property with Texas Royalty Brokers.

Linda, N.

La Salle, TX

Rated 5 out of 5
June 24, 2022

Our family was on the fence about selling mineral rights until we got a really high offer in the mail. We reached out to see if the offer was a fair one. Within just minutes the company responded and walked us through the value of the mineral rights. We decided to list the mineral rights to see if there was a better offer. Sure enough, we got a bid that was even higher. I can’t thank Eric and the team at Texas Royalty enough for helping our family with the sale of these mineral rights. We are truly thankful.

Amy R.

Harrison, TX

Rated 5 out of 5
June 18, 2022

We got an offer from [redacted] in the mail. I knew this offer was a low ball offer, but we hadn’t really thought about selling until the offer came in. My wife and I didn’t want to be greedy, but we also wanted to sell for the best price we could find. I reached out to a few other buyers and then decided to list this at Texas Royalty Brokers. It was the best decision we could have made. We ended up walking away with substantially more money.

Arnold P.W.

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Listing Title

Purchase Mineral Rights in Scurry County Texas

Listing ID

401140

Listing Status

not available

Accepting Offers on 10/11/2022
  • 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

***Note: Please use the download files link in the description for the listing files. There are too many files to upload on this listing.***

Download

Listing Details

Starting Bid: $800,000

  • State : Texas
  • County : scurry
  • Legal Location : Multiple - Please see attached plat maps.
  • Net Acres : N/A
  • Active Lease : Yes
  • Royalty Rate : 20%
  • Producing : yes
  • Average Income : $18,880/Month
Comments:

Update:  11/7/2022

The seller has decide to retain the ownership.

____________________________

The owner of these mineral rights has an exceptional acreage position in Scurry, Fisher, and Cochran counties.  This acreage is predominately located in Scurry, but there is some additional ownership in Fisher and Cochran that are included in the sale.

These mineral rights have generated an average of $18,880/month in 2022.  There is a mix of newer production and older production, but all of these wells have a substantial life remaining.   In addition to the current royalty income there is huge upside potential on this acreage.  In most locations, there are just one to two wells drilled currently leaving a large amount of space for upside.  If you look at the permitted locations in Scurry/Fisher, you will see that their acreage is sitting perfectly in the core of the all the permit activity.   Not only are you getting an exceptional monthly royalty income, there will be a massive amount of upside in the future when new wells are drilled.

In Cochran county, it appears there is a rig on location for the Buffalo Bill 4H well currently being drilled which will add some additional immediate upside.

On the attachments below, we have royalty checks for all the operators.  In addition, there are two spreadsheets.

“FOR SALE – Well Inventory” –  This spreadsheet includes all ownership that is being sold for this listing.  All bids should be based on buying the NDI’s listed for each well.  What is being sold is only the minerals / wells on this for sale document.   The check stubs included show wells that are not on this spreadsheet.  You are not purchasing all wells that fall under an operator, you are purchasing only the wells on the spreadsheet and associated NDI with those wells.   The seller provided this spreadsheet.  We checked and verified the NDI’s against the check stubs.  In addition, we spot checked certain months of production on a per well basis against what they are showing.  We found zero errors in the dollar values they are reporting.  However, we have not independently verified every dollar value in the provided spreadsheet.

In addition to the ownership that this listing represents, the seller also has additional ownership in Scurry and Fisher counties.  The seller is open to entertaining offers for ALL of their ownership, but please make two bids if you want to bid on all.  One bid for the “for sale” portion, and then another bid including all ownership they have listed.   Please note that check stubs may still include locations not for sale (Yoakum), and only the items on the “ALL – Well Inventory” are for sale.

All bids should be based upon the NDI’s listed on the check stubs.

Note:  We have listed a 20% royalty rate.  There are many tracts here with lots of different lease royalty rates, but they are mostly around the 20% range which is why we are representing that value.

Please download files here:

Download Files

We will begin accepting offers on Tuesday, October 11th.

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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