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Leon, TX
I had no idea how straightforward and very simple it would be to sell mineral rights in Texas. Texas Royalty Brokers, represented by Eric Winegar provided guidance on the complete process. Confirming exactly how the TRB website described each step of the sales process. Eric and his staff followed up immediately on every question I presented. I had limited information about the value of the mineral rights prior to the final offer presented which exceeded my expectations. Working with TRB, I became educated about the process of selling mineral rights and convinced me I would never try to sell without having the representation offered by Texas Royalty Brokers.
Midland, TX
I had an excellent experience working with Eric Winegar at Texas Royalty Brokers. Eric was professional, knowledgeable, and responsive. He clearly explained every step and made the process easy and stress-free. His attention to detail and commitment to getting the best outcome for me exceeded my expectations. I highly recommend Eric and Texas Royalty Brokers to anyone needing trustworthy royalty services.
Leon, TX
Texas Royalty Brokers did Everything they said they would do. They communicated often, they always answered my questions quickly and I had a lot of questions.
Very professional company. They negotiated a very good price for my mineral rights.
I would recommend them highly.
Winkler, TX
I had an excellent experience with Eric Winegar and Texas Royalty. I found him to be very knowledgeable about big and small aspects of the industry and of my particular situation. He also was very timely in communications. I highly recommend them based on my experience.
Pecos, TX
I had a very good experience working with Eric and his team. Eric was very professional and due to his knowledge added a lot of insight into helping me sell my mineral interests. I was kept well informed on a weekly basis and once there was a buyer, Eric continued to help me understand the process. From the start to the finish, during the entire process I wasn’t ever disappointed. Eric has a great deal of experience and knowledge of mineral values and he also has many connections in the industry. If you are interested in selling minerals you own, I highly recommend you contact Eric and the good folks at Texas Royalty Brokers.
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Listing Title
Purchase Mineral Rights in Scurry County Texas
Listing ID
401140
Listing Status
not available
- 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.***
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:
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.
Accepting Offers on 10/11/2022