Buy Minerals in Tarrant County Texas

Starting Bid: $500,000

• State : Texas
• County : tarrant
• Legal Location : Abstract 531, SCT Ford Survey & Abstract 639 J. Hibbons Survey & Abstract 1956 I&GN RR CO Survey
• Net Acres : 239.23
• Active Lease : Yes
• Royalty Rate : 12.5%
• Producing : yes
• Average Income : $12,448/Month

Comments:

These mineral rights have been sold.

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Update: 9/13/2022

The seller has provided the August 2022 check stub, which was $16,000.  This takes the average monthly royalty income up to $12,448/month.  In the link below, you can see the August 2022 check stub as well as an updated revenue summary.

The seller has also decided to lower the starting bid price.  The starting bid price is now $500,000.  The seller has confirmed they will sell at $500,000 or better for 100% of this ownership.

Best and final bids are due by end of day on Monday, September 19th.

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The Sampson Family Limited Partnership has retained Texas Royalty Brokers to market nearly 240 net royalty acres in Tarrant County Texas.

If you have been looking for a deal that is fully PDP from gas production, this is it!

These mineral rights are producing a solid royalty income of nearly $12,000/month from 5 vertical wells and 2 horizontal wells.   These wells are consistent producers that are well past their initial decline.  The buyer of these mineral rights is going to get a strong royalty income stream for years to come as these wells continue to produce solid returns.

On the latest check stub, gas was paying out at an average of $6.50/MCF.  Current gas prices are approaching nearly $9/MCF.   While the price of oil has declined, natural gas prices have remained extremely strong.   As we enter the winter months with already high gas prices, this ownership may provide some excellent returns for the buyer.

You can download the available listing files here.

Download Files

Due to the fact there is no upside remaining in this ownership, all bids should be on a cash flow basis.  No adjustments will be allowed at closing for any reasons related to title unless the adjustment is mutually agreeable to the seller.   Please make all bids based on the cash flow currently being generated.

Note:  The seller will keep the August check.   The September check forward will go to the buyer depending on when this goes under contract.

We will begin accepting offers on Wednesday, August 24th.

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.