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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.
Glasscock, TX
We had a great experience with Texas Royalty Brokers! Very professional and straight shooters. Hit the market with excellent results. Hightly recommend them!
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Listing Title
Upton County Texas Mineral Rights for Sale
Listing ID
401106
Listing Status
sold
This listing has been SOLD. Please visit our listings page and set the status filter to “Active” to see currently active listings. If you want to buy mineral rights in Texas, sign up for listing notifications to receive emails when new listings are posted.
- 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.
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This listing has been sold. To protect our client’s privacy, the listing files are no longer available for download.
Listing Details
Starting Bid: $750,000
- State : Texas
- County : upton
- Legal Location : A-558, Section 30 and A-377 Section 53
- Net Acres : 63.9
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : $5,250/Month
Comments:
Prime opportunity to purchase mineral rights in Upton County Texas. The owner of this property has had this acreage in their family for generations. Originally farm land, this acreage is now the home to 3 new horizontal wells that are generating a very nice stream of royalty income. In addition to these three wells, there are 3 active permits that were just filed within the last couple months indicating that the operator will be drilling 4 additional wells on this acreage.
This is a great opportunity to buy mineral rights in Upton County Texas that have current PDP value as well as future value from PUD wells.
The owner has received numerous offers over the last few weeks after the new drilling permits in Upton county were filed. The sellers are firm at $750,000 or better for this acreage. All bids should be based upon 63.9 acres leased at a 25% royalty rate.
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.
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.
