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Reeves, TX
Texas Royalty Brokers did a fantastic job helping us sell our mineral interests. They were extremely knowledgeable, responsive, and transparent throughout the entire process. They explained everything clearly, kept us updated every step of the way, and helped us secure a very fair deal. We felt confident and well represented from start to finish. I highly recommend them.
Shelby, TX
Emily and Eric were extremely helpful throughout the entire process from start to finish. Very good at explaining the process and keeping me updated on where things were. Appreciate their help in making this a smooth and productive transaction!
Leon, TX
Texas Royalty Brokers were very professional and got the job done!
Hats off to Texas Royalty Brokers!!
Lea, NM
Emily and Eric really did a good job guiding us through the process to sell our mineral rights.
They found a buyer quickly, and even though our records were old and scattered, taking longer than usual to document things, they patiently worked with us to complete the sale. They are the best. Ken Flake.
Robertson, TX
Texas Royalty Brokers helped me and my family navigate some tricky inherited minerals. I had great peace of mind using them versus dealing directly with a buyer. Very satisfied experience.
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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.
