sellers
Texas Royalty Brokers
Popular Topics
Mineral Rights Report
Buyers
New Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Client Reviews
San Augustine, TX
I am so grateful for the guidance during the process of selling my mineral rights. This was a huge decision! Eric and his team are top notch professionals, answering any and all concerns/questions along the way. I would definitely recommend Texas Royalty Brokers!
Anderson, TX
I went into the listing and sale of mineral rights knowing nothing! TRB made the process easy. They explained every step of the process with frequent updates and were patient and prompt in answering any questions. I could not have navigated this process without them. I am truly grateful for their help and highly recommend TRB for anyone looking to sell their mineral rights.
Harrison, TX
I dealt with Emily and she did a wonderful job. She did research for me into the value of mineral rights and gave me the option to sell through them or to wait. I choose to hold on to my mineral rights for the time being but had a great experience working with her. I would definitely recommend to anyone needing help with their oil and gas mineral rights to give her a call.
Anderson, TX
They have great communication throughout the whole process. They are thorough in answering questions and are quick to respond. I am very satisfied with the service I received and will use them again.
Loving, TX
My sister and I had inherited some mineral rights from our mother’s estate, and we didn’t know where to begin. Emily and Eric both answered every question, gave us all the guidance we needed and we walked away with an offer/sale that was well above any that had been offered before. I would highly recommend Texas Royalty Brokers!
Blog Categories
Listing Notifications
To receive notifications regarding new listings that are activated on our website, please enter your email address below.
Listing Title
Webb County Texas Minerals for Sale
Listing ID
401145
Listing Status
not available
- Listing Posted - complete
- Listing Evaluation - complete
- Accepting Offers - tbd
- Client Review - tbd
- Best and Final - tbd
- Under Contract - tbd
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 Thursday, February 9th.
Listing Maps
Listing Files
Please click the download button below to view the listing files. Listing files include maps, check stubs, and other documentation.
Listing Details
Starting Bid: $510,950
- State : Texas
- County : webb
- Legal Location : A-41, situated in Porcion 9
- Net Acres : 92.9
- Active Lease : Yes
- Royalty Rate : 25%
- Producing : yes
- Average Income : N/A
Comments:
Update: 2/10/2023
The sellers have elected to take their existing offer. We have deactivated the listing.
__________________________________
Update: 2/3/2023
We have included a couple maps that show the potential location of this ownership a little bit further South, assuming the RRC and Eneverus are showing the wrong data. It is up to each buyer to independently verify the location of the ownership as we can’t confirm which is correct.
__________________________________
Update: 2/2/2023
It has been brought to our attention that both DrillingInfo/Enverus & the RRC have A-41 incorrectly displayed. You may find better information on the Texas GLO website as it is correct there. The actual location is south of the Las Islitas-Lewis wells, and the acreage goes from the river just past the Habanero wells. We are working to verify this information and will update the listing accordingly with new maps once this information has been confirmed.
__________________________________
These mineral rights are located in Webb County Texas and were leased in January 2022. There are three family members who each leased 30.96 NMA spread over 5 different tracts. We have attached the lease agreement, recorded memo for lease, the deed conveying the ownership to each family member out of trust, and the original deed referenced with tract descriptions. Note: There were 5 total family members on the original lease. There are 2 which do not wish to sell at this time, please do not contact them. They will be kept in the loop on any offers we receive.
The lease is a 5 year term with no option to extend, so approximately 4 years remaining on the lease agreement. These mineral rights are leased at a 25% royalty rate. If drilling occurs during the term of the lease, the buyer would have 185.8 net royalty acres in production.
On the order for payment document, this was provided by the company who leased the mineral rights. Please note that on the final page, it shows 30.96 NMA per owner. That is the combined total for all 5 tracts on a per owner basis.
There is already drilling all across this abstract, with active permits and rigs in the area. This is a great opportunity to buy a nice size acreage position with activity and a large amount of horizontal wells drilled all around it.
The owners would like to start the bidding at $5,500/Net Mineral Acre, or $510,950 total for the 92.9 available for sale.
To view/download the listing files, please visit the link below:
We will begin accepting offers on Thursday, February 9th.
All buyers are required to either do a 14 day close, make a $5,000 deposit, or sign our qualified buyer agreement once a deal has been verbally agreed upon.
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 2/9/2023