Midland Basin Royalty Project, Martin, Midland, Borden, Howard, & Glasscock Counties, Texas
Producing Mineral & Royalty Interest
• 3,334.8670 Gross Acres
• Various Mineral & Royalty Interests
• 64.4329 Net Royalty Acres
• Operated by Pioneer Natural Resources, Earthstone Operating,
Ovintiv USA, Laredo Petroleum, et al
• Potential Horizontal Objectives:
Middle & Lower Spraberry, Jo Mill, Dean, Wolfcamp A & Wolfcamp B
• 29 Producing Vertical Wells
• 46 Producing Horizontal Spraberry & Wolfcamp Wells
• 21 Horizontal Spraberry & Wolfcamp DUCs
• Average Daily Production:
5,244 BOPD & 10,447 MCFGPD (Gross)
4.37 BOPD & 8.42 MCFGPD (Net)
• Average Net Income:
$9,620 / Month