Negotiated MINERAL INTERESTS FOR SALE


Glasscock County Cole Ranch RI Sold.png

"Cole Ranch Royalty Interest”
Glasscock County, Texas

  • Asking Price: $675,000
     

  • 3,220.60 Gross Acres
     

  • 50.3219 Net Royalty Acres
     

  • Operated by Diamondback E&P, Apache Corporation, Endeavor Energy Resources & Pioneer Natural Resources
     

  • Primary Horizontal Objectives:

    Lower Spraberry, Wolfcamp A, Upper & Lower Wolfcamp B & Wolfcamp C
     

  • Secondary Horizontal Objectives:

    Middle Spraberry & Cline/Wolfcamp D
     

  • 3 Producing Horizontal Spraberry & Wolfcamp Wells

  • 53 Producing Vertical Wolfcamp Wells

  • Average Daily Production:
    375 BOPD & 1,963 MCFGPD (Gross)
    0.73 BOPD & 3.83 MCFGPD (Net)

  • Average Net Income:

    $1,401 / Month


 
Midland County Black Diamond ORRI Sold.png

“Black Diamond ORRI”

Midland County, Texas

Producing ORRI

•    Asking Price: $1,267,200

•     1,536.00 Gross Acres

•    46.08 Net Royalty Acres

•    0.3750% ORRI

•    Operated by Endeavor Energy Resources, LP

•     Primary Horizontal Objectives:
Lower Spraberry, Upper & Lower Wolfcamp A and Upper & Lower Wolfcamp B

•    Secondary Horizontal Objectives:
Middle Spraberry, Jo Mill, Wolfcamp C & Wolfcamp D

•     2 Producing Horizontal Devonian Wells

•    5 Producing Vertical Wolfberry Wells

•     8 DUC Horizontal Wolfcamp A Wells
2 DUCs Completed 05/2019

•     Average Daily Production:
40 BOPD & 168 MCFGPD (Gross)
0.15 BOPD & 0.63 MCFGPD (Net)

•    Average Net Income:
$184 / Month


“Clark Mineral Interest”

Reagan County, Texas

•       Asking Price: $550,000

•       640.00 Gross Acres

•       5.00% Mineral Interest

•      32.00 Net Mineral Interest

•       32.00 Net Royalty Acres

•      Operated by Endeavor Energy Resources, LP

•       Potential Horizontal Objectives:
Middle & Lower Spraberry, Wolfcamp A, Upper & Lower Wolfcamp B,
Wolfcamp C & Wolfcamp D/Cline

•      2 Producing Vertical Wolfberry Wells

•      4 Permitted Horizontal Wells