menu

Midland Basin Non-Operated Leasehold and Minerals

Andrews, Coke, Cooke, Crockett, Dawson, Gaines, Glasscock, Hockley, Irion, Martin, Midland, Schleicher, Scurry, Upton and Yoakum Counties, Texas

ASSET HIGHLIGHTS

Land

  • 8,730.59 Net Acres *
    • Majority is held by production
  • Average interest in existing wells
    • WI: 23.55%, NRI: 18.92%
  • Average effective net royalty interest 80%
  • 698.64 net mineral acres
  • ~200 active wells

Reserves and Economics

  • Net daily production
    • 86 BO, 126 MCF
  • Monthly cashflow
    • $51,640

Overview

  • Notable Operators
    • Apache, Chevron, Diamondback, Occidental, Pioneer, Unit, XTO
  • Over 150 active rigs in these 15 counties

*Depth severances shown on lease schedule in VDR


For Questions, Please Contact:

Derec Norman, Director of Marketing (918) 481-5900 ext. 226
Shawn Nix, Engineering Manager - Mid-Continent (918) 481-5900 ext. 222
Harriet Robinson, RPL, Director of Land & Business Develop (918) 481-5900 ext. 229
Jean Antonides, Consulting Geologist (918) 481-5900 ext. 223

Bid Date

July 18, 2019

Effective Date

June 1, 2019

Closing Date

August 15, 2019

Important Links

Open Listings New Account Signup