The following information is provided by RedOaks Energy Advisors LLC. All inquiries on the following listings should be directed to RedOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Verde Royalty Partners has retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its Eagle Ford royalty properties in DeWitt and Lavaca counties, Texas.
Highlights:
- Operator: Teal Natural Resources
- Eagle Ford liquid-rich window: DeWitt and Lavaca Counties
- High interest ownership in 21 DSUs
- 1,707 net royalty acres (normalized to 1/8th)
- PDP PV-10: $2.6 million
- 65 horizontal producing wells (average Net Revenue Interest 1.42%)
- Next 12 months projected cash flow: $1.5 million
- Significant near term development: Seven active permits, 165 quantified drillable locations
- Total PV-10: $20.5 million
Bids are due Feb. 18. For information visit redoaksenergyadvisors.com or contact Will McDonald, associate of RedOaks, at Will.McDonald@redoaksadvisors.com or 214-420-2338.
Recommended Reading
US Drillers Add Oil/Gas Rigs for First Time in 12 Weeks
2025-07-18 - The oil and gas rig count rose by seven, its biggest weekly increase since December, to 544 in the week to July 18.
Trump-Backed Investors Go $90B Big in Pennsylvania
2025-07-16 - President Trump has joined energy and tech companies in a program pledging investments totaling $90 billion to boost AI efforts in Pennsylvania.
EQT Bags 1-Bcf/d Marcellus Deal for Data Center Power Plant
2025-07-15 - The Frontier Group of Companies plans to use gas supplied by EQT to convert a shuttered coal-fired power plant northwest of Pittsburgh to a gas-fired development in support of a new data center.
Super-Deep Midland Making Big Barrels—and Big Gas
2025-07-15 - The 4.6 Bcf/d of new Permian Basin gas takeaway may be followed by another 5.9-Bcf/d expansion, and “we believe all will be needed,” a KeyBanc Capital Markets analyst said of findings from deeper target Midland Basin wells.
E&P Highlights: July 14, 2025
2025-07-14 - Here’s a roundup of the latest E&P headlines, including a natural gas discovery in the Barents Sea and a new Woodside contract offshore Mexico.