The following information is provided by US Mineral Exchange. All inquiries on the following listings should be directed to US Mineral Exchange. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
US Mineral Exchange has been retained for the sale of Permian Basin royalties in Reeves County, Texas, operated by an affiliate of Diamondback Energy Inc.
Highlights:
- Location: Reeves County, Texas
- Type/Basin: Permian Basin
- Legal Location: S/2 of Section 21, Block 6, H&GN R.R., Reeves County, Texas
- Net Acres: 10.00
- Active Lease: Yes
- Royalty Percentage: 25.00%
- HBP: Yes
- Average Monthly Net Cash Flow: $4,609.00
- Operator: Diamondback E&P LLC
- Listing ID: 302223
- Starting bid: $16,500 per net royalty acre
For information visit usmineralexchange.com or contact US Mineral Exchange at marketing@usmineralexchange.com or 888-833-3509.
Recommended Reading
ONEOK CEO: ‘Huge Competitive Advantage’ to Upping Permian NGL Capacity
2024-03-27 - ONEOK is getting deeper into refined products and adding new crude pipelines through an $18.8 billion acquisition of Magellan Midstream. But the Tulsa company aims to capitalize on NGL output growth with expansion projects in the Permian and Rockies.
Elk Range Royalties Makes Entry in Appalachia with Three-state Deal
2024-03-28 - NGP-backed Elk Range Royalties signed its first deal for mineral and royalty interests in Appalachia, including locations in Pennsylvania, Ohio and West Virginia.
Marketed: Paloma Natural Gas Eagle Ford Shale Opportunity in Frio County, Texas
2024-02-16 - Paloma Natural Gas has retained EnergyNet for the sale of a Eagle Ford/ Buda opportunity in Frio County, Texas.
Marketed: Foundation Energy 162 Well Package in Permian Basin
2024-04-12 - Foundation Energy Fund V-A has retained EnergyNet for the sale of a 162 Permian Basin opportunity well package in Eddy and Lea counties, New Mexico and Howard County, Texas.
Marketed: Amati Royalties Powder River Basin Opportunity
2024-03-01 - Amati Royalties has retained EnergyNet for the sale of a Powder River Basin opportunity with four wells and two pending wells in Campbell County, Wyoming.