The following information is provided by LandGate Corp. All inquiries on the following listings should be directed to LandGate. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
LandGate is representing a mineral owner in the sale of a core Eagle Ford producing mineral position.
The offering includes core Eagle Ford and Austin Chalk minerals in Karnes and DeWitt counties, Texas. These minerals participate in 47 producing horizontal wells operated by EOG Resources Inc. and ConocoPhillips Co.
Highlights:
- Karnes and Dewitt County, Texas
- Royalty: 25%
- Acreage: 26.55 Net Mineral Acres - 53.1 Net Royalty Acres - 265.53 Gross Acres
- Gross Production: 5,571 barrels per day (bbl/d) of oil 20.6 million cubic feet per day of gas
- Royalty Payments: $13,122 per Month
Click here to view the virtual data room.
Producing units include the Fuji Unit, Korth Unit, Muschalek Blair Unit, Vinson Unit, Whitney Unit and Wolf Unit. Recent IP’s from the ConocoPhillips wells are roughly 2,000 bbl/d of oil (30-day average) with EURs exceeding 2 million barrels of oil. Asking price allows purchaser to acquire PDP hydrocarbons for $12.70 per barrel of oil equivalent.
For more information, please contact Eric Thompson at et@landgate.com or 833-782-5837 x 707. Additional listings available at LandGate.com/map.
Recommended Reading
Baker Hughes CEO: Expect ‘Volatility, Noise’ Around Energy Transition
2025-03-12 - Baker Hughes and Linde executives spoke about lower carbon resources such as hydrogen and geothermal, which will be part of the energy mix but unlikely to displace natural gas.
Plug Power CEO Sees Hydrogen as Part of US Energy Dominance
2025-01-29 - Plug Power CEO Andy Marsh says the U.S., with renewable energy resources, should be the world’s leading exporter of hydrogen as it competes globally, including with China.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
DOE Awards Two More Hydrogen Hubs Initial Funding
2025-01-22 - The awards were announced days before President Donald Trump directed federal agencies to pause disbursement of funds appropriated through the Infrastructure Investment and Jobs Act.
PE Firm Hy24 Commits $50MM to StormFisher Hydrogen
2025-02-11 - The funding, made via Hy24’s Clean Hydrogen Infrastructure Fund, will go toward StormFisher Hydrogen’s efforts to produce clean fuel in North America.