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
Hot Permian Pie: Birch’s Scorching New Dean Wells in Dawson County
2024-10-15 - Birch Resources is continuing its big-oil-well streak in the Dean formation in southern Dawson County with two new wells IP’ing up to 2,768 bbl/d.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Aris Water Solutions’ Answers to Permian’s Produced Water Problem
2024-12-04 - Aris Water Solutions has some answers to one of the Permian’s biggest headwinds—produced water management—but there’s still a ways to go, said CEO Amanda Brock at the DUG Executive Oil Conference & Expo.
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Wildcatting is Back: The New Lower 48 Oil Plays
2024-12-15 - Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.