Summary: A client of mine is wanting to divest his minerals in Jim Wells & Duval Counties, Texas. This mineral position would be ideal a long-term investment and for someone who could do their own title work. This area has conventional gas production and has several other interesting mineral possibilities such as geothermal and uranium in the area. There are also some trials of EOR on the existing fields which could eventually turn into something if commodity prices are favorable.
Is there current monthly revenue?, If so, how much? No current production or leases.
Is there current production? Who is the Operator? No current production or leases.
Number of net mineral acres: 79 NMA
Location - County and State: Jim Wells & Duval Counties, Texas
Legal description of the property: 1/6th interest in a ~100 five-acre lots. Not gonna lie, title is rough on this one (and reflected in the price).
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Jim Wells Acreage_Final_.xlsx (24.3 KB)
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Map of tracts.pdf (789.9 KB)
Additional Details:
There is no current production or leases in this mineral package (producing interest was sold within the adjacent fields back in the 80’s) however there is some active drilling and enhanced recovery in the 21-B trend nearby. Additional mineral opportunity in the geothermal and uranium resources surrounding the properties.
Please email me for a link to the full data package.
Asking: $15,800 ($200/NMA), OBO
Contact Info:
- Tracy Lenz, P.E., C.M.A.
- Owner & Engineer, Pecan Tree Oil & Gas
- tracy@pecantreeog.com