Sale Name: BidEX Online Auctions 2025
LOT 6158 - Eagleford Shale MI/RI
County   La Salle
State   TX
Operator   EOG Resources, Inc.
Acres   552.42
Legal Description   Designation of Offield-Martindale Horizontal Unit dated effective August 3, 2011
Monthly Net Income   $600.17
Additional Information   This lot has a reserve.
Description

5 Well Package (Producing MI/RI) – Eagleford Production La Salle County, Texas

Eagle Ford Shale - Eagleville Field

This lot contains various royalty interests (producing minerals) in five (5) horizontal wells located in La Salle County, Texas. Operated by EOG Resources, Inc. of Houston, Texas.

Combined, these wells are currently producing an average of approximately 2,109 BOPD and 1,686 MCFPD. 

Income represents 1/5th of seller's total interest.  The monthly net revenue conveyed averages $600.17 based on the first two months of production. It should be expected that when new wells are first completed and put online, there is an initial increase in oil production rate observed that will subsequently decline. The listed income is a historical monthly average from operator statements and is not a future prediction. In making a bid or offer, Buyer has or will rely solely on Buyer’s independent examination of the properties offered for sale, taking into consideration variables such as the type and age of wells, their location, their future decline, etc.  MCEE does not predict or warrant future income to be derived from the properties offered for sale.

Note:  The Revenue Statement included in the data package is for information purposes and is not representative of the interest owned by the seller or what is being conveyed in this lot.  See chart above for the conveyed decimal interest.  

Effective July 1, 2025

MCEE Land will record the conveyance for the winning bidder.  Once received the operator will be notified of the new ownership and provided a copy of the recorded conveyance.  The original recorded instrument will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $135.00 and will be added to the invoice.

Click on the Documents tab for the Data Package which includes a draft of the conveyance that will be recorded.  When the auction is complete, please provide title information to info@mceeauction.com within 24 hours to start the filing process.

Quantity: 1