Sale Name: BidEX Online Auctions 2025
LOT 6410.2 - Abu Garcia 28-16
Operator   Diamondback E&P LLC
County   Martin
State   TX
Legal Description   SW/4 Sec 21, Blk 36, T-1-N, A-137, G&P Railway Co Survey
Monthly Net Income   $186.96
Description

NO RESERVE!

This lot contains various non-participating royalty interests in 12 wells and a royalty interest producing minerals in 2 wells all in Martin County, Texas. 

These wells are operated by Diamondback E&P LLC of Midland, Texas.

Income represents 1/20th of seller's total interest. The monthly net revenue conveyed is $186.96 based on 3 months of revenue. 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.

Additional lots are available at the winning bid price. If interested, contact info@mceeauction.com directly after the auction.

Effective Date: November 1, 2025

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 table above for conveyed interest.

MCEE Land will record the conveyance for the winning bidder. The operator will be notified of the new ownership and the recorded instrument will be mailed to the buyer with operator contact info included.  The recording service fee is $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