Sale Name: BidEX Online Auctions 2025
LOT 3116.3A - Butcher, Frank, Tank MI/RI
County   Duchesne
State   UT
Operator   SM Energy Company
Acres   294 MOL
Legal Description   Sec 28-2S-1W
Monthly Net Income   $145.39
Additional Information   This lot has a reserve.
Description

This lot contains various royalty interests (producing minerals) in 14 wells PLUS 3 DUCs and 2 Permitted wells in Duchesne County, UT. Operated by SM Energy Company in Denver, Colorado.

Producing Formation: Uinta Basin

Effective Date: November 1, 2025

Legal Description:  
TOWNSHIP 2 SOUTH, RANGE 1 WEST, U.S.M. 
SECTION 33: E/2 of the NW/4, NW/4 of the NW/4, NE/4 of the SE/4, W/2 of the SE/4, Also beginning at the SE corner of the SW/4 of said Section 33, thence north 160 rods, thence west 35 rods, thence south 160 rods, thence east 35 rods to the point of beginning. Also, a tract of land beginning at the NE corner of the SE/4 of the SE/4 of Section 33, thence south 13 ½ rods, thence southwesterly along the county road to a point 17 ½ rods north of the SW corner of the SE/4 of the SE/4, thence north 62 ½ rods, thence east 80 rods to the point of beginning. Containing 294.00 acres more or less. 

The monthly net revenue conveyed averages $145.39 per lot based on three (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. 

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 decimal interest amounts listed in this lot description.

The conveyance will be recorded 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 service fee is $150.00 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: 2