Pre-Bidding Ends at Noon TODAY!
Winning bidder has the option on the next lot. This lot has been split in two lots. The Mineral and Royalty Deed in the data package is for each lot. The revenue spreadsheet in the data package reflects the whole - the average income for both lots is $424.94 per month – this is split into 50% which each lot will produce $212.47 per month each.
This lot contains a 0.0000263% royalty interest in the wellbores of four (4) horizontal wells and a 0.00001342% royalty interest in the wellbore of the Maurer-Swize McFarland SA 1H horizontal well, all located in the D. E. Seguin Survey, A-10, Karnes County, Texas. Operated by Marathon Oil EF, LLC of Houston, Texas. Combined, these wells are currently producing an average of approximately 1,900 BOPD and 1,624 MCFPD.
515 S. Wichita St