Royalty Interest in Karnes, TX. This lot was originally split in two lots of which one has been sold. The Mineral and Royalty Deed in the data package (Documents tab) is for this lot. The revenue spreadsheet in the data package reflects the whole (the original 2 lots) - the average income for both lots is $424.94 per month – this is split into 50% which this lot will produce $212.47 per month.
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, the wells are currently producing an average of approximately 1,900 BOPD and 1,624 MCFPD.