Wrage ORRI
Lot Number:1150
Start Time:9/27/2022 1:00:00 PM
End Time:10/4/2022 7:00:00 PM
Bid Count:38
High Bidder:2****4
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$5,250.00
Bidding complete

10-Well Overriding Royalty Interest in Glasscock, TX with a 2-month net income average of $297.18.

Remington #2JM - API:  42-173-38448
Remington #3HA - API:  42-173-38449
Remington #4LM - API:  42-173-38450
Remington E #6HA - API:  42-173-38453
Remington E #8LM - API:  42-173-38455
Henry #1HA - API:  42-173-38445
Henry #3LM - API:  42-173-38425
Henry #4HA - API:  42-173-38426
Henry #7JM - API:  42-173-38536
Wrage 1 - API:  42-173-31877

Note:  Pioneer Natural Resources USA, Inc is the Operator of the Wrage 1 well.

Please note there is a depth restriction on the ORRI from surface down to, but not below, 8,509 feet beneath the surface.

Please Note: The MCEE Land department will record the conveyance for the winning bidder.  They will then notify the operators of the new ownership by sending a copy of the recorded assignment requesting the interest be put into suspense and division orders sent out.  The recorded instrument will be mailed to the buyer with operator contact info included.  The recording, notifying and document fees are $77.00 and will be added to the invoice.

Click on the Documents tab for the Data Packages which includes a draft of the deeds 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.

Operator:Crownquest Operating, LLC
Legal Description:S/2 NW Sec 45, Blk 36, T-3-S, T&P Ry Co. Survey
Monthly Net Income:$297.18
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