Brown Dolomite Producing Royalties
Lot Number:1279
Start Time:5/16/2023 1:00:00 PM
End Time:5/23/2023 7:18:47 PM
Bid Count:29
High Bidder:5****3
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$7,500.00
Bidding complete

4 producing vertical wells in Gray County, TX.  Formation: Brown Dolomite.  Operator: BCE-Mach III.

Fowler 1 Lease #4214104334, API 42-179-31272
Fowler 2 Lease #4214166105, API 42-179-32287
Fowler 3 Lease #4214195156, API 42-179-32436
Fowler 4 Lease #4214201467, API 42-179-32474

Production Breakdown:
Oil - 5.01%
Gas - 49.15%
NGL - 45.84%

Cash flow represents 100% of check statements.  

Click on the Documents tab for additional information.  When the auction is complete, please provide title information to within 24 hours to start the filing process.


Legal Description:E/2 & SW /4 Sec 50, Blk E, D&P RR Co Survey, A-1226 & A-851 and Sec 49, A-531, D&P RR Co Survey, Blk E
Decimal Interest:0.02343615
Monthly Net Income:$171.49
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