Cash Flow Starting Day One

We are excited to present to you the Glaspie-Harvard Property, located in Southern Martin County, Texas, within the Midland Sub-Basin, which forms part of the Eastern section of the world-renowned Permian Basin.

This property is associated with Pioneer/ExxonMobil (NYSE: XOM) and falls within the Section 14, Abstract No. 644, Township-1-South, Block 37, T.&P. R.R. Co. Survey, Martin County, Texas.

MRG is offering this property at $54,000per acre in half (1/2) acre increments with zero acres remaining on Wednesday, September 24 at 5pm CST. Property is sold on a first-come first-serve basis.

The Glaspie-Harvard Lease covers a total of 1072 gross acres.

Eleven (11) three-mile-long wells on this property were completed and began producing oil and natural gas in May 2024 in the Spraberry formation. Estimated 84% Oil, 11% NGLs & 5% Natural Gas.

When buying mineral rights, the focus is on shared risk and shared income, which helps reduce risk while maximizing potential income.

Every acre within this 1072-acre section benefits equally from the oil and gas extracted and sold, meaning that each acre receives payments based on the same production volume.

Note: As of November 17, 2025, all acres have been contracted. View my profile to see the other properties we have for sale.