Royalty Income on Day One and Paying Monthly
Property, located in Martin County, Texas – the #1 oil-producing county in the Permian Basin
Operator: Pioneer/ExxonMobil
Production: 11 three-mile horizontal wells, completed in June 2024, producing from the Spraberry Formation
Interest Offered: 0.42 Net Royalty Acres – Mineral Interest (NRA-MI)
Price per Net Royalty Acre: $55,750
Current Monthly Income per Acre (July 2025): $1,229.84.
Upside Potential: Multiple undeveloped stacked pay zones provide significant long-term drilling potential
We owned 5.92 Net Royalty Acres – Mineral Interest (NRA-MI) in the Property, located in Martin County, Texas, the #1 oil-producing county in the Permian Basin.
The property is operated by Pioneer/ExxonMobil under the Lease, which covers 864.35 gross acres, with our ownership situated in the Southeast Quarter of Section 39. Through Texas pooling, every mineral owner in the lease receives their fair share of production from all wells currently drilled within the pooled acreage.
The property is currently producing from 11 three-mile horizontal wells completed in June 2024 in the Spraberry Formation, with a production mix of approximately 85% oil and 15% natural gas. Current monthly income for July 2025 averaged $1,229.84 per acre, or $7,280.68 from the original 5.92 acres offered.
Pricing is set at $55,750 per Net Royalty Acre. Closing costs and filing fees are additional if needed.
In addition to strong existing income, the property carries significant upside potential with multiple stacked pay zones yet to be developed by a proven operator in one of the strongest oil basins in the world.
Note: As of October 28, 2025, all acres have been contracted. View my profile to see the other properties we have for sale.
Financials (USD)
Asking Price $23,415
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Spraberry / Midland Sub-Basin-Permian Basin / plus Wolfcamp & more
Acreage 0.42 NRA-MI
Interest Type NRA-MI
Cash Flow $516.49 in July 2025 for 0.42NRA
Operator Pioneer/ExxonMobil
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