Producing Permian Basin Property
We are excited to present to you the Davis-Lacy Property, located in Martin County, Texas, within the Midland Sub-Basin, which forms part of the Eastern section of the world-renowned Permian Basin.
Group purchased 13.33 acres. Property is sold on "First Come, First Serve" basis. We don't hold property.
Martin County, Texas is one of the top producing counties in the entire Permian Basin. The wells were drilled and completed by Pioneer which is now part of the ExxonMobil company.
This property is associated with ExxonMobil/Pioneer (NYSE: XOM) and falls within the Davis-Lacy Survey, Abstract A-166, SE/4 Section 31, Block 36 T2N.
The Davis-Lacy Lease covers a total of 947.2 gross acres. With stacked pay, we anticipate this property to produce for many decades. Possibly for over 100 years!
Twelve wells on this property were completed and began producing oil in July 2023.
When buying mineral rights, the focus is on shared risk and shared income, which helps reduce risk while maximizing potential income.
Contact me now to learn how you can benefit from owning income producing mineral properties.
Note: As of September 30, 2025, all the acres have been sold. View my profile to see the other properties we have for sale.
Financials (USD)
Asking Price $45,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Spraberry / Midland Sub-Basin-Permian Basin / plus Wolfcamp & more
Acreage Sold in 1 Acre increments
Interest Type Net Royalty Acre/Mineral Interest (NRA/MI)
Cash Flow ~$1145/Month/Acre
Operator ExxonMobil/Pioneer
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

