Passive Royalty Income Producing Mineral Property
Passive - Royalty Income Producing Mineral Property
Our company, the owner of the property, is offering an exceptional opportunity in the Watson North Federal Property, located in the heart of Oklahoma’s prolific STACK play in the Anadarko Basin. This property encompasses 1,920 gross mineral acres (3 square miles) in Blaine County, renowned as a balanced productive natural gas zones in the area. Mineral Royalties Group was able to secure 40 Net Royalty Acres of ORRI, which are sold in 1-acre increments with a 2-acre minimum, in this highly sought-after property, offering a rare chance to own a premium asset.
Key Highlights:
• Established Income: Steady royalties from two producing wells, generating income since October 2021
• Prime Location: Positioned in 05-14N-13W, a premier area within the play known for high natural gas production (approximately 95% natural gas).
Financials (USD)
Asking Price $160,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Stack Play / Anadarko Basin
Acreage 40
Production Yes
Interest Type O.R.R.I
Cash Flow $1,950 / month
Operator Continental Resources
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