“Wright Ranch Mineral Interest”
Howard County, Texas

  • Asking Price: $8,300,000

  • 4,143.47 Gross Acres

  • 2.3750% Mineral Interest

  • 98.4074 Net Mineral Acres

  • 196.8148 Net Royalty Acres

  • Operated by Callon Petroleum, Surge Operating, Grenadier Energy & Trilogy Operating

  • Potential Horizontal Objectives:

    Middle & Lower Spraberry, Wolfcamp A & Wolfcamp B

  • 34 Producing Horizontal Wells (Spraberry & Wolfcamp)

  • 7 Producing Vertical Wells

  • 1 Shut-In Horizontal Wolfcamp Well (Pending Rework)

  • 19 Permitted Horizontal Wells (Spraberry & Wolfcamp)

    11 DUCs & 1 Drilling

    7 Permitted Horizontal Wells (Approved Since 03/22/19)

  • Average Daily Production:

    5,699 BOPD & 8,799 MCFGPD (Gross)

    31 BOPD & 46 MCFGPD (Net)

  • Average Net Income:

    $45,572 / Month