|
Producing Oil Well Land with Mineral Interests Included! Rare opportunity to own a 2.719-acre producing oil well property in East Texas. This tract consists of a maintained all-gravel oil pad that has a leased producing pump jack, storage tanks, and a locked gated entrance. The well was drilled in 2014 and is currently owned, operated and maintained by Beaver Oil Company. The sale includes all mineral interests and oil royalties owned by the seller, offering the potential for ongoing income. An established access easement runs along the south property line, providing access to adjoining landowners. This is a unique investment opportunity for buyers looking to add producing mineral assets to their portfolio or for anyone who’s ever wanted the distinction of owning a Texas oil well. Whether you’re an investor, landowner, or Texas enthusiast, properties like this seldom come to market. Property Highlights: 2.719 acres (buyer to verify with new survey) Producing oil well Working pump jack Storage tanks Locked gated entrance Professionally owned, operated and maintained by Beaver Oil Company Well drilled in 2014 Seller’s owned mineral interests and oil royalties convey Existing recorded plat available Access easement along south boundary Buyer should independently verify acreage, mineral interests, royalty ownership, easements, and all other information deemed important. Seller owns a small fraction of the royalties averaging around $30 month. Cannot be used for anything than what is being used for now. Buyer to buy survey if needed. |