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UPDATE (June 22, 2022): Per one of these owners, who farms the land where these minerals are located: “Workover rigs are ‘everywhere’ on the lands, going through all the wells right now” (he believes it’s to increase production on current wells).
These minerals were part of a family ranch. Per owner there are a total of 17,681.64 net acres of mineral rights for sale, a majority of which are held by production by approximately 20 wells and nine operators. Monthly income is estimated at just over $13,000 currently.
We have five months of 2022 check stubs from one representative family member and used those to estimate the above income. Well names, income info and S-T-R (legal description) for the wells can be viewed in below link:
Most of the leases are probably 1/8 royalty though some newer ones may be 3/16. We have copies of many of these leases, as well as copies of index pages from Meade and Clark counties referencing ownership.
The mineral rights are all contiguous so there is the possibility of future wells being drilled in this already productive area. The legal descriptions and map for all the mineral rights provided by the owners can be viewed below:
Clark and Meade County, KS
See listing (various legal descriptions)
Clark and Meade
17,000+ (mostly HBP)