Oil Proven Reserves with Land For Sale in San Miguel, Texas
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Financial Details
- Asking Price:
- $28,500,000
- Location:
- San Miguel, TX, US
- Source:
- Date:
- July 25, 2025
Key Highlights
- Proven heavy oil reserves in San Miguel, Texas.
- 4,926.5 acres with mineral rights; 1,713.5 acres of land available.
- Estimated 98.6 million barrels of recoverable oil at 30% recovery.
Description
Opportunity to acquire proven heavy oil reserves (mineral rights) with land in San Miguel, Texas. The property consists of 4,926.5 acres with mineral rights and 1,713.5 acres of land available for purchase. Geological reports and well logs indicate the presence of significant heavy oil reserves. Calculated recoverable reserves are 98,600,000 Bbls of oil at 30% recovery.
Industry Information
- Industry Description:
- Real Estate Development Opportunities
- Classification:
- Manufacturing
Listing Details
- Listing ID:
- ab00ff84-e1e0-4bb1-9e99-4f7830c13a76
- Deal Status:
- For Sale
- Date Posted:
- July 24, 2025
- Last Updated:
- July 25, 2025
- Currency:
- USD
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