Producing Oil and Gas Leases for Sale in Jones County, Texas

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Financial Details

Profit Metric:
Production Status
Location:
TX, US
Source:
Date:
November 05, 2025

Key Highlights

Producing well on HBP lease with low operating expenses and minimal water production.
Significant upside potential due to proximity to Petro Hunt's horizontal Strawn sand test well.
Flexible sale structure allowing for packaging or separate sale of producing and non-producing acreage.

Description

This listing offers an excellent opportunity to acquire producing oil and gas leases in Jones County, Texas. The package includes a producing, Held By Production (HBP) lease covering 255 +/- acres with 78% Net Revenue Interest (NRI), featuring a low-maintenance well producing from the Canyon sand with minimal water output. Additionally, the seller holds a 99% leasehold interest in an adjacent 240-acre tract with 80% NRI, currently in its primary term with extension options. The location is strategic, bordering Petro Hunt acreage and near their horizontal Strawn sand test well, suggesting significant upside potential. The assets can be sold together or separately.

Industry Information

Industry Description:
Oil & Gas Property
Classification:
Agriculture

Real Estate & Lease

Status:
Leasehold Interest

Assets & Inventory

Includes FF&E:
No
Includes Inventory:
No

Listing Details

Listing ID:
7e227758-7511-4a64-a021-c3570c5f0468
Deal Status:
For Sale
Date Posted:
August 30, 2024
Last Updated:
November 05, 2025
Currency:
USD