13.4 NRA Producing Natural Gas Royalty Package in Jefferson County, Ohio
📍 Jefferson County, Ohio
🏔️ Basin: Utica
🏷️ Type: mineral-rights
Asking Price
$122,000
Description
Producing natural gas royalty package in Jefferson County, Ohio (Warren & Wells Townships), a non-operational mineral and royalty interest operated and paid by Gulfport Appalachia, LLC
The interest sits in the Limestone Run North (Kinyo wells) and Limestone Run South (Limestone wells) horizontal Utica / Point Pleasant units, with unit acreage confirmed by ODNR
Producing base-unit net royalty acres (NRA): 13.4212, generating the current Gulfport cash flow.
Royalty checks ranges from $1200 to $3400 per month depending on the season.
Total net mineral acres (NMA): 24.643, of which approximately 21.5 NMA is under current (2017-and-later) leases and all 51 tracts are held in pooled units per the recorder search. The acreage beyond the currently paying wells is leased and held in units, representing potential upside if additional wells are drilled.
The interest sits in the Limestone Run North (Kinyo wells) and Limestone Run South (Limestone wells) horizontal Utica / Point Pleasant units, with unit acreage confirmed by ODNR
Producing base-unit net royalty acres (NRA): 13.4212, generating the current Gulfport cash flow.
Royalty checks ranges from $1200 to $3400 per month depending on the season.
Total net mineral acres (NMA): 24.643, of which approximately 21.5 NMA is under current (2017-and-later) leases and all 51 tracts are held in pooled units per the recorder search. The acreage beyond the currently paying wells is leased and held in units, representing potential upside if additional wells are drilled.
Key Metrics & Technical Specifications
$1,200
Monthly Cash Flow
24.7
Acres
Listing Details
| Asset Class | mineral-rights |
|---|---|
| Development Stage | Producing |
| Listed By | Royalty Ridge |