Tract Valuation

Estimate mineral and royalty values

Location

Ownership

Assumptions

Valuation Summary

Estimated Value (PV10)

$2.45M

Value per NMA

$61,250

PDP Value

$1.20M

PUD Value

$0.85M

Probable

$0.40M

Net Production

45.2 BOE/d

Reserve Category Breakdown

PDP (Proved Developed)$1.20M (49%)
PUD (Proved Undeveloped)$0.85M (35%)
Probable$0.40M (16%)

Comparable Sales

Last 6 months
DateCountyFormationNMA$/NMA
Dec 2024MartinWolfcamp A35$58,000
Nov 2024MartinWolfcamp A52$62,500
Oct 2024MidlandWolfcamp A28$55,000
Sep 2024HowardSpraberry45$48,000