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Royalty interest in PDP (proven developed producing) wells
$50,000 minimum
Located in Upton County, Texas - the 8th most productive county in the nation (by BOE)
481 acres
16 producing wells
Operated by Pioneer Natural Resources USA, Inc. (NYSE: PXD)
22.8% average last-5-month annualized yield
Upside and yield growth potential with access to behind-pipe reserves and additional wells (at no expense to royalty interests).
Yield is subject to production and commodity price variability
15% tax-free revenue stream (federal depletion allowance), IRC-1031 exchange compatible (like-kind real estate tax deferral). Suitable for self-directed IRA, family trusts, and direct purchase
Kendall Royalty Interest
$50,000.00Price


