Business for Sale Overview:
North Texas Oil / Farm Ranch 550,000 +/- Acres
$625,000,000 USD.
One of Largest ranch in U.S. under one fence
• Largest Ranch in Texas “Under One Fence” 80 Sq Miles
• Second Largest Shallow Oil Field in Texas (at one time the largest)
• 350,000 + Acres of Undeveloped Oil Property with known oil reserves
• Has had over 10,000 wells drilled of which may be placed back into production
• Most Have Multiple Pay Zones
• Majority of Wells Less Than 2,500 ft Deep
• All Wells Less Than 5,000 ft Deep
• Over 160,000 Acres of Proven Producing Oil Property
• Ranch Has Produced Over 200 Million Barrels of Oil
• Has current oil reserves estimated In the Billions of Dollars
• Has Over 26,000 Acres of Row Crop Farmland
• 2 large lakes 25,000, 10,000 acres each
• Ranch has 170 full time employees
• 16,000 + Head of Cattle
• 400 Horses
• 58 farm houses
• 1 southern mansion and 2 large ranch homes
• Work over rigs
• 668 pieces of farm equipment (John Deere tractors, combines, plows, etc)
• Bell ranger helicopter
• *Over 160,000 acres of mineral rights from NM ranch included
• Currently For Sale at around $1,200 Per Acre
*The family estate owned a 160,000 +/- acre ranch in New Mexico, which has been sold. However, they retained a majority of the oil and gas rights and they are included with the sell of the Texas ranch.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.