Weld County, Colorado · DJ Basin · Royalty interest

NRC royalty lot

49 Well Package (Producing RI, 26.97 NRA) in Sec 4, 5, 8 and 9, T1N R67W and Sec 32, T2N R67W 6 Mo. Av. Cash Flow $876/mo.

Total NMA
24.8131
Net mineral acres, seven tracts: all of Sec 8 (7.9161) and Sec 9 (7.9138), the N2 (2.8864) and S2 (0.9031) of Sec 5, the NW4 (1.0253) and SW4 (0.2498) of Sec 4, and the W2 of Sec 32, T2N (3.9186)
Total NRA
26.9683
Net royalty acres: (royalty ÷ 12.5%) × NMA. Six tracts are one-eighth leases; the Sec 32 tract pays at 19.375%, so its 3.9186 NMA count as 6.0738 NRA
Producing wells
48
ECMC status PR, read Nov 5, 2026: 34 NRC horizontals, 3 Buddy, 6 Troudt 33HZ, Troudt 8, JZM 30N-3HZ, Marrs State 30N-10HZX, Hunziker 28N-4HZ and Underhill 15S-8HZ
Shut in
1
NRC 2N-8HZ, shut in since Mar 2026 (last paid activity month Mar 2026); NRC 28C-8HZ produced 3 days in Jun to Jul 2026
6-mo avg BOE
1.07
Net to the interest, BOE per day (6:1), Mar to Aug 2026; Enverus volumes × each well’s paid decimal to the lot. The seller workbook shows 1.12 on ECMC Jun to Jul 2026 volumes per producing day
6-mo avg revenue
$876
Net to the interest, per month, Feb to Jul 2026 production ($5,258 in total; $10,042 for Aug 2025 to Jul 2026), from operator check detail
Interested in this lot?Submit a bid for the NRC royalty lot. TRP Minerals will respond with a PSA to offers accepted by TRP Minerals.
Bid on property

This lot contains royalty interests (producing minerals, 26.97 NRA) under seven tracts totaling 24.8131 net mineral acres in Sections 4, 5, 8 and 9 of T1N R67W and Section 32 of T2N R67W, Weld County, Colorado, paid on forty-eight (48) producing wells and one (1) shut-in well whose spacing units take in twenty-one sections of the two townships. Forty-eight of the wells are operated by Occidental (Kerr-McGee Oil & Gas Onshore LP) of Houston, Texas; the Troudt 8 is operated by SM Energy Company of Denver, Colorado (from May 2026 activity, first check Jul 22, 2026; Civitas, Bonanza Creek and Extraction before it).

The wells are Niobrara and Codell horizontals (one Sussex) in thirty-six (36) drilling and spacing units read from the ECMC Form 2 unit configurations and the 2016 Kerr-McGee and Extraction division orders: the eleven-well NRC 4HZ pad into Secs 4 and 9, the twelve-well NRC 8HZ pad in Sec 8, the five NRC 5HZ wells in Secs 5 and 8, the seven NRC 32HZ wells from Sec 8 north into Sec 32, the Buddy, Troudt and Hunziker pads, and the JZM, Marrs State and Underhill wells. Combined, the forty-nine wells have produced an average of approximately 260 BOPD and 6,200 MCFPD over the past six (6) month reported period (March to August 2026).

The lot also carries the old vertical interests in Secs 4, 5, 8 and 9 operated by K.P. Kauffman Company, which has not paid since the Apr 20, 2023 check (activity through Dec 2022); they are listed at the end of the Wells section and are not counted in the revenue or production figures.

01 · Location

Location

The seven tracts sit in five highlighted sections: all of Secs 8 and 9, the N2 and S2 of Sec 5 and the NW4 and SW4 of Sec 4 in T1N R67W, and the W2 of Sec 32 in T2N R67W just across the township line. The map shows the twenty-one sections the units take in and every well in them; the tracts share in the following units.

Status
Type

Use + and −, double-click, pinch or ctrl + scroll to zoom; drag to move around. Select a highlighted tract for its legal, acreage and NRI by unit, or a well for its card.

Section with TRP tracts TRP tract acreage (highlighted) Quarter line Township line, T2N / T1N
Producing Drilled, not completed Suspended or temporarily abandoned Inactive, shut in or injection Plugged Cancelled or expired permit Well with a TRP line (heavier line) Directional (dashed) Vertical (dot only)

02 · List of Properties

What this lot offers

The properties in this lot, by drilling and spacing unit. Thirty-six units pay on the seven tracts; most take in more than one tract, so each well’s paid decimal is split between the tracts by their net royalty acres inside the unit.

#UnitState and CountyUnit basisWellsTRP tractsNMA in unitPaid NRI allocated to tract

Units are the drilling and spacing units the operator pays on, read from the ECMC Form 2 unit configuration of each well and the 2016 Kerr-McGee and Extraction division orders; the TRP unit code (CO-xxxx) is the seller’s reference. The paid NRI is the sum of every operator pay line for the well (pay detail, May to Jul 2026; Aug 2025 to Mar 2026 for the shut-in NRC 2N-8HZ). The operator pays each well as one or more division order lines that do not follow TRP’s tract lines; the per-tract paid figures split the well’s total paid decimal across the tracts in proportion to each tract’s net royalty acres in the unit, so only the well total ties to a check stub. NMA in unit is the part of each tract’s NMA that lies inside the unit and does not add across rows. Lot total: 7 tracts, 24.8131 NMA, 26.9683 NRA.

03 · Tracts

Seven tracts in five sections

TractLegalGross acNMARoyaltyNRAShare of lot NRA

All seven tracts are held by production. Six are one-eighth leases (Pan American Petroleum on the Sec 4 NW4 and Sec 5; T. S. Pace on the Sec 4 SW4, Sec 8 and Sec 9); the Sec 32 W2 pays at 19.375% under the leases recorded at Rec. 4005543 and 4005544, confirmed by every operator paying on it (the seven NRC 32HZ wells, Buddy 7-15HZ and 7-16HZ, Troudt 8) to within +0.14% to +0.34%, every well paying slightly above the calculation. NMA per the Cobalt Oil & Gas special warranty deed (effective Feb 1, 2016); every current operator decimal ties to these figures. NRA is (royalty ÷ 12.5%) × NMA. Secs 4 and 5 are government lot sections on the BLM plat (Sec 4 651.62 and Sec 5 650.64 acres, with the north halves as lots of about 80 and 86 acres); nominal 40-acre cells are used, as on the operator Form 2s, which is why the seven Sec 4 NW4 wells pay 3.5% to 6.2% under the nominal calculation (about $4 a year).

04 · Wells by DSU

48 producing wells and 1 shut in across thirty-six units

Select any well to open its card. The thirty-six units hold 49 wellbores with a current TRP line: 48 producing per ECMC and 1 shut in. Each well is grouped under the unit that pays it, with the unit basis and the unit size. Each card shows the well’s total paid division order NRI, that total allocated to each tract by net royalty acres in the unit, and the calculated NRI (tract NMA on the acres in the unit ÷ unit acres × royalty) for each tract. First production is the first month Enverus shows oil or gas; ECMC’s first production date field is earlier for every lot well (NRC 26C-4HZ Mar 2014 against Oct 2014, for example), while the Enverus month sits with the first months of royalty pay, and the seller workbook uses the same Enverus month; volumes are gross 8/8ths, March to August 2026.

NiobraraCodellSussexTarget bench, from the well name (N is Niobrara, C is Codell, S is Sussex) and the Enverus interval. The small code is the Enverus producing interval.

Royalty revenue and production, last six production months

Net to the interest, Feb to Jul 2026 production (revenue) and Mar to Aug 2026 (volumes), all 49 wells with a TRP line

6-month total

Net revenue to the interest, $

Net production to the interest, BOE

Net production to the interest, last six production months

Enverus gross volumes × each well’s paid decimal to the lot, Mar to Aug 2026, all 49 wells with a TRP line

6-month net BOE

Vertical wells with a TRP line that have not paid since 2023

For disclosure; not counted in the lot figures
Why listed
K.P. Kauffman Company and Kauffman Operated Properties last paid TRP on the Apr 20, 2023 check, for activity through Dec 2022, on these vertical wells in Secs 4, 5, 8 and 9 (two not yet located) and on the NRC 9-9-15H horizontal, which carried the full Sec 9 decimal 0.00154618. ECMC suspended Kauffman’s certificates of clearance in Feb 2023 and the dispute continues. On these wells Kauffman’s checks to TRP came to $425 in 2021, $459 in 2022 and $232 in 2023 (checks of Jan 5 and Apr 20, 2023). The amounts below are the net paid on each well on every check from Nov 2016 to Apr 20, 2023, with the name variants on the check stubs combined. The ECMC scout cards read Nov 6, 2026 show the wells kept producing after Kauffman stopped paying: eight are producing now (Carl A Miller B #3, #4, #5, #6, #10, #13 and #14 and the NRC #9-9-15H horizontal), and eighteen were shut in on Jul 1, 2026 (Carl A Miller B #11 on Mar 1, 2026) after producing small volumes through the twelve months to July 2026. Two names on the check stubs do not match an ECMC well.
WellSection and tractLast activity month paidLast checkNet paid, Nov 2016 to Apr 2023ECMC status and 12-month production (Nov 6, 2026)

Kauffman also paid TRP on Rocky Mountain Fuel C #6 (Sec 8, API 05-123-08061, shut in on ECMC since Jul 1, 2026; $12.04) and D #9 ($32.01), last paid Oct 2021; C #1 ($20.31), C #2 ($11.61) and C #7 ($15.79), last check Jul 10, 2017; and Carl A Miller #1 ($1.27), last check Aug 29, 2018. Kauffman wells named Achziger, Alex H Miller, M E Drier and Yoxall Farms are not in this lot. Source: operator check detail, checks Nov 2016 to Apr 20, 2023; sections from TRP’s well records; status, location and Aug 2025 to Jul 2026 gross volumes from the ECMC scout cards, read Nov 6, 2026.

Status codes (ECMC, read Nov 5, 2026): PR producing; SI shut in. NRC 2N-8HZ has been shut in since Mar 2026. Interval is the Enverus producing interval; six-month volumes are Enverus monthly production (Mar to Aug 2026). Paid NRI: operator pay detail, May to Jul 2026 lines, checked against the Jul 27, Aug 9 and Aug 29, 2016 Kerr-McGee division orders and the Nov 2, 2016 Extraction division order; 42 of the 49 wells pay within 1% of the calculated decimal and the other seven are the Sec 4 NW4 wells described under Tracts. Calculated NRI: tract NMA on the acres in the unit ÷ unit acres × royalty, the TRP rule for Colorado. The thirty-seven Kerr-McGee vertical NRC wells in Secs 8 and 9 last paid on the Mar 25, 2021 check, apart from $14.13 Occidental paid on NRC 11-9 (Sep 14 and Dec 28, 2021 checks) and adjustments of a few cents on six others on Dec 25, 2021; they are not listed. No 3D block diagram is shown for these units.

05 · Locations

Tract locations

Each tract placed in its BLM section, with the units it sits in and the well’s paid division order NRI allocated to the tract by net royalty acres in the unit. Select a row to highlight the tract on the map.

TractSTRLegalGross acNMARoyaltyNRAUnitsAllocated paid NRI by unit

Method: each tract legal (Cobalt Oil & Gas special warranty deed, Exhibit A) was drawn as an aliquot part of the BLM CadNSDI section polygon (BLM PLSS). Quarter and quarter-quarter lines are drawn at the midpoints of the BLM section corners, so they are close to, but not the same as, surveyed aliquot lines, and the government lots in the north halves of Secs 4 and 5 are not drawn. Unit lands are from the ECMC Form 2 unit configurations and the division order legal descriptions; a tract is in a unit when its legal overlaps the unit lands.