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320 Acres with Oil Production in Gove County, KS

SOLD
Utica, Kansas
Posted 5 years, 9 months ago
Expires in 0 minutes
4,446 Clicks

Description

Property Details

  • This picturesque farm, hunting, and investment property is located 4 miles North of Utica, KS along Gove 80 Rd in Gove County, KS
  • Big Windy Creek runs through the Eastern half of the property creating excellent bottomland for holding whitetail deer and turkeys. Many large mature cottonwoods, elms, and cedar trees along the creek bottom create excellent habitat and provide many excellent hunting setups.
  • Spring fed pond along the driveway to the farmstead provides an excellent water source for wildlife and could be a nice fishing pond.
  • Farmstead at the end of the drive consists of outbuildings, corrals, detached garage, and an old farmhouse. Water and electricity available at the farmstead.
  • Very rolling terrain across the pastureland and multiple pond dams.
  • 77.70 acres of land on the far West end of the property is currently in the CRP program. The CRP pays at a rate of $45.29/acre, or $3,519 annually to the landowner. These acres are terraced and consist completely of Harney and Penden silt loam soils that can be very productive for raising crops if one chose to in the future.
  • CRP acres have excellent grass for holding deer and upland birds.
  • This area holds an excellent mix of mule deer and whitetails.
  • Over 200 acres of pasture is currently leased for grazing providing another great income source for the owner. Lease expires on March 1, 2018.
  • There are 2 producing oil wells on the property and all of the Sellers mineral rights will pass to the Buyer at date of closing making this an excellent investment opportunity.
  • Chapman ‘D’ 1 oil lease was drilled in 2013.

          5-year oil production history is as follows (bbls):

          2013 4,218

          2014 2,948

          2015 2,654

          2016 2,469

          2017 1,138 (thru 6-2017)

  • Chapman ‘A’ 1 oil lease was drilled in 1970.

          The last 5 years of oil production history is as follows (bbls):

          2013 790

          2014 469

          2015 446

          2016 682

          2017 314 (thru 4-2017)

  • Contact the listing agent for more details regarding the oil production
  • Salt Water Disposal well on the property pays $250 per year in lease money
  • Legal Description: N/2 of Section 35, Township 15 South, Range 26 West in Gove County, KS

For more pictures and details visit www.WhitetailProperties.com. Contact local Whitetail Properties land specialist, Adam Hann, at 785-259-2469 or adam.hann@whitetailproperties.com today to schedule a viewing. 

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