|
Joined: Nov 2009
Posts: 15,886 Likes: 1
Campfire Ranger
|
Campfire Ranger
Joined: Nov 2009
Posts: 15,886 Likes: 1 |
42% x 675,000 (barrels per year) = 283,500 x $75 (dollars per barrel) = $21,262,500 (per year in oil revenue) $725,000,000 / $21,262,500 = 34.09Heck the oil alone will pay for the place in 35 years, and just think of all the other advantages. Always have a new place to hunt... every day for the rest of your life!
Old Turd- Deplorable- Unrepentant Murderer- Domestic Violent Extremist
Just "Campfire Riffraff and Trash"
This will be my last post! Flave 1/3/21
|
|
|
|
Joined: Jan 2008
Posts: 1,456
Campfire Regular
|
Campfire Regular
Joined: Jan 2008
Posts: 1,456 |
This sale has been brewing for a LONG time. At one time the two families had offices in the same building. They refused to talk to each other and would only communicate via FedEx envelopes sent from one end of the building to the other. They deserve whatever hell they end up in for potentially destroying such a piece of property. Ego is a destroyer of worlds.
The King Ranch family has kept it together by having hired professional management run the operating company and everyone gets disbursments. At least as I understand it, business/money decisions get made rationally and family issues stay in the background as stock holders in the operating company.
|
|
|
|
Joined: Dec 2009
Posts: 665
Campfire Regular
|
Campfire Regular
Joined: Dec 2009
Posts: 665 |
I drive through the Waggoner going to Seymour, where my parents were raised. The only reason that land is worth that much per acre is the oil. It is rough, hard scrabble country. Lots of game out there though, deer, hogs, javalinas. Red dirt, mesas, and lots of juniper. Beautiful, but rough. There is a reason they used helicopters for round up.
Really a shame they can't come together and keep the family legacy going there. That is the way a lot of those deals go after several generations though.
|
|
|
|
Joined: Jun 2005
Posts: 8,899
Campfire Outfitter
|
Campfire Outfitter
Joined: Jun 2005
Posts: 8,899 |
One man with courage makes a majority....
~Molɔ̀ːn Labé Skýla~
|
|
|
|
Joined: Jun 2005
Posts: 8,899
Campfire Outfitter
|
Campfire Outfitter
Joined: Jun 2005
Posts: 8,899 |
I have been in and around it too. A rough piece of turf. One hell of a horse program.
One man with courage makes a majority....
~Molɔ̀ːn Labé Skýla~
|
|
|
|
Joined: Dec 2002
Posts: 22,274
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2002
Posts: 22,274 |
How big is the 6666 ranch? I know driving past it on Hwy 114 it seems like you see their fences for a half hour, or longer.
"...the designer of the .270 Ingwe cartridge!..."
|
|
|
|
Joined: Apr 2006
Posts: 4,402 Likes: 2
Campfire Tracker
|
Campfire Tracker
Joined: Apr 2006
Posts: 4,402 Likes: 2 |
if i put 20% down, whats my payment on a 3.5% 30 year fixed? and will the seller pay the points?
and does anyone know where i can get 350000000 NO Trespassing signs? Since you asked - $2,604,459.19/mo (plus taxes and insurance)
|
|
|
|
Joined: Oct 2011
Posts: 885
Campfire Regular
|
Campfire Regular
Joined: Oct 2011
Posts: 885 |
How big is the 6666 ranch? I know driving past it on Hwy 114 it seems like you see their fences for a half hour, or longer. It's 275,000 acres. The Dime Box ranch out there on 114 has gotta be huge too. If I remember right I reset my trip odometer when I hit the headquarters sign headed west to Lubbock and passed the other end of it 26 miles later ?
Your mind is your primary weapon. Never let it get rusty.
Endowment Member NRA
|
|
|
|
Joined: Apr 2014
Posts: 1,374
Campfire Regular
|
Campfire Regular
Joined: Apr 2014
Posts: 1,374 |
I'm waitin' for either Mustang Ranch or Bunny Range to hit the market. I've always wanted to raise me a stable of fillies.
�If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.� ***US President James Madison***
|
|
|
|
Joined: Oct 2008
Posts: 1,508
Campfire Regular
|
Campfire Regular
Joined: Oct 2008
Posts: 1,508 |
How big is the 6666 ranch? I know driving past it on Hwy 114 it seems like you see their fences for a half hour, or longer. It's 275,000 acres. The Dime Box ranch out there on 114 has gotta be huge too. If I remember right I reset my trip odometer when I hit the headquarters sign headed west to Lubbock and passed the other end of it 26 miles later ? Theres some big chunks of land around this state. The Rocker B north of Big Lake is 28x18 miles. All land and minerals donated to Scottish Rite Hospital. Ive been out there working and all the well names are the "SRH ####"
|
|
|
|
Joined: Dec 2002
Posts: 22,274
Campfire Ranger
|
Campfire Ranger
Joined: Dec 2002
Posts: 22,274 |
I remember Texas Tech has a Ranching Heritage Museum, that I visited as a boy. In the museum was a pretty nice windmill (possibly from the Four 6's). The guides told us the ranch donated it to the museum, because one of the grand old ladies of the ranch insisted on climbing the windmill every day to oil the gears, and her family was afraid she'd fall off it someday IIRC the Four 6's got its name, because it was won in a card game? All of that Texas ranching country was settled by some optimistic, hardworking people. Most of the land really isn't easy to work or ranch. They left interesting stories behind them. The ones that were lucky & hardworking enough to hold land long enough for the oil booms to hit then acquired a lot of money, and eventually influence.
"...the designer of the .270 Ingwe cartridge!..."
|
|
|
|
Joined: Jan 2006
Posts: 19,820 Likes: 1
Campfire Ranger
|
Campfire Ranger
Joined: Jan 2006
Posts: 19,820 Likes: 1 |
Not to mention it was Comanche country.
"Be sure you're right. Then go ahead." Fess Parker as Davy Crockett
|
|
|
|
Joined: Aug 2004
Posts: 69,710 Likes: 28
Campfire Kahuna
|
Campfire Kahuna
Joined: Aug 2004
Posts: 69,710 Likes: 28 |
The YO Ranch used to be as big as the Waggoner place. The Legend
Land leaves its imprints upon the people who care for it, manage it, live on it and love it, just as surely as these people leave their mark on the land. Nowhere can this be seen more clearly than deep in the tree-studded, canyon-broken heart of the Texas Hill Country where the Y.O. Ranch has permanently branded six generations of the Schreiner family and those same hard-working folks have left their indelible prints on the Y.O.
This legendary ranch sprang from a young man�s dream and his single-minded determination. In 1852, at the age of 14, Charles A. Schreiner became the man of the family. At 18, he staked his first claim in the rugged country that had claimed his heart. In the Civil War�s aftermath, Captain Schreiner, using rangy Texas Longhorns as a foundation, began amassing an empire that included banks, retail stores and 566,000 acres of ranchland. In 1914, he chose to divide his holdings among his eight children.
In the division, his youngest son, Walter received 69,000 acres located 40 miles west of Kerrville. The Y.O. had been owned by the Schreiner family since 1880 when Captain Schreiner purchased the land, the cattle and the Y.O. brand they wore on their ribs. With the ranch came the responsibility of the Schreiner legacy.
Walter embraced his heritage, capably managing the ranch through the tumult of World War I, the Roaring 20s, and the onset of the Great Depression. Upon his death in 1933, his wife Myrtle, with her young son, Charlie III, by her side took up the Schreiner mantle of stewardship. She learned the ranching business quickly,
earning a reputation as a savvy businesswoman. In fact, she was the first Texas rancher to lease land for hunting, a practice that diversified the income of ranches across the state. Diversification helped the traditional ranch survive the drought that ravaged Texas for seven years in the 1950s.
When Charlie III took the reins in the early 1950s, he reached back into history to further diversify the ranch by establishing a registry for Texas Longhorns and bringing the legendary breed back from the brink of extinction. He also introduced exotic wildlife to the Y.O., proving that the animals could thrive outside their native homelands and creating another lucrative enterprise for Texas� landowners.
Louie Schreiner assumed the helm of the Y.O. in the late 1980s, earning it the reputation, world-wide, as �America�s Original Game Ranch.��
Today, the visionary, entrepreneurial spirit that shaped this land is still evident. The current generation � all *19 family members led by Managing Partner Charlie IV � is setting new standards in recreation, outdoor adventure and hospitality. The Y.O. Ranch is their home and they proudly share their legacy with the world.
*Charles Schreiner IV and his wife Mary Helen, their daughters Tiffany Schreiner, her daughter Harper Schreiner, Tessa and Tyndal; Walter Schreiner and his wife Teri, their daughters Catherine, Aimee and son Tres; Gus Schreiner and his wife Lori, their daughters Audrey and Gazelle; Chrisie Schreiner and her sons Griffin, Bobby and Luke.
Sadly, now the remaining remnants of the ranch are for sale as well. 29,000 acres is all there is left of it. $85 million. http://www.mysanantonio.com/news/lo...lion-Storied-exotic-YO-Ranch-4753396.php
Molɔ̀ːn Labé Skýla!
|
|
|
|
Joined: Jan 2002
Posts: 1,706 Likes: 1
Campfire Regular
|
Campfire Regular
Joined: Jan 2002
Posts: 1,706 Likes: 1 |
To put it in perspective,725,000,000 in 100 dollar bills would make a stack over 800 yards tall!
|
|
|
|
Joined: Mar 2012
Posts: 6,519
Campfire Tracker
|
Campfire Tracker
Joined: Mar 2012
Posts: 6,519 |
Q Creek Ranch in Wyoming is 540,000 contiguous acres...
"And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor."
|
|
|
|
Joined: Jan 2005
Posts: 22,884
Campfire Ranger
|
Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
I'd love to get in on owning that. Life would be fun, at least.
|
|
|
|
Joined: Dec 2008
Posts: 78,306 Likes: 2
Campfire Oracle
|
Campfire Oracle
Joined: Dec 2008
Posts: 78,306 Likes: 2 |
"...the left considers you vermin, and they'll kill you given the chance..." Bristoe
|
|
|
|
Joined: Aug 2006
Posts: 22,948 Likes: 20
Campfire Ranger
|
Campfire Ranger
Joined: Aug 2006
Posts: 22,948 Likes: 20 |
Q Creek Ranch in Wyoming is 540,000 contiguous acres... When I worked on the Bolton, it was the biggest contiguous in WYO.
|
|
|
|
Joined: Mar 2012
Posts: 6,519
Campfire Tracker
|
Campfire Tracker
Joined: Mar 2012
Posts: 6,519 |
Did you see they are building a massive wind farm out on the Bolton?
"And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor."
|
|
|
|
Joined: Aug 2006
Posts: 22,948 Likes: 20
Campfire Ranger
|
Campfire Ranger
Joined: Aug 2006
Posts: 22,948 Likes: 20 |
haven't been back since the 80's.....
|
|
|
|
134 members (300_savage, 2500HD, 24HourCampFireGuy50, 673, 338reddog, 204guy, 17 invisible),
1,673
guests, and
880
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,193,449
Posts18,507,912
Members74,002
|
Most Online11,491 Jul 7th, 2023
|
|
|
|