250 County Road 296 & 120 FCR 298
Oakwood, TX 75855
Butler Salt Dome Portfolio · Land For Sale · 157.00 AC

Strategic Location -Just off State Route 84 in Freestone County, with an Oakwood address. Direct access via FCR 290 & FCR 296. Butler Salt Dome Formation -Geological symmetry allows for easy access to salt deposits with minimal drilling. Surface & Subsurface Rights -157 surface acres included, with an additional 177 subsurface acres of salt rights available for purchase or lease. Existing Caverns: -Cavern #2 & Cavern #3: Contain undetermined barrels of saturated brine, ready for utilization. -Cavern #1: Permanently plugged, encapsulating Non-Hazardous Oilfield Waste (NOW). Industrial Infrastructure: -40’x60’ Commercial Metal Building with office space, HVAC system, and two maintenance bays. -Hard-packed laydown yard and multiple major electrical setups. -Secure chain-link fencing around the commercial area. Water Resources & Permit: -Two reservoirs with 55+ acre-feet of water, historically used for solution mining. -TCEQ Water Permit No. 5064 allows annual diversion of 31 acre-feet (10.1 million gallons). Forestry & Conservation: Two pine plantations and native hardwoods managed under a Texas A&M Forest Service forestry program. -No restrictions on timber harvesting. Pipeline & Disposal Well: -FUSI-owned pipeline connecting the site to the FUSI 1-D Disposal Well at 120 FCR 298. -FUSI 1-D Well: -Permitted for commercial brine disposal into the Woodbine Formation at 6,370 feet. -Capacity: 15,000 barrels per day. -Registered Well No. 1-D [079043], Freestone County, RRC District 5, API #4216130010. -Easements for rights-of-way recorded in the Special Warranty Deed.