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*SOLD*
There has been a steady and consistent decline curve from Jan 1993 to Current. It seems to be, that there has not been any work done on this Well between these listed dates, because we do not see a sharp increase in production at any point. We would think with a Work Over this Well would increase it’s current production numbers of 6-8 bbl’s of oil per day.
We think with a small fracworkover, and/or acid job, past production numbers could quite possibly be achieved.
Currently without the workover, Oil is being produced at a rate of about -6 bbl’sper day
Well # 3 has recently only been pumped 1 day a week, and if pumped more frequently, production rates would likely increase.
• 80% NRI
• 100% WI
This property is a Steal! priced for Very Quick Sale ! Too far away from our area of concentration.. NO BROKERS, PRINCIPALS ONLY