South Texas Oil Production$ Protected
I am currently selling all of the production from 50 producing wells. This includes all working interest and overrides for the producing wells. If you are interested in only a couple of wells, please let me know. We encourage you to hire a reservoir engineer to assess the past and future production of these wells. These wells are mostly Frio and Vicksburg sandstone wells which can last up to 30 years and have a steady rate of production compared to shale oil wells. The wells currently make about $86,370 per month after Lease Operating Expenses at today’s oil price of $54 and gas price of $3.77.
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