Being offering is a 19-well operated oil and gas package consisting of producing wells, shut-in redevelopment/recompletion candidates, and two associated saltwater disposal wells.
The package includes three currently flowing gas wells with approximately 15 MCFD combined production, along with multiple shut-in wells with historical production and identified behind-pipe or recompletion opportunities.
Available technical information includes wellbore schematics, electric/wireline logs, mud logs where available, completion and perforation information, API data, lease and NRI information, inventory, and well location maps.
The package is being offered as a whole. Asking price is listed, and reasonable offers will be considered.
ORIGINALLY SELLING
30 UNITS OF FRACTIONAL UNDIVIDED WORKING INTERESTS OF 50% NON OP W.I.
CONSISTING OF 1.66% WORKING INTEREST (1.25% NET REVENUE INTEREST)
PER UNIT IN 1 WELL.
15 UNITS LEFT.
AS ADDED INCENTIVE 75% OF WORKING INTEREST NET INCOME SHALL BE PAID TO INVESTORS HEREIN UNTIL PAYOUT.
TARGET FORMATIONS, UPPER AND LOWER SWATSIKA SANDS APPROXIMATELY +-4,000′.
4+ UPPER PRODUCTION ZONES AS WELL.
I.P. 80 – 100 BOPD
CONTACT US FOR ADDITIONAL DETAIALS.
5 wells, tested at approx. 58 BOPD. Due to maintenance requirements and some needed improvements, currently producing approximately 5-6 BOPD. Includes one wastewater disposal well. Motivated seller — we will consider any reasonable offer.
140 acre tract of land available to lease for SWD. County Road Frontage. New drilling to the north with plans to drill all around the land in the coming years. 3 phase power at property gate. Low owner royalty rate.
6 acres with major highway frontage located in Howard county available for lease for SWD. Low royalty Rate. Surrounded by lots of horizontal drilling. Multiple operators in the area.
Drilling project with initial 2 wells at 3,000 feet. Have logs to verify the upper and lower Strawn Sand and have done sensing and the soil gas analysis with GeoFrontiers. Shows high gravity oil in all spots tested proving up the reservoir. Potential to return initial investment in 2.5 to 6 months depending upon the initial production.
Per 1% Working Interest and 75% NRI for pricing above; additional cost on completion
2 leases adjacent to one another. Currently producing 5 bbls a day. Have a new injection well tested and approved. Bringing online in coming weeks. One well is down and has been cleaned out which produces an additional 2 bod. Happy to share more information. Please email or call. Thank you
661 Acres held by one Producing Oil Well in South Texas .The Oil Well is 5000 foot deep. The well is producing 3 barels oil in a day without water . I own 100% working interes an 75% NRI .Is plenty of room to drill new wells
Attached is my 40 well production package. These properties are in South Texas and consists of roughly 7,300 non contiguous acres. There’s
30 PUDS and lots of behind pipe pay. There’s a combination of approximately 115% override and 750% working interest. I do not own all the interest in each well but I own an average of 3% override and 20% working interest in each property.
This properties are primarily Frio formation and each property has infrastructure with roads, gas taps, water wells, salt water disposals, etc.
170 Acres; 7 wells: 2 Injection, 7 producers Average production 6 BOPD Operations cost¬ $900 monthly average several drilling locations. Some drilling potential in a 1400ft zone. 1 new Full tank battery and 1 injection pump with brand new modern water knock out. Electric meets new standards being enforced by the RRC. 100%WI / 75% NRI Contact us if you’d like more information. This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions.
