Operator has over 30 rework candidates on various leases in Central TX.
8 wells have been re-entered and completed making 6 BOEPD, one is making 25 BOPD since November 2016.
Guarantee of 3 BOEPD per well or operator will assign interest in other producing wells to balance.
50%WI / 40%NRI for price above. Price above is per well but can do discounts for multiple well packages.
Contact us for additional information. Reference 1165C
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.
We have available 1 Producing well with 1 Water Injection Well in Shackelford County, Texas 7B., producing from the Ellenburger at approx. 4200’. Currently Producing 8 BBLs Oil and 30 MCF of Gas per day total on 80 acres. Minimum Operating expenses. Serious Inquiries Only PLEASE. Schedule your visit today
76.5 ac lease for sale producing out of the McMillon Sand. Now producing out of the upper zone but has previously produced out of both zones. 1 producing well with progressive cavity pump total Depth of 2765 and 1 SWD Pump all equipped. Can Produce 4-5 BPD and we believe it can achieve 7-8 BPD if the bottom zone is opened as it previously was. 87.5% NRI and Operator Owns 100%. Will entertain offers.
List of Equipment
2-300 Tanks
210 fiberglass tank
210 Overflow Tank
Water knock-out
30 HP Progressive Cavity Drive Head
Automated Controller
Solar Powered Chemical Pumping System
1 down hole pump w/ rotor and stator
The Wells being offered have tremendous amount of growth potential. Current wells online are producing approximately 8 BOPD from the Fuller and Cisco Sands formations. The depth ranges from 4, 984’ – 5, 127’. The producing wells have 480 acres which are comprised of two leases, one 160 acre lease and one 320 acre lease. Up-hole and behind pipe, lies the San Andreas. This formation has not been exploited by the current operator and possibly holds potential hydrocarbon reservoirs. The property also includes its own disposal well. Additionally, the property includes one well drilled within the last 3 years. This well has never been produced and is maintained with a Halliburton shoe that has never been drilled.
5 Wells Total with 2 currently producing
An older field with production of 1.5-2 barrels a day. Only 3 wells producing at this time. Has injection well, one well that needs to be hot oiled, and 5 others that can be hung back on.
Lease has been neglected for years. Lots of potential and companies are moving in and drilling around the area.
14 Oil and Gas wells currently producing 6 bbls of Oil and 50 mcf of Gas per day from the Paisano Creek ( Pettus ). Production can be increased if all wells are brought on line. Newer Tri-Plex Water Pump, Pumping Units are Lufkin’s 114’s or bigger, 200K in salvage equipment alone. All pumping Units run from produced gas. Low Operating costs. Comes with its own Water Injection Well, so no water hauling. Additional information available upon request.
One well available producing 1.5 bbls of oil at 3200′. This well was drilled in 2010, and we believe with some TLC and a little work (Chemical to control Paraffin and a small acid job) this well can easily do 4 bbls at a minimum. Very Simple set up with road access and hardly any maintenance.
40 acres on 5 acre spacing.
Plan is to drill 2 wells into Caddo, Marble Falls, and Ellenburger to 1600′.
Estimated production between 35-75 BOPD per well based on adjacent leases drilled by partnership and other operators this year.
Estimated payout under 6 months with conservative production and $40 oil.
100% WI /75% NRI at price above. Turnkey non op with 1/16th carry to the operator.
Multiple well candidates from operator who recently purchased leases.
Estimated 8-10 BOEPD after rework – 5-6 years of production.
Untested Marble Falls payzone at 5,000’
Operator has reworked 4 wells in past 2 months for participants: First well IP 24 BOPD now settled in at 8 BOPD, next wells have averaged 12 BOPD.
50%WI (37.5%NRI) per well at price above – Operator will guarantee 3 BOEPD within 90 days of completion or compensate with equivalent in producing wells.
ID 1165
Please contact us if interested.
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.
Lease producing 6 bopd + 30 mcfgpd from a single well.
Plan is to replace pump on producing well and re-enter and frack non-producing horizontal well in the Marble Falls zone.
Estimated production between 30-65 boepd for re-entry minimum…possible 100 boepd IP
Payout estimated under 18 months Very Conservative
30%WI available at price above for existing well and rework – minimum 5%WI purchase
ID 1157A
Contact us if interested
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.
