Update: TX Single Well Re-Entry Program
Re-entry into abandoned well into unperforated zone above Cook Mountain. Estimated +550 MCF & +35 MB Condensate in Reserves Estimated Daily Production of 500 mcf and 15 BC Estimated payout less than 9 months @ $30 oil and $2.10 nat gas 75%WI being made available for $187,500. 74%NRI. Minimum purchase of 5%WI ($2,500 a point). […]
More InfoDevelopmental Drilling Project
We are preparing to drill one developmental in a mature field in North Central Texas. This very prolific field which has proven to have long lasting production was originally drilled in the 1930-40’s, and still remains highly productive today. We have the opportunity to drill a direct offset to two of the original wells drilled […]
More InfoTX Non-Producing Oil Lease for Sale
210 Acres – no production or equipment – new 3 year term Channel Garnder Sands @ 4950′ main payzone Estimated $340K AFE to bring old well online. Estimated 54 MBO in recoverable reserves in this well alone. 100%WI, 77%NRI Contact us if interested -ID 1141
More Info320 ACRE LEASE
Currently producing 1-2 b.o.p.d. on one well. Very little water. 4 wells in total. Others need a little work to bring production up to 4-5 b.o.p.d. Excellent investment.
More InfoUpto 25% Non-Op Working Interest available
We have 8 wells that have been reworked and are currently producing. Another 4 wells that are cased, cemented and awaiting completion into the Bluff Creek with a 40ft pay, with another 19 wells to rework. Estimated production is approx 200BOPD This is an 84% NRI lease with approx 1300 acres with 35+ additional drill […]
More InfoOil Wells for Sale
Good potential. 14 wells. One producing 4 barrels per day. Five others producing, but with high water content. Others in need of some repairs.
More Info*SOLD* Palo Pinto County Producing Lease for Sale
*SOLD* 400 acres – Marble Falls 150 MCPFD & 3 BOPD from 2 wells = 11 BOE Third well offline. Needs a new down hole pump and pump jack to get up and running with production under 100 MCFD 2 wells should have a 2-stage frac performed to produce 150-350 MCFPD. Price to perform each […]
More Info*Updated* 6 Austin Chalk Leases with 118 existing vertical wellbores
Luling Oil & Gas LLC (LOG) has acquired oil and gas leases representing 118 existing wells in the Austin Chalk formation. LOG owns mineral rights to 6 leases containing 653 acres with 118 existing vertical wellbores and 269 undrilled acres in the Austin Chalk Formation. 2009 Independent Reserve Report shows that these wells have substantial, […]
More Info*SOLD* Wichita County Producing WI for Sale
*SOLD* 228 acres – Wichita County,TX 15 wells: 3 Injection, 4 shut in, 8 producers Average production: 7-9 BOPD – steady for 8 months Average depth 1100 ft – mostly Gunsite 24 drilling locations on lease, very prolific and studied area Typical operating costs around $1,300/month Most wells have been reworked and have tested down […]
More Info100BOPD South Central Texas Lease for sale
we are currently looking to divest of all of our oil and gas leases in a single package deal. The leases are centrally located near one another in south central Texas. The majority of the wells were drilled over 30 years ago and have maintained a long consistent history with little to no decline curve. […]
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