80 acre lease currently producing 3bopd.
9 Wells total: 4 Producing, 1 not producing with pumpjack, 2 injection wells-1 in use, 2 wells that can be produced.
6- 150bbl Tank Battery
1 300bbl Fiberglass Salt Water Tank
3 North Texas Leases for Sale
We operate three wells in North Texas which we are offering for sale at a discounted equipment value price. The previous operator averaged 9.74 BOPD and 1.67 BOPD from two of the wells between 2007-2015. The third well has never been pumped. The equipment value of these leases is in excess of $55,000. Two leases are fully equipped and ready for production. Much of the equipment was bought new in early 2015. We are short on operating funds and can’t afford workovers for the wells. We simply do not have the resources needed to bring these wells back to their previous proven production.
Commercial Real Estate Auction
Commercial Real Estate Auction
Manufacturing Facility/Warehouse • Online Bidding Available
September 15 • 10 AM
14.7± Total Acres • 3 Buildings • 191,350± Total Sq Ft with 4% Office Space
Please email for property site information
Previews by appointment.
• Buildings have heavy load floors & clear heights of 26 ft
• Clear span manufacturing distribution warehouse area
Building 1:
127,200± sq ft; built in 1992
Building 2:
58,500± sq ft; built in 2001
Building 3:
5,650± sq ft; built in 2001
TERMS: Sells to the High Bidder above $1,500,000. Contact me for complete details.
13.5% non op wi for sale
Generating $16,600 per month
Developmental 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 in this field, each of which had initial flow rates in excess of 1500 bopd. After much due diligence by reviewing all original well files we have determined that there is a significant amount of proven reserves still remaining that can be recovered. With today’s enhanced drilling and completion technology this opportunity presents itself to be a very low risk developmental well with potential of high reward while taking advantage of the remaining oil reserves left in place.
Estimated initial production should be in the 125-200 BOPD range with 100+ MBO per well in place. Price above is for 1% Working Interest with a 5% minimum purchase required. Expected payout is 8 months or less with a better than 7:1 ROI. All (100%) net monthly revenues will be dispersed to participants until payout, at which time Operator will back-in for 25% reversionary interest in the first well only.
Operator has more than 30 years experience in this area and is well versed with these types of EOR Projects. We have put together a PDF file for review and it can be sent by email upon request.
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. We advise you to do your own due diligence and consult with a licensed professional before making any investment decisions.
TX 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
320 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.
Upto 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 locations and behind pipe upside.
Oil 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.
Palo Pinto County Producing Lease for Sale
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 over $100K
Use of SWD facility on adjacent lease charging $0.50 a barrel.
100%WI/75%NRI
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.