Two wells are active producers equipped and pumping, producing conservatively 4-8 barrels of oil per day. One active producing well has a new pump but needs electricity to produce conservatively 2-3.5 barrels of oil per day. Five shut-in wells are equipped and ready to be brought back into active well status, producing conservatively 9-13 barrels of oil per day. Current production with 2 wells running is 4-8 barrels of oil daily. The lease with all wells producing makes around 40 barrels of water a day, which a larger operator on the lease takes. The lease holds 320 acres, and wells are drilled on 20-acre spacing, which could be reduced to 10-acre spacing for additional PUD locations.
20 Oil and Gas Wells (Inactive – Full Geo)
We purchased 100 well bores from an operator and and have around 20 wells oil and gas that do not meet our criteria. Most of these wells can produce. We have a geological report for each well, logs and data. The wells are from 3500′-6000′ deep in and around district 7b, and surrounding counties. This is a fantastic starter package for a small operator to workover. Possibly able to get 1-5 BOPD per well, with a few that offer upside of 10-20 BOPD. We are selling as a package and will send over a list of APIs and data.
Seeking Production & Drillng Opportunity in Permian Basin
Our company is looking to JV or purchase oil and gas assets with some production and opportunity to work over & drill more wells in Permian Basin.
Please send us info about your assets or call us.
18 Gas Wells
18 Gas wells with upside. Monthly revenue 8-20k depending on gas prices.
Shallow well drilling prospect
Lease has had prior shallow well production. Drilling offsetting one well that had a 10 foot pay zone. these zones are from 10 to 50 feet and I.P. at 24 to 40 barrels of oil. Have all geological info.
Young County
160 acres for lease. Has had 1 small Mississippi well and the north half of property shows a large Mississippi on radiometrics. Needs 2 lines of seismic done to confirm. Surface geology supports the radiometrics.
Mississippi Reef Prospect
Mississippi Reef prospect. Have had one prior Mississippi on property that produced 40,000 barrels of oil.
I have information on the test done. Contact for pricing.
Producing oil well with 900 acre lease available
Producing oil well 6 barrels a day, one drilled with no frac both have tank batteries. Plus 900 acre potential for additional drilling.
3 – 300bbls tanks 2 separators, heater treater, pumping unit, an additional pad, 100bbls tank and a kinder Morgan tap for the sale of any natural gas that is produced. A 4 “ pipeline in place running the length of the lease with future taps.
80 BOPD–NON Operated
Proven income producing non-operated working interest
25 BOPD 70 MCF Working Interest
All wells in a 30 mile radius.