This package is an old faithful lease with very little maintenance. Without fail it produces an average of 4 barrels per day and has an additional 4 wells that need workovers and can be brought online to increase production. This lease also comes with a working pulling unit that is based on the lease.
3 lease package 50-75 BOPD
Pristine setup of 3 adjacent leases each with one large producing well and large acreage for new drills or reentry possibilities. The Package is currently making around 40-50 barrels per day and we just brought on another big well that should stabilize around 25-35 barrels per day
Small 50/50 heads up re-entry
Working interest in a single well in TX (75%NRI) managed by an operator I’ve known for years
70-100 mcf of gas a day before parted rod a few years ago. naturally producing now but minimal
Plan is to replace rod then go from there.
Estimated $3500 a month net @ $2.50 per mcf 80 mcfpd
Typical operating expenses around $500 a month.
Price above for 50% working interest
Producing Permian Lease for Sale
1100 acre Leasehold regionally located along Eastern margin of the Delaware Basin
Highly active O&G development area, with operators such as Felix (WPX), Jagged Peak (Parsley), and Oasis
Historic horizontal production mainly from Wolfcamp A, with operators recently successfully testing the 3rd Bone Spring in the immediate area
1st well drilled (initial 1-mile lateral) exhibited IP30 of 550 BOPD / 650 BOEPD and has cumulatively produced 145 MBO /170 MBOE to date (1st production September 2018). Currently producing 150 BOPD + gas.
Recent down spacing tests by offset operators confirming 8-wells/section for multiple landing zones
Price and dataroom subject to Non-Disclosure Agreement
Producing Lease for Sale 12.5 BOPD
Oil well doing 12.5 bopd in TX in the Tannehill Sands. Did 13.5 bopd last year – shallow decline
Salt water injection well taking 20 bwpd on vacuum
Estimated $1200 MOE
Price above for 100%WI @ 75%NRI Ops
2 Lease Package with 18 Wells
100% WI 80% NRI. Two adjacent Oil Leases for sale in Browns County Texas with over 18 wells total. There is about a weeks worth of work for a roustabout crew left and I would recommend identifying some of the wells for workovers. Based on past data I would anticipate these leases doing 15 to 20 BPD. Price above is for both leases to try and move these quickly. We acquired these leases as part of a larger package and have spent a lot of time working on cleaning up and improving the leases. However we are currently being pulled between different projects and am trying to prioritize.
5-6 bopd producing with potential!
75% NRI
Shallow production 450′ depth wells. Appox. 36 month payout. Good equipment and infrastructure. Just completed RRC evaluation everything thing is in compliance. Landowner is mineral owner really easy to get a long with. There is drilling potential lease sits on 160 acres.
Olmos Oil Lease Fire Sale
A 127.25 acre prospective oil lease targeting the Olmos oil formation. Lease has HISTORIC production nearby. Lease provisions as follows: Paid up 2-year oil and gas lease, depths to 6,000′ (olmos formation). 80% NRI to operator, 20% royalty to owner. Maps and data to convey! Make an offer!
WELLS FOR SALE
OIL AND GAS WELLS FOR SALE WITH GOOD UPSIDE. MAKE OFFER
OIL WELLS FOR SALE
4 WELLS. MAKE OFFER