Connecting Oil and Gas Resources
2 producers in Midland, Tx…12-13,000 depth
1 water injection….18 BOPD
PRICE ABOVE IS FIRM !! 55% down, remaining balance over reasonable and agreed upon time period
Need the cash ..ready to sell..no time to haggle..1st to come with the cash . Proof of funds needed…have no time to waste
380 acres with existing disposal well and gas pipeline. Ran by Texaco in 1970’s.
3 wells drilled on lease currently in completion mode with net pays of +20ft in the Marble Falls. Estimated 100 – 150 MBO recoverable combined in 2 payzones with production rate 80-100 BOPD with associated gas in each well.
Lease across road with 9 recently drilled and producing wells in same payzones. All came in stronger than 50 BOPD.
Plan is to drill offset wells to the Marble Falls at 2,500’ and test this zone and multiple zones uphole. Up to 4 more wells planned to be drilled on the lease
Estimated Payout conservatively between 10-16 months and 5:1 – 15:1 ROI
Pricing above per point @ 75%NRI. Minimum 3% purchase. 10%WI available. Can bundle up to 3 wells.
Plan to deepen an existing producer (30-40 Bo/mth) approximately 400 feet and complete open hole. Expect IP 30-60 Bopd. If successful, will run casing and frack well at a later date.
Work program planned for March 2018.
2 wells to be drilled on separate leases in- 460 acres
Gardner, Morris & Fry Sand Payzone @ 5,000′
Similar wells drilled by Operator in area this summer have paid out 1/2 of raise in less than 5 months
Estimated 60 MBO per well. Ave 60 BOPD first year. Declines typical of sands
Estimated payout under 15 months
20%WI available @ 76%NRI equivalent. Pricing above per point with minimum 2% purchase
15 Acre Lease in Hardin County TX – 2 acre spacing
2 wells marginally producing – third well with 160 psi casing pressure that produces over 70 barrels when pumped once a month.
Plan is to rework third well and perf upper zones in the producing wells to produce a total of 50 BOPD
Estimated 200-400MBO in recoverable reserves from the 3 wells conservative
Estimated payout under 10 months with ROI over 20:1
50%WI available – minimum 3%WI purchase – Price above per point
900 Acres with multiple wells in multiple proven payzones including Shallow Permian and Strawn Sands
Currently Producing 57 BOPD & 260 MCFPD with net revenue @ $1.3MM in 2016
Purchase will fund “Phase I” reworks and repairs to bring estimated $500k in monthly net revenue and estimated Year 1 revenue around $6.5MM.
Total proved reserves @ $23MM.
Additional planned phases will be heads up with the operator.
Price above for 75%WI & 60% NRI non ops
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.
Texas Oil and Gas Production Available. We have available for sale, numerous producing oil and gas wells in West Central Texas. Reply for more information, Principles only please
***STARTING BY DECEMBER 10TH***
380 acres with existing disposal well and gas pipeline. Ran by Texaco in 1970’s
Plan is to drill to the Marble Falls at 2,500’ and test this zone and multiple zones uphole
Estimated 50-70MBO recoverable with production rate 50-80 BOPD
Direct offset to lease with 9 recently drilled and producing wells. Team on those wells acquired for this prospect.
Estimated Payout conservatively between 10-18 months and 5:1 – 15:1 ROI
Price above for for 5%WI blocks @ 75%NRI before payout and 65.625% APO – only 1 block left
Please contact us if interested in comprehensive information.
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.
15 Acre Lease in Hardin County TX – Salt dome – 2 acre spacing.
2 wells marginally producing…third well with 160 psi casing pressure that produces over 70 barrels when pumped once a month.
Plan is to rework third well and perf upper zones in the producing wells to produce a total of 50 BOPD
Estimated 200-400MBO in recoverable reserves from the 3 wells conservative
Estimated payout under 10 months with ROI over 20:1
25%WI available – minimum 3%WI purchase
Pricing above is per point
Contact us for additional information.
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.
Production from 43 producing wells is being sold by a very well-known independent geologist in South Texas that would be non-op (has operators) for 9 million with 52 total PUD locations and 7 PDNP re-entry wells that are ready to be drilled. The ROI is 3.43 based on the EUR and cost of all of the PUDs and PDNPs if he was to pay for 100 percent of the costs which he currently only has a portion of (his portion averages 9% WI and 2.5 ORRI). The leases total 6,845 acres and are located in close proximity to RRC District 2. He is selling what he owns which is a portion of the ORRI and Non-Operating Working Interest on each lease. The Working Interest amounts vary from 2 to 40 percent on most of the leases and the ORRI varies from 2 to 5 percent on most of the leases with the remainder of the interest owned by private investors and the operators. He owns the majority of the working interest in most of the leases, so he has the ability to propose more wells which would be transferred to the investor or company that buys these wells. The wells currently make a total of 67.16 BOPD and 407.57 BOPD based on the amount of working interest and ORRI he owns, which profits him $121,793 a month after lease operating expenses.