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Production Plus Bonus

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Richard
Published 02/27/2017 - 10 years ago
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Location
TexasDistrict 8AScurry
Category
Investment
Description

The Wells being offered have tremendous amount of growth potential. Current wells online are producing approximately 8 BOPD from the Fuller and Cisco Sands formations. The depth ranges from 4, 984’ – 5, 127’. The producing wells have 480 acres which are comprised of two leases, one 160 acre lease and one 320 acre lease. Up-hole and behind pipe, lies the San Andreas. This formation has not been exploited by the current operator and possibly holds potential hydrocarbon reservoirs. The property also includes its own disposal well. Additionally, the property includes one well drilled within the last 3 years. This well has never been produced and is maintained with a Halliburton shoe that has never been drilled.
5 Wells Total with 2 currently producing

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