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TX Marble Fall Horiz. Re-Entries with Production

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jmmink
Published 02/20/2017 - 10 years ago
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Location
TexasDistrict 09Young
Category
Investment
Description

Lease producing 6 bopd + 30 mcfgpd from a single well.

Plan is to replace pump on producing well and re-enter and frack non-producing horizontal well in the Marble Falls zone.

Estimated production between 30-65 boepd for re-entry minimum…possible 100 boepd IP

Payout estimated under 18 months Very Conservative

30%WI available at price above for existing well and rework – minimum 5%WI purchase

ID 1157A

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TX Marble Fall Horiz. Re-Entries with Production