Producing Leases
Lease consists of 170 acres HBP, we are selling up to 85% WI 63.75% NRI on entire lease. Two wells currently producing 4-6 bopd and gas is being vented, 10 BWPD from the Lower Strawn and Caddo. Estimated 120 MBO (thousand) in reserves in 2 wells to be perforated in the Upper Caddo & Strawn, this is recoverable ratio at 20%. Monthly operating expenses for both leases estimated at $1,100, two shut in wells exist for bringing back online. Wells can increase to 6-8 bopd by monthly backside chemical alone. A full developmental plan by engineers and geologists is already in motion for this asset including fracking it. This lease has tremendous opportunity. One well is in the Caddo formation producing from approximately 3200’. The other well is producing from the Upper Strawn formation at 2950’. There are numerous zones uphole that can be brought into production, specifically the upper Strawn at 2650’ which is a well-known prolific producer in this area. Options include Acid job on both wells which could results in gain of 3-6 bopd from each well. Alternatively fracking the Caddo and Strawn would provide a higher net pay and an anticipated 25-35 bopd. There is a natural gas pipeline adjacent to the lease and a small interconnect would allow for the sale of natural gas as well, it is estimated the current natural gas being vented is ~ 8-12 Mcfd. The additional upside with this acquisition is also the other shut in wells, that just by putting them online and acid wash to re-open perforations can add another 5- 10 bopd to the leases production. Purhcase price includes 2 producing oil and gas wells 2 shut-in oil wells that can be re-entered 2 pump jacks 4 210 tanks 2 vertical separator 1 horizontal seperator
More InfoMineral Rights for Sale
320 acres of mineral rights for sale. Contact me for more information.
More Info2,043 acre unit in North Texas HBP
2,043 acre unit in North Texas 4300' sandstone Forrest A. Garb engineering study shows 9,400,000 bbls of recoverable oil. Call Ed for details
More Info*SOLD* Wichita County Producing Lease for Sale
*SOLD* 228 Acres in Wichita County, TX 15 wells: 3 Injection, 4 shut in, 7 producers Average production 7-9 BOPD Average depth 1100 ft - mostly Gunsite Operations cost¬ $1200 monthly average 2¬4 drilling locations, very prolific and studied area Some drilling potential in a 1400ft zone. Most wells have been re¬worked and have tested down hole tubulars. Full tank battery and GASO injection pump with modern water knock out. Electric meets new standards being enforced by the RRC. 100%WI / 80%NRI Contact us if you'd like more 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.
More Info*SOLD* North Texas Oil Well for Sale
*SOLD* 1 well lease with upside potential. Production history shows 1/2 bbl oil per day. We were told that if you clean sand out of well, it will produce 4 bbl per day. Previous owner never sold gas, but there is a tapped gas line 200 feet away. We recently acquired this well with several others. Tubing anchor seems to be hung up. We are moving on to the other wells and will take salvage value for this one at $10,000. Contact me for more information.
More Info*SOLD* Wichita County Producing WI for Sale
*SOLD* 228 acres - Wichita County,TX 15 wells: 3 Injection, 4 shut in, 8 producers Average production: 7-9 BOPD - steady for 8 months Average depth 1100 ft - mostly Gunsite 24 drilling locations on lease, very prolific and studied area Typical operating costs around $1,300/month Most wells have been reworked and have tested down hole tubulars. Priced for 20%WI/16%NRI Contact us for more 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.
More InfoDevelopmental Drilling Project
We are preparing to drill one developmental in a mature field in North Central Texas. This very prolific field which has proven to have long lasting production was originally drilled in the 1930-40's, and still remains highly productive today. We have the opportunity to drill a direct offset to two of the original wells drilled in this field, each of which had initial flow rates in excess of 1500 bopd. After much due diligence by reviewing all original well files we have determined that there is a significant amount of proven reserves still remaining that can be recovered. With today's enhanced drilling and completion technology this opportunity presents itself to be a very low risk developmental well with potential of high reward while taking advantage of the remaining oil reserves left in place. Estimated initial production should be in the 125-200 BOPD range with 100+ MBO per well in place. Price above is for 1% Working Interest with a 5% minimum purchase required. Expected payout is 8 months or less with a better than 7:1 ROI. All (100%) net monthly revenues will be dispersed to participants until payout, at which time Operator will back-in for 25% reversionary interest in the first well only. Operator has more than 30 years experience in this area and is well versed with these types of EOR Projects. We have put together a PDF file for review and it can be sent by email upon request. 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. We advise you to do your own due diligence and consult with a licensed professional before making any investment decisions.
More InfoShallow producing Oil Lease with PUDs & upside- Gunsight
80 acre lease currently producing 3bopd. 9 Wells total: 4 Producing, 1 not producing with pumpjack, 2 injection wells-1 in use, 2 wells that can be produced. 6- 150bbl Tank Battery 1 300bbl Fiberglass Salt Water Tank
More InfoHorizontal Caddo Well
6 BOPD with possible gas sales. Around 80% NRI and 100% WI. 100ac lease in Jack County Texas.
More InfoFormer producer! Drilled, good production, plugged 1982.
Will of our Mother, Maggie Mae Quinn, Maiden; Maggie Mae Crowley, First Marriage Maggie Mae Farris (Deceased) All Mineral Rights on 40 acres. Three (3) Owners: 100% James S Farris (Brother) Louise Kivlehen (Sister)(Deceased)Children Lavoy Davis (Sister)(Deceased)Surviving Spouse and Children Priced per Acre
More Info*SOLD* Young County 2 Lease Rework Program
*SOLD* Lease currently producing 5 BOPD from 2 wells Plan is to come uphole on both wells and perforate new payzone and create an injection well from an abandoned well Estimated 80MBO in reserves in new zone with IP rates around 35 BOPD combined Estimated payout less than 2 years on $40 oil 30%WI made available (75%NRI) in wells. Pricing above is for minimum purchase, 5%WI. Please contact us for more 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.
More InfoWest TX Producing WI for Sale
Single well on 40 acre lease in production for almost 30 years Shallow production decline curve for past 10 years Large Operator has been in possession for over 20 years Average monthly net income around $900 for past year based on WI for sale Price above for 12.5%WI @ 75%WI ID 1186
More InfoWell Rework Program with Guaranteed Production
One of my operators has about 50 well candidates for reworks on various leases in TX that are shut in at the moment. He currently produces over 140 BOPD on average. The proposal is as followed: *The Operator will assign 50%WI in exchange for price above per well. *Guarantee of 3 BOEPD after 90 days of well online. If not, Operator will assign you additional equivalent WI in one of his producing wells *First right of refusal on subsequent wells The first candidate is a Caddo well about 4,000' with 400 psi on the casing. The Operator feels this well alone could make upwards of 10 BOEPD after rework. Gas pipeline is already set. Simply put...no real risk, just upside and duplicate-able. Contact us if interested in additional information. And yes, we can do multiple well packages. (Office ID 1165)
More Info*SOLD* – Oil Lease
*SOLD* One well produces 8-10 BOPD but currently has a parted rod that we will fix. The other well is a saltwater disposal well recently passed the annual H-5. The land and mineral require a $500 monthly fee to operate the disposal in place of the lease being HBP.
More InfoRe-work Potential 2 wells
One well with rework potential produces oil off the back side. One Saltwater Disposal well. Lease comes with a 320 Pumping unit, 2 steel 150 BBL tanks, 1 fiber glass 300 bbl tank, 2 Fiberglass 250 bbl tanks and gun barrel separator all of which is still operational. We are moving on to bigger projects.
More Info2 Horizontal well producing !
Excellent lease.. wells are producing 200 mcf per day and 2-3 bopd..owner/operated ..priced for quick sale
More InfoCentral TX Rework Wells with Production Guarantee
Multiple well candidates from operator who recently purchased leases. Estimated 8-10 BOEPD after rework – 5-6 years of production. Untested Marble Falls payzone at 5,000’ Operator has reworked 4 wells in past 2 months for participants: First well IP 24 BOPD now settled in at 8 BOPD, next wells have averaged 12 BOPD. 50%WI (37.5%NRI) per well at price above – Operator will guarantee 3 BOEPD within 90 days of completion or compensate with equivalent in producing wells. ID 1165 Please contact us if interested. 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.
More InfoProduction
We have available 3.5 bopd located in District 09. Producing Well are at approximate depths of 800 ' in the Oil Sand. All Rights, title and Interest. Email for more information.
More InfoNorth Texas Oil Lease – 5 BOPD
Oil lease for sell currently producing 5 BOPD from one well and upside of 2-4 BOPD from a second well. Second well has good pumping unit but needs tubing and rods. Injection well passed H-5 test in June 2016 and is good for another 5 years. Lease is 289 acres.
More InfoCentral TX Rework Candidate Development with Guaranteed Production
Operator has over 30 rework candidates on various leases in Central TX. 8 wells have been re-entered and completed making 6 BOEPD, one is making 25 BOPD since November 2016. Guarantee of 3 BOEPD per well or operator will assign interest in other producing wells to balance. 50%WI / 40%NRI for price above. Price above is per well but can do discounts for multiple well packages. Contact us for additional information. Reference 1165C 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.
More InfoMississippi 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.
More InfoNorth Texas
An older field with production of 1.5-2 barrels a day. Only 3 wells producing at this time. Has injection well, one well that needs to be hot oiled, and 5 others that can be hung back on. Lease has been neglected for years. Lots of potential and companies are moving in and drilling around the area.
More InfoPRODUCING (HBP) OIL & GAS PROPERTY WITH UPSIDE
Great property for an investor or operator to pick up low marginal production and ramp up through low cost/risk acid treatments and field optimization. Geology also verifies additional infill drilling locations. ▪ 160 Acres ▪ 100% Working Interest, ~ 70.4% NRI ▪ 13 Vertical Wells ▪ Producing Zones include the McCluskey Sand, the Strawn Sands, Caddo Conglomerate, and the Bend Conglomerates. ▪ Other producing zones in the area include the Marble Falls and Mississippian. ▪ Upside includes optimization potential, optimization of water flood and evaluation of untested porous sands. None of the wells have been completed in all the potentially productive horizons. Potentially productive zones include the McCluskey Sand, the Upper, Middle and Lower Strawn, the Caddo Limestone, Bend Conglomerates Numbers #1, #2 and #3, Marble Falls and Mississippian. Currently accepting bids on this opportunity.
More InfoStarts Friday – Offset Drilling Program – Est 30-50 bopd
4000 Acre Lease with permitted SWD Surrounding production and shut-in well on lease indicating presence of King Sand formation. (Shut-in well produced 9MBO but completed incorrectly by previous group) Plan is to drill single offset well to 2,800’ to test and complete in the King Sand Estimated 30-60 MBO recoverable with production rate estimates 25-50 BOPD Estimated Payout conservatively between 10-18 months and 5:1 - 8:1 ROI Price above for 1%WI @ 75%NRI minimum 2%WI purchase. First well in a 5 well program (first right of refusal on subsequent wells). WI Purchase after log may be available but subject to change. 15%WI available Contact us for additional information. Note: 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.
More Info300 Well Package
300 +/- Wells in multiple counties. Holds a ton of acreage and has lots of upside potential. Price above for entire package.
More Info3-5 BOPD Lease with 4 additional WO potentials
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.
More InfoMultiple Oil/Gas Wells
Several Oil and Gas wells for sale. Some shut-in and some producing with uphole potential. Multiple Counties and Districts. Contact for more information
More InfoYoung 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.
More InfoShallow 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.
More Info2 Producing Leases For Sale
170 Acres; 7 wells: 2 Injection, 7 producers Average production 6 BOPD Operations cost¬ $900 monthly average several drilling locations. Some drilling potential in a 1400ft zone. 1 new Full tank battery and 1 injection pump with brand new modern water knock out. Electric meets new standards being enforced by the RRC. 100%WI / 75% NRI Contact us if you'd like more 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.
More Info2 Adjacent Producing Leases For Sale
2 leases adjacent to one another. Currently producing 5 bbls a day. Have a new injection well tested and approved. Bringing online in coming weeks. One well is down and has been cleaned out which produces an additional 2 bod. Happy to share more information. Please email or call. Thank you
More InfoStrawn Sand Prospect
Drilling project with initial 2 wells at 3,000 feet. Have logs to verify the upper and lower Strawn Sand and have done sensing and the soil gas analysis with GeoFrontiers. Shows high gravity oil in all spots tested proving up the reservoir. Potential to return initial investment in 2.5 to 6 months depending upon the initial production. Per 1% Working Interest and 75% NRI for pricing above; additional cost on completion
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