The Oil & Gas Asset Clearinghouse will conduct an auction Dec. 7 with live floor and real-time internet bidding for oil and gas properties in Colorado, Louisiana, Oklahoma, Texas, Wyoming and other states.
Notable sellers include: EOG Resources Inc. (NYSE: EOG), EXOK Inc., Diamondback Oil Partners LLP, PXP Gulf Coast—a subsidiary of Freeport-McMoRan Inc. (NYSE: FCX), Jetta Operating Co. Inc. and Premier Natural Resources LLC.
The auction also includes addition absolute lots from several companies, consisting of EOG, EP Energy Corp. (NYSE: EPE), Diamondback Oil Partners, EXOK and Shamrock Natural Resources LLC.
The pre-sale begins at 8 a.m. with the auction starting at 12:30 p.m. at the Omni Hotel located at 4 Riverway in Houston. Registration in advance is required for all parties interested in bidding.
For information visit ogclearinghouse.com or contact Clearinghouse at 281-873-4600.
Offerings include:
Diamondback Oil Partners
- Operated 75% working interest and 64.75% net revenue interest in a gas well producing 125,000 cubic feet per day (cf/d) in the Craig North Field in Moffat County, Colo.
- Operated 100% working interest and 73.65% net revenue interest in an oil well producing 4 barrels per day (bbl/d) in the Travois Field in Morgan County, Colo.
EOG Resources
- Operated interest in nine wells in the Fort Trinidad Field in Houston and Leon counties in East Texas producing about 74 bbl/d of oil and 191,000 cf/d of gas. Includes compressor station capable of moving 4 MMcf/d and gas gathering system.
- Operated interest in 13 wells in the Bucks Bayou Field in Matagorda County, Texas. Includes production of 10 bbl/d of oil and 1.747 MMcf/d of gas and behind pipe potential.
- Operated interest in nine wells in the La Gloria Field in Brooks and Jim Wells counties in South Texas. Includes production of 707,000 cf/d of gas and behind pipe potential.
- Operated interest in three wells producing 3 bbl/d of oil and 176,000 cf/d of gas in the McAllen Ranch Field in Hidalgo County in South Texas.
EXOK Inc.
- Nonoperated interest in an oil well producing 13 bbl/d in the Cushing Field in Creek County, Okla. Mid-Con Energy Partners LP (NASDAQ: MCEP) is the operator.
Jetta Operating
- Working interest in two producing wells in the Golden Trend Field in McClain County, Okla. Includes production of 11 bbl/d of oil and 14 Mcf/d.
Premier Natural Resources
- Operated interest in 12 wells producing 3 bbl/d of oil and 172,000 cf/d of gas in the Altair and Tait fields in Colorado County, Texas.
- Operated interest in 13 wells producing 1 bbl/d of oil and 494,000 cf/d of gas in the Loma Blanca and Picoso East fields in Brooks and Webb counties, Texas.
PXP Gulf Coast (subsidiary of Freeport-McMoRan)
- Nonoperated interest in four wells producing 8.471 MMcf/d of gas in the Hawkville Field in Webb County in South Texas. Lewis Petro Properties Inc. is the operator.
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