The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Ascent Resources- Utica LLC and Ascent Utica Minerals LLC has retained EnergyNet for the sale of a non-operated 96 well package in Belmont, Guernsey, Harrison, Jefferson and Noble counties, Ohio. The lot# 114740 package includes a 12- month average net income of $32,114 per month.
Opportunity highlights:
- Non-Operated Working Interest in 96 Hz Wells:
- 1.75% WI / Avg NRI ~1.58%
- Wellbore Only
- 12-Month Average Net Income: $32,114/Month
- 6-Month Average 8/8ths Production: 56,489 MCFPD and 169 BOPD
- 6-Month Average Net Production: 881 MCFPD and 3 BOPD
Operator: Ascent Resources - Utica, LLC
Bids are due March 14 at 4 p.m. CDT. For complete due diligence, please visit energynet.com, or email Emily McGinley, managing director, at Emily.McGinley@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach
2024-02-27 - Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.
Repsol to Drop Marcellus Rig in June
2024-04-26 - Spain’s Repsol plans to drop its Marcellus Shale rig in June and reduce capex in the play due to the current U.S. gas price environment, CEO Josu Jon Imaz told analysts during a quarterly webcast.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
E&P Highlights: March 15, 2024
2024-03-15 - Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.