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.
Robert L. Bayless Producer LLC retained EnergyNet for the sale of its eight well package in Uintah County, Utah. The Lot# 114353 package includes a 6-month average net income of $71,256/ month.
Opportunity highlights:
- Non-Operated Working Interest in 8 Wells:
- Avg WI ~48.91% / Avg NRI ~39.19%
- Operator: Finley Resources, Inc.
- 6-Month Average Net Income: $71,256/Month
- 6-Month Average 8/8ths Production: 126 BOPD and 146 MCFPD
- 6-Month Average Net Production: 64 BOED (80% Oil)
- 157.00 Net HBP Leasehold Acres
Bids are due Feb. 22 at 4 p.m. CST. For complete due diligence, please visit energynet.com or email Reilly Bliton, managing director, at Reilly.Bliton@energynet.com.
Recommended Reading
To Dawson: EOG, SM Energy, More Aim to Push Midland Heat Map North
2024-02-22 - SM Energy joined Birch Operations, EOG Resources and Callon Petroleum in applying the newest D&C intel to areas north of Midland and Martin counties.
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.
Rystad: More Deepwater Wells to be Drilled in 2024
2024-02-29 - Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
Comstock Continues Wildcatting, Drops Two Legacy Haynesville Rigs
2024-02-15 - The operator is dropping two of five rigs in its legacy East Texas and northwestern Louisiana play and continuing two north of Houston.