Caddo Mineral Partners, Oil Gas Asset clearinghouse, sale, marketed, offering, Permian Basin, mineral rights, West Texas, Reeves, Ward, Martin, Midland, Howard, Concho Resources, Pioneer Natural Resources, Encana Corp, Delaware Basin, Midland Basin, Bone

Caddo Mineral Partners LLC is offering producing and undeveloped mineral assets in the Delaware and Midland basins in a negotiated sale through The Oil & Gas Asset Clearinghouse.

The assets are located in Reeves, Ward, Martin, Midland and Howard counties in West Texas. Operators include Concho Resources Inc. (NYSE: CXO), Pioneer Natural Resources Co. (NYSE: PXD) and Encana Corp. (NYSE: ECA).

Highlights:

Caddo Mineral Partners, Oil Gas Asset Clearinghouse, map, Texas, Reeves, Ward, Martin, Midland, Howard, Permian Basin, Delaware Basin, Midland Basin, oil, natural gas

  • Productive formations in the Delaware and Midland basins including the Bone Spring, Spraberry and Wolfcamp;
  • Multiple producing horizons consist of Wolfcamp A, B and C;
  • 102 proved undeveloped (PUD) locations identified;
  • Nine tracts in the Permian Basin covering 440.75 net acres;
  • 80 additional locations with increased density;
  • 18 proved developed producing (PDP) wells;
    • Includes four horizontal wells;
  • PDP royalty interest ranges 0.8% to 7.5%; and
  • PUD royalty interest ranges 0.3% to 1.8%.

Bids are due Sept. 1. For information visit ogclearinghouse.com or contact Pat Dapra, vice president of negotiated transactions for Clearinghouse, at 832-601-7655.