Marketed: Mississippian Play Opportunity in Blaine County, Oklahoma

Transaction Type
Marketers
Post Date
Close Date
Estimated Price
MM
Description

An undisclosed seller retained EnergyNet for the sale of a Mississippian play opportunity in the Webb 15-22-1XH Well in Blaine County, Oklahoma. The Lot#115431 package includes 391 active offset producers.

(Source: EnergyNet)

Opportunity highlights:

  • Wellbore Only in the Webb 15-22-1XH Hz Well:
    • 0.674688% WI / 0.5397504% NRI
    • Projected Formation: Mississippian
    • Total Participation Cost: $64,106.16
  • Seller will make the election to participate on 2/6/24
  • Operator: Derby Exploration, LLC
  • 3 Offset Permits
    • New Drill: 3 DUC
  • 391 Active Offset Producers
  • Select Offset Operators:
    • Citizen Energy III LLC
    • Ovintiv USA Inc.
    • Unit Petroleum Company

Bids are due Feb. 7 at 4 p.m. CST. 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.