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.
DRII LLC retained EnergyNet for the sale of a 642 well package across various counties and parishes in Louisiana, Oklahoma, Texas and Wyoming. The Lot # 115861 package includes a 12- month average net income of $60,536 per month.
Opportunity highlights:
- Non-Operated Working Interest in 642 Wells (Wellbore Only):
- Avg WI ~2.35% / Avg NRI ~1.87% (BPO)
- 47 Wells are APO Only
- 12-Month Average Net Income: $60,536/Month
- Current Average 8/8ths Production: 146,600 cf/d and 2,037 bbl/d
- Current Average Net Production: 1,192 cf/d and 26 bbl/d
- Select Operators:
- Continental Resources Inc.
- Hilcorp Energy Company
- Mach Natural Resources
- Trinity Operating USG LLC
- Unbridled Resources, LLC
- Further Subject to Oklahoma State Sales Tax
Bids are due April 3 at 1:30 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
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe
2024-05-08 - Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.
SLB OneSubsea JV to Kickstart North Sea Development
2024-05-07 - SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.
Chevron, Total’s Anchor Up and (Almost) Running
2024-05-07 - During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.
Transocean Releases Fleet Status Report
2024-02-15 - Transocean’s total backlog for its fleet is approximately $9 billion.