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.
Smithers Lake Oil Co. LLC is selling its operated working interest in 13 wells plus 1-SWD located in Fort Bend County, Texas.
Property Highlights:
- 100.00% WI / 70.88335% to 74.161841% NRI in 13 Wells
- 13 Producers
- 1 SWD Well
- 11 Miles Gathering Pipeline to Needville SouthCross sales terminal
- Approximately 3,700 Net Acres with 3-D Seismic Available for Purchase
- Field and Facilities are on dry land
- Upside (Provided by Seller):
- Proved potentials with minimum investment on workover or recompletion of existing wells, new PUD locations
- 6-Month Average 8/8ths Production: 181 BOPD Crude, 1,016 MCFPD Gas and 82 BOPD NGL
- 6-Month Average Net Income: $241,989/month
- Operator: JTL Operating Co. Inc.
This is an auction property. Bids end at 1:45 p.m. Central on Jan. 31. For complete due diligence information, please visit energynet.com or contact Denna Arias by phone at 281-949-8463, or by email at Denna.Arias@energynet.com or Cody Felton, vice president of business development, at Cody.Felton@energynet.com.
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