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.
Black Bear Oil & Gas LLC retained EnergyNet for the sale of a 52 well package in the Bakke Shale / Three Forks play that includes producing mineral and royalty interests in North Dakota’s McKenzie County.
Highlights:
- Producing Mineral Interst / Royalty Interest in 52 Wells:
- Average 0.25% Royalty Interest
- 50 Producing Wells | Two Wells in Confidential Status
- Six-month Average 8/8ths Production: 2,787 bbl/d of oil and 26,371 Mcf/d of gas
- Four-month Average Net Income: $13,897/Month
- Operators: Oasis Petroleum North America LLC and XTO Energy Inc.
- Mortgage to be Released at Closing
This is an auction property closing at 1:50 p.m. CST on April 14. For complete due diligence information visit energynet.com or email Emily McGinley, director of business development, at Emily.McGinley@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
2023-2025 Subsea Tieback Round-Up
2024-02-06 - Here's a look at subsea tieback projects across the globe. The first in a two-part series, this report highlights some of the subsea tiebacks scheduled to be online by 2025.
Subsea Tieback Round-Up, 2026 and Beyond
2024-02-13 - The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.
Tech Trends: Autonomous Drone Aims to Disrupt Subsea Inspection
2024-01-30 - The partners in the project are working to usher in a new era of inspection efficiencies.
Haynesville’s Harsh Drilling Conditions Forge Tougher Tech
2024-04-10 - The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.
Betting on the Future: Chevron Technology Ventures’ Investment Strategy
2024-04-09 - After a quarter century, Chevron Technology Ventures seeks both incremental and breakthrough technologies with its early-stage investment program.