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.
Chevron U.S.A. Inc. retained EnergyNet for the sale of Eddy County, New Mexico, operations and HBP leasehold located within the Permian Basin through a sealed-bid offering.
Opportunity Highlights:
- Operations in the Old Indian Draw Unit
- 69.545041% WI / 59.326787% NRI
- Four Producing Wells | Six Water Injection Wells
- Producing from Cherry Canyon Formation
- 823.39 Gross (605.67 Net) HBP Leasehold Acres
- July EBITDAX: $84,876
- July 8/8ths Production: 92 bbl/d of oil
- July Net Production: 54 bbl/d of oil
Bids are due for the sealed-bid property, Lot #95380, at 4 p.m. CDT on Sept. 27. For complete due diligence information visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
Recommended Reading
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
2024-04-09 - Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.
Orange Basin Serves Up More Light Oil
2024-03-15 - Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.
E&P Highlights: March 4, 2024
2024-03-04 - Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
Sangomar FPSO Arrives Offshore Senegal
2024-02-13 - Woodside’s Sangomar Field on track to start production in mid-2024.