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.
Excess Energy has retained EnergyNet for the sale of a Austin Chalk and Eagle Ford Shale, 207 well package in La Salle and Webb counties, Texas. The lot# 115862 package includes a four-month average net income of $50, 856 per month.
Opportunity Highlights:
- 679.70 Net Mineral Acres
- Royalty Interest in 196 Wells:
- Avg RI ~0.25%
- An Additional ORRI in 19 Wells
- Overriding Royalty Interest in 11 Wells:
- Avg ORRI ~0.34%
- Nine DUCs & 18 Permits
- Four-Month Average Net Income: $50,856/Month
- Six-Month Average 8/8ths Production: 141,262 MCFPD and 7,855 BOPD
- Six-Month Average 8/8ths Production: 427 MCFPD and 12 BOPD
- Select Operators:
- EOG Resources, Inc.
- Escondido Resources Oper Co, LLC
- INEOS Usa Oil & Gas LLC
- Lewis Petro Properties, Inc.
Bids are due June 6 at 4 p.m. CDT. For complete due diligence, please visit energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
Recommended Reading
DNO Makes Another Norwegian North Sea Discovery
2024-12-17 - DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
Wildcatting is Back: The New Lower 48 Oil Plays
2024-12-15 - Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.
DNO Discovers Oil in New Play Offshore Norway
2024-12-02 - DNO ASA estimated gross recoverable resources in the range of 27 MMboe to 57 MMboe.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week
2024-12-20 - U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.