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Garnet Energy Capital LLC as agent retained EnergyNet for the sale of a 2-well package (non-operated WI) in Lea County, New Mexico. The Lot #105210 has a 6-month average net production of 8 BOPD and 15 MCFPD. The operators are COG Operating LLC and Permian Resources Operating LLC.
- Non-Operated WI in the Wellbores of 2 Producing Wells:
- Baseball Cap Federal Com 603H: 4.42% WI / 3.44% NRI
- Duck Hunt 1 State Com 401H: 1.73% WI / 1.30% NRI
- 6-Month Average 8/8ths Production: 300 BOPD and 638 MCFPD
- 6-Month Average Net Production: 8 BOPD and 15 MCFPD
- 4-Month Average Net Cash Flow: $17,560/Month
- COG Operating, LLC
- Permian Resources Operating LLC
2023-09-12 - Woodside Energy is making a massive bet offshore Mexico at the large, high-quality conventional resource Trion development, checking key production, climate and financial boxes for both Mexico and partners Woodside and Petroleos Mexicanos.
2023-11-06 - From another postponement of the Gulf of Mexico’s Lease Sale 261 to new contract awards, below is a compilation of the latest headlines in the E&P space.
2023-09-11 - Here’s a roundup of the latest E&P headlines, including an update on the Anning and Somerville project offshore the U.K. and new contract awards.
2023-11-13 - Here’s a roundup of the latest E&P headlines, including a small but commercial discovery in the North Sea and new contract awards.
2023-09-18 - Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.