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.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of a three-well package located in Cameron Parish, La. The Lot# 102204 includes an operated interest in three wells and one SWD, plus approximately 473 net leasehold acres.
Highlights:
- Operated Working Interest in 3 Wells:
- Avg. ~62.17% WI / Avg. ~44.66% NRI (BPO)
- Operator: Samuel Gary Jr. & Associates Inc.
- 6-Month Average (May 2022 - October 2022)
- 8/8ths Production: 342 BOPD and 5,149 MCFPD
- Net Production: 116 BOPD and 2,350 MCFPD
- Net Income: $841,504/Month
- ~473.00 Net Leasehold Acres
- Operator Bond Required
Bids are due at 4:00 p.m. CDT on Feb. 9. For complete due diligence information on this property, please visit energynet.com or email Ethan House, managing director, at ethan.house@energynet.com.
Recommended Reading
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
2024-02-06 - SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.
Seadrill Awarded $97.5 Million in Drillship Contracts
2024-01-30 - Seadrill will also resume management services for its West Auriga drillship earlier than anticipated.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field
2024-02-27 - Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.