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.
Momentum Minerals Operating LP has retained EnergyNet for the sale of a 375-well package in Cleburne and White counties in Arkansas. The Lot# 104076 includes 638.17 net mineral acres with six-month average net production of 124 MMcf/d operated by Flywheel Energy Production, Merit Energy Co. and Van Buren Energy Production.
Opportunity highlights:
- 638.17 Net Mineral Acres
- Royalty Interest in 375 Wells:
- Average ~0.18% RI
- 6-Month Average Net Income: $21,381/Month
- 6-Month Average 8/8ths Production: 74,341 MCFPD
- 6-Month Average Net Production: 124 MCFPD
- Operators:
- Flywheel Energy Production, LLC
- Merit Energy Company
- Van Buren Energy Production, LLC
- Further Subject to Documentary Stamp Fees
Bids are due at 1:50 p.m. CDT on Feb. 14. For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
Recommended Reading
Report: Leak Detection and Repair Work Growing Globally
2025-01-20 - Natural gas trends are boosting the companies that monitor and repair leaks, a consulting firm said in a report.
Oklo Signs MOU with RPower for Phased Power to Data Centers
2025-01-20 - Oklo and power generation company RPower will work together to provide a phased natural gas-to-emissions free approach to power data centers
US Drillers Cut Oil, Gas Rigs to Lowest Since December 2021, Baker Hughes Says
2025-01-17 - The oil and gas rig count fell by four to 580 in the week to Jan. 17.
Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM
2025-01-15 - Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-15 - Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
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.