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.
Overland Energy Partners Fund II, LLC (Overland) is offering for sale a 31 well package, including 9 permitted wells, in Weld County, Colorado. Lot# 105838 includes producing MI/RI in 40 wells, a current average 8/8ths production of 12,773 bbl/d and 49,693 mcf/d, a current average net production of 109 bbl/d and 381 mcf/d, and a 4-month average net income of $22,996 per month. Overland has retained EnergyNet as its exclusive advisor relating to the transaction.
Asset Highlights:
- Producing MI/RI in 40 Wells:
- Average 0.19% RI
- Includes 9 Approved Permitted Wells
- Current Average 8/8ths Production: 12,773 bbl/d and 49,693 mcf/d.
- Current Average Net Production: 109 bbl/d and 381 mcf/d.
- 4-Month Average Net Income: $22,996/Month
- Operators:
- Civitas Resources Inc
- PDC Energy Inc.
Bids for Lot# 105838 are due on June 6 at 2:55 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or
email Emily McGinley, Managing Director, at Emily.McGinley@energynet.com.
Recommended Reading
Western Haynesville Wildcats’ Output Up as Comstock Loosens Chokes
2024-09-19 - Comstock Resources reported this summer that it is gaining a better understanding of the formations’ pressure regime and how best to produce its “Waynesville” wells.
August Well Permits Rebound in August, led by the Permian Basin
2024-09-18 - Analysis by Evercore ISI shows approved well permits in the Permian Basin, Marcellus and Eagle Ford shales and the Bakken were up month-over-month and compared to 2023.
Kolibri Global Drills First Three SCOOP Wells in Tishomingo Field
2024-09-18 - Kolibri Global Energy reported drilling the three wells in an average 14 days, beating its estimated 20-day drilling schedule.
Permian Resources Closes $820MM Bolt-on of Oxy’s Delaware Assets
2024-09-17 - The Permian Resources acquisition includes about 29,500 net acres, 9,900 net royalty acres and average production of 15,000 boe/d from Occidental Petroleum’s assets in Reeves County, Texas.
Seadrill to Adopt Oil States’ Offshore MPD Technology
2024-09-17 - As part of their collaboration, Seadrill will be adopting Oil States International’s managed pressure drilling integrated riser joints in its offshore drilling operations.
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.