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
As Oil Production Scales the Heights, Texas E&P Jobs Disappear —TXOGA
2024-08-06 - As operational efficiencies give E&Ps the ability to produce more oil with fewer rigs, Texas employment in the oil patch has fallen five out of the first six months of 2024.
US Rig Count Makes Biggest Monthly Jump Since November 2022
2024-07-26 - The oil and gas rig count, an early indicator of future output, rose by three to 589 in the week to July 26.
US Drillers Cut Oil, Gas Rigs for First Time in Three weeks
2024-08-02 - The oil and gas rig count, an early indicator of future output, fell by three to 586 in the week to Aug. 2. Baker Hughes said that puts the total rig count down 73, or 11%, below this time last year.
Avant Natural Resources Steps Out with North Delaware Avalon Tests
2024-08-21 - With the core of the Delaware Basin in full manufacturing mode, Avant Natural Resources is pushing an operated portfolio into the northern reaches of the New Mexico Delaware.
Permian Basin Coalition Highlights Philanthropic Investments
2024-07-23 - Since 2019, the Permian Strategic Partnership has doubled its membership and used philanthropic investments to generate more than $1.5 billion in community support and collaborative investment.
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.