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.
Pioneer Natural Resources has retained EnergyNet for the sale of a 26 well package plus 6,456.03 net HBP in Crockett and Reagan counties, Texas. The Lot #94611 package includes four horizontal Wolfcamp producers.
Opportunity highlights:
- 25 PDP wells averaging 96 boed net for most recent twelve months
-
- Four horizontal Wolfcamp producers
- 21 vertical producers
- One active SWD injector
- Current production is 59% oil weighted
- Next 12 months PDP net free cash flow estimated at $0.6 MM
- Approximately 6,400 net acres with high average working interest
- Most leases cover all depths
- 100% held by production or Development Agreement
- Contiguous acreage position enhances drilling economics through long-lateral development
- Opportunity to enhance well productivity through application of modern completion technology
Bids are due Dec. 14 at 4:00 p.m. CST. For complete due diligence, please visit indigo.energynet.com or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
Recommended Reading
Brookfield Targets More Renewable Power Growth Opportunities
2024-09-11 - Brookfield Asset Management agreed to invest up to $1.1 billion in efuels producer Infinium as it seeks additional growth opportunities.
Energy Transition in Motion (Week of Sept. 6, 2024)
2024-09-06 - Here is a look at some of this week’s renewable energy news, including $7.3 billion in clean energy funding for rural Americans.
The New Wildcatters: Geothermal Developers on the Hunt for Heat
2024-07-01 - The U.S. is poised for a geothermal boom using existing oil and gas technology. Does the industry have what it needs to scale?
BP Takes FID on Hydrogen Project, Says More to Come
2024-07-30 - BP said it may invest in five to 10 hydrogen projects this decade.
Getting to the Core: The Know-how of Geomechanics to Capture Geothermal
2024-08-21 - Understanding the behavior and geomechanics of fracture-dominated reservoirs is a must for developing geothermal assets.
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.