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.

Ring Energy Inc. retained EnergyNet for the sale of certain Permian Basin assets located in Culberson and Reeves counties, Texas. The Lot# 104107 package includes 142 wells plus 100% HBP leasehold, including mineral and surface fee acreage.

Opportunity highlights:

  • Operated Working Interest in 142 Wells:
    • Avg. ~98% WI / Avg. ~75% NRI
  • Injection/Disposal Permitted Capacity
    • Active SWD Wells (4) - 65,000 BWPD
    • Active WF Injection Wells (2) - 6,000 BWPD
    • Inactive SWD Wells (2) - 45,000 BWPD
    • SWD Drilled but not Completed (3) - 45,000 BWPD
  • 12-Month Average (December 2021 - November 2022)
    • Net Production: 230 BOPD, 302 MCFPD, and 9 BNPD
    • Net Income: $294,671/Month
  • 18,437 Net Acres Including 1,519 Net Mineral Acres Along with an Additional 1,340 Surface Fee Acres
  • Operator Bond Required
104107

Bids are due at 4:00 p.m. CDT on March 2. 

For complete due diligence information, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.