The following information is provided by Anderson King Energy. All inquiries on the following listings should be directed to Anderson King Energy. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Scout Energy Partners retained Anderson King Energy as its exclusive adviser in connection with the sale of certain Texas conventional operated assets.
The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. These mature, low-decline (~5%) assets have net production of 2,650 boe/d and net cash flow of $1.6 million per month.
PDP reserves are 14.1 million boe and $75.2 million PV-10. The 1,120 active operated producers are shallow (~2,500 ft) with low LOE ($13.40/boe) and excellent value diversification, according to Anderson King Energy.
Upside includes 18.4 million boe and $138 million PV-10. The diverse upside inventory includes expansion of an existing steamflood, new waterflood and CO2 flood potential, workovers, refracs, recompletions and new drills.
The assets also include significant infrastructure with over 500 miles of a 100% owned/operated gathering system and 50% ownership in a 23 MMscf/d cryogenic expander plant.
2022-08-10 - Smart contract network provider Data Gumbo expands the reinvention of the finance ecosystem through IIoT data and state-of-the-art digital ledger technology.
2022-08-09 - Comstock Resources reported it saved between $12,000 to $20,000 pre fracking stage since switching to natural gas-powered frac equipment.
2022-06-23 - The Pennsylvania Public Utility Commission (PUC), which has been collecting fees from gas wells and distributing them to local governments, said it has collected and distributed over $2.2 billion to Pennsylvania communities.
2022-06-27 - "A significant rise in the price of oil and gas, among other things as a result of the war in Ukraine, explains much of the increase," the ministry said.
2022-06-21 - Since the start of the pandemic, companies that buy solar panels for large power plants have struggled with global supply chain disruptions that have driven up costs, as well as potential U.S. tariffs on imported panels from Asia.