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.
Braxton Minerals III LLC is selling its royalty interests (producing minerals) and non-participating royalty interests in one hundred plus (100+) wells, plus non-producing minerals, all located in Doddridge, Marshall, Ritchie, Tyler and Wetzel Counties, West Virginia and Greene County, Pennsylvania.
Property Highlights:
- Producing MI/RI and Non-Participating Royalty Interests in 100+ Hz Wells
- 0.002211% to 3.708296% RI
- 0.0011% to 1.117149% NPRI
- 102 Producing Wells | 1 Non-Producing Well
- 559.00 Net Mineral Acres
- 8.00 Net Mineral Acres - Unsigned Division Orders
- 1,131.00 Net Mineral Acres Unknown Status
- Seller Doesn't Have Access to Status Due to WV Updating Production Annually and Pay Being in Suspense
- Current Average 8/8ths Production: 545,980 MCFPD and 2,832 BOPD
- Operator: Antero Resources Corp.
This is a sealed-bid offering. Bids end on March 1st, 2018 at 4:00 PM Central. For complete due diligence information, please visit energynet.com or contact Denna Arias by phone at 281-949-8463, or by email at Denna.Arias@energynet.com. Submit sealed bid offers via email to Ethan House, VP Business Development, at Ethan.House@energynet.com.
Recommended Reading
US Oil, Gas Rig Count Falls to Lowest Since January 2022
2024-05-03 - The oil and gas rig count, an early indicator of future output, fell by eight to 605 in the week to May 3, in the biggest weekly decline since September 2023.
Pemex Reports Lower 2Q Production and Net Income
2024-05-03 - Mexico’s Pemex reported both lower oil and gas production and a 91% drop in net income in first-quarter 2024, but the company also reduced its total debt to $101.5 billion, executives said during an earnings webcast with analysts.
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
2024-05-02 - With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
2024-05-02 - Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.
SilverBow Makes Horseshoe Lateral in Austin Chalk
2024-05-01 - SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.