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.
Marshfield Oil & Gas LLC retained EnergyNet for the sale of a Permian Basin opportunity in Upton County, Texas, through a sealed-bid offering closing Nov. 18.
The offering consists of non operated working interest in a six-well package plus HBP leasehold acreage. The assets are operated by Apache Corp.
Highlights:
- Click here to view Executive Summary
- 49.00% to 2.450% Working Interest / 36.75% to 1.8375% Net Revenue Interest (Before Payout) in Six Producing Wells
- 216 Potential Drilling Locations
- August 2020 Net Income: $58,753
- Six-Month Average 8/8ths Production: 240 bbl/d of Oil and 701,000 cf/d of Gas
- Operator: Apache Corp.
- 5,417.90 Gross / 2,654.771 Net HBP Leasehold Acres
Bids are due by 4 p.m. CT Nov. 18. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
2024-02-05 - The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
E&P Highlights: Feb. 5, 2024
2024-02-05 - Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
2024-02-05 - CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
2024-02-09 - Despite this week's rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year.