BP Plc, BP America Producing Co, The Oil Gas Asset Clearinghouse, Anadarko Basin, sale, marketed, on the market, oil, natural gas, Oklahoma, Texas Panhandle, Beckham County, Dewey County, Roger Mills County, Washit County, Hemphill County, Lipscomb County

BP Plc (NYSE: BP) is offering operated assets for sale in the Anadarko Basin in western Oklahoma and the Texas Panhandle.

The offer includes producing wells and behind-pipe opportunities. The assets are located in Beckham, Dewey, Roger Mills and Washita counties, Okla., and Hemphill, Lipscomb, Ochiltree and Roberts counties, Texas.

BP America Production Co., a subsidiary of the London-based company, retained The Oil & Gas Asset Clearinghouse to handle the sale.

Highlights:

  • 49 operated producing wells;
  • 31 behind-pipe opportunities;
    • Net 10 billion cubic feet, 909 thousand barrels (Mbbl) of oil and 846 Mbbl of NGL;
  • Major producing formations include, but are not limited to, the Cherokee, Cleveland, Granite Wash, Morrow and Red Fork; and
  • Offset operators include Anadarko Petroleum Corp. (NYSE: APC), Apache Corp. (NYSE: APA), EOG Resources Inc. (NYSE: EOG) and Mewbourne Oil Co.

Bids are due by Oct. 12. The sale is expected to have an Oct. 1 effective date.

For information visit ogclearinghouse.com or contact Denna Arias, vice president of business development with Clearinghouse, at 832-601-7605.