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.
Bone Spring Resources LLC retained EnergyNet for the sale of a Delaware Basin opportunity in the Permian sub-basin located Lea County, N.M., through a sealed-bid offering.
Property Highlights:
- 40.00 Gross / Net Non-Producing Leasehold Acres
- 100% of OGL's (Delivering 80.00% Net Revenue Interest)
- Acreage Expiring 08/03/2021 | Two-Year Option to Extend
- Two Permitted Horizontal Wells with BHL on Subject Acreage
- Parade WCB State Com #001H (Horizontal Wolfcamp)
- Parade WCXY State Com #001H (Horizontal Wolfcamp)
- Operator: OneEnergy Partners Operating LLC
- 15 Offset Rigs
- 397 Offset Permits (108 Horizontal Bone Spring | 213 Horizontal Wolfcamp | 50 Horizontal Wolfbone)
- 96 Active | Five Completed | 24 Drilled/Drilling | 272 Permitted
- 1,040 Active Offset Producers
- 126 Horizontal Bone Spring Wells
- 107 Horizontal Wolfcamp Wells
- 13 Horizontal Wolfbone Wells
- Area Operators include Ameredev Operating LLC, COG Operating LLC, EOG Resources Inc., Marathon Oil Permian LLC, Matador Production Co. and OneEnergy Partners Operating LLC
Bids are due by 4 p.m. CST Feb. 20. For information visit energynet.com or contact Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com.
Recommended Reading
CEO: Continental Adds Midland Basin Acreage, Explores Woodford, Barnett
2024-04-11 - Continental Resources is adding leases in Midland and Ector counties, Texas, as the private E&P hunts for drilling locations to explore. Continental is also testing deeper Barnett and Woodford intervals across its Permian footprint, CEO Doug Lawler said in an exclusive interview.
CNX, Appalachia Peers Defer Completions as NatGas Prices Languish
2024-04-25 - Henry Hub blues: CNX Resources and other Appalachia producers are slashing production and deferring well completions as natural gas spot prices hover near record lows.
Equinor Says EQT Asset Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.