The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
The Oil & Gas Asset Clearinghouse LLC is partnering with a private seller to market a royalty interest package in the Eagle Ford Shale that includes eight wells operated by Devon Energy Corp. in DeWitt County, Texas.
Highlights:
- 0.55% Royalty Interest in Eight horizontal wells in DeWitt County, Texas
- 16.48 net acres / 28.53 net royalty acres total acres
- 10 bbl/d of Oil / 96,000 cubic feet per day of Gas Average daily net production
- $28,298 per month estimated average net cash flow (last six months)
- Operated by Devon Energy and producing from the Eagle Ford
Bids are due July 16. An electronic data room is available.
For information visit ogclearinghouse.com or contact Matt Stowers at Matt@ogclearinghouse.com or 832-601-7657.
Recommended Reading
Aethon’s Far Western Haynesville: Three Wells, 17.5 Bcf and Still Roaring
2024-02-05 - Aethon’s wells show no signs of flatlining—and neither are Comstock Resources’ tests, one of which has already reached nearly 50% of its previously estimated EUR.
Chevron's Duvernay Sale Seen Attracting Mid-sized Canadian Shale Operators
2024-01-25 - As Chevron Corp. markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms looking to capitalize on the region.
CEO Darren Woods: What’s Driving Permian M&A for Exxon, Other E&Ps
2024-03-18 - Since acquiring XTO for $36 billion in 2010, Exxon Mobil has gotten better at drilling unconventional shale plays. But it needed Pioneer’s high-quality acreage to keep running in the Permian Basin, CEO Darren Woods said at CERAWeek by S&P Global.
Production from Canada’s Montney, Duvernay Gains Momentum
2024-01-05 - The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.
Analyst: Chevron Duvernay Shale Assets May Sell in $900MM Range
2024-01-29 - E&Ps are turning north toward Canadian shale plays as Lower 48 M&A opportunities shrink, and Chevron aims to monetize its footprint in Alberta’s Duvernay play.