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.
A private seller retained the Oil & Gas Asset Clearinghouse LLC for the sale of a package of East Texas properties.
The offer includes overriding royalty interest (ORRI), working interest and leasehold in 24 producing wells and one saltwater disposal well located in Jasper and Hardin counties, Texas.
- 3%-4% ORRI in 24 producing wells
- Producing from the Miocene Sands and Yegua reservoir
- Includes 89.5 gross acres
- $13,000 per month net cash flow
Bids are due Feb. 6. Data room is open.
January 2020: Middle Bakken Discovery Produces 10.635 Mbbl Of Oil, 25.6 MMcf Of Gas Per Day
As activity in the Vaca Muerta Shale continues, oil and gas operators should consider managed pressure drilling for all wells.
New-generation downhole motor delivers increased horsepower, torque and durability to drill the curve and lateral in one run and drill extended-lateral sections.