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.
LOGOS Resources II LLC retained EnergyNet for the sale of San Juan Basin assets in an auction closing Dec. 12.
The offering includes overriding royalty interest (ORRI) in a 13 well package located in San Juan and Rio Arriba counties, N.M.
- 3.052085% to 2.50% ORRI in 13 Producing Wells (Multiple Producing Formations)
- Some Properties are Depth Limited and Wellbore Only
- 12-Month Average Net Income: $90,697 per Month
- Six-Month Average 8/8ths Production: 1,780 barrels per day of Oil and 3.493 million cubic feet per day of Gas
- Operator: LOGOS Operating, LLC
- 50.66 Net Royalty Acres
Bids are due at 2 p.m. CST Dec. 12. For complete due diligence information visit energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
2022-11-30 - The Pennsylvania attorney general charged Coterra Energy in 2020 after a grand jury investigation showed that drilling unconventional gas wells by the company had been responsible for methane pollution in the local water supply.
2022-11-30 - Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.
2022-11-30 - Today's featured Forty Under 40 honoree is Ashley Gilmore, who serves as CEO of Tracts based in Fort Worth, Texas.
2022-11-29 - CCUS has the potential to decarbonize 45% of remaining emissions from carbon-intensive industries, according to McKinsey & Co. research, but achieving that level of reduction is mission impossible with the current level of investment.
2022-11-29 - Long-delayed natural gas pipeline’s costs to exceed current $7 billion estimate, company says.