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.
An undisclosed company retained EnergyNet to offer for sale non-producing minerals subject to lease located in West Virginia’s Marshall County through an auction closing Aug. 18.
Highlights:
- 103.210 Gross (51.605 Net) Non-Producing Minerals Subject to Lease
- 16.00% Royalty Interest
- All Depths
- Two Offset Rigs
- 76 Offset Permits
- Five Active | 12 Completed | 25 Drilled/Drilling | 34 Permitted
- 174 Active Offset Producers
- Select Area Operators: Chevron U.S.A. Inc., Southwestern Energy and Tug Hill Operating LLC
- Seller Overview
- Marcellus and Utica Combo Well Pads Nearby with Proven Production
- Heaven Hill Unit 2-7HU: Average 15.104 MMcf/d for March 2020 from Utica
- Heaven Hill Unit 2W-10HM: Average 13.213 MMcf/d for August 2019 from Marcellus
- Marcellus Well Pads Nearby with Proven Production
- Yocum MSH 5H: Average 23.634 MMcf/d for September 2019
- Heaven Hill Unit 3-1HM: Average 10.535 MMcf/d for January 2020
- Marcellus and Utica Combo Well Pads Nearby with Proven Production
Bids are due by 3 p.m. CT Aug. 18. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
What's Affecting Oil Prices This Week? (April 15, 2024)
2024-04-15 - While concerns about the stability of oil supply are increasing, Stratas Advisors does not expect oil supply to be disrupted – unless there is further escalation in the Middle East.
Shipping Industry Urges UN to Protect Vessels After Iran Seizure
2024-04-19 - Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East.
What's Affecting Oil Prices This Week? (April 8, 2024)
2024-04-08 - Stratas Advisors says geopolitics are providing a boost for oil prices as conflicts escalate–and while crude oil and oil products continue to flow, the possibility of disruption is increasing.
What's Affecting Oil Prices This Week? (April 22, 2024)
2024-04-22 - Stratas Advisors predict that despite geopolitical tensions, the oil supply will not be disrupted, even with the U.S. House of Representatives inserting sanctions on Iran’s oil exports.
What's Affecting Oil Prices This Week? (March 11, 2024)
2024-03-11 - Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.