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.
Noble Energy Inc. retained EnergyNet for the sale of a package of producing assets located in various Texas counties through an auction closing April 30.
The package is comprised of overriding royalty interest (ORRI), royalty interest and non-producing royalty interest in 380 producing properties plus mineral acreage. Select operators include affiliates of Exxon Mobil Corp., Chesapeake Energy Corp. and Magnolia Oil & Gas Corp.
- ORRI in 286 Properties (Multiple Wells):
- 6.9803% to 0.000351% ORRI / 0.020554% Royalty Interest in the North Westbrook Unit
- 254 Producing Properties | 18 Non-Producing Properties | 14 Status Unknown
- Select Operators include Chesapeake Operating LLC, Hawkwood Energy Operating LLC, Magnolia Oil & Gas Operating LLC and XTO Energy Inc.
- Royalty Interest in 88 Properties (Multiple Wells):
- 3.270833% to 0.001631% Royalty Interest
- 73 Producing Properties | Seven Non-Producing Properties | Eight Status Unknown
- Select Operators include Atoka Operating Permian LLC, Rockcliff Energy Operating LLC, Scout Energy Management LLC and Sheridan Production Co. LLC
- Various Non-Participating Royalty Interests in 6,173.69 Gross Acres
- Current Average 8/8ths Production: 17,089 barrels per day of Oil and 24.009 million cubic feet per day of Gas
- Six-Month Average Net Cash Flow: $68,545 per Month
Bids are due by 2:25 p.m. CT April 30. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
2023-02-03 - Miniature quartz gauge measures reservoir conditions through cement in real time.
2023-01-06 - Bi-directional communications give operators more data about the downhole environment, allowing them to make better decisions in real-time.
2022-11-27 - U.S. oil rigs rose four to 627 this week, their highest since March 2020, while gas rigs fell two to 155, according to the weekly Baker Hughes rig count report.
2022-12-22 - According to Baker Hughes, the U.S. oil and gas rig count rose to 779 in the week ending Dec. 22.
2022-11-18 - Even though the U.S. rig count increased during most months over the past two years, weekly increases have averaged zero since the start of the pandemic in March 2020, helping keep oil production below record levels seen before the pandemic.