The following information is provided by Schrader Real Estate and Auction Co. All inquiries on the following listings should be directed to Schrader Real Estate and Auction. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Multiple packages of producing minerals in the Scoop generating a cash flow of nearly $150,000 per month plus a surface tract are for sale in Oklahoma through a sealed-bid auction conducted by Schrader Real Estate and Auction Co.
The offer includes a portfolio of producing mineral interests in Oklahoma's Scoop oil window in Garvin, McClain and Grady counties with additional mineral interest in Roger Mills County, Okla. The six-month average cash flow for the assets is $148,841 per month. Select operators include Newfield Mid-Continent, Sheridan Production Co., Jones Energy, Apache Corp., Casillas Operating and Chaparral Energy.
In addition to the portfolio of mineral interests, also being offered is a productive Rush Creek Bottomland farm in Garvin County, Okla., which consists of about 233 acres, near the community of Purdy, Okla.
Bidders will have the option to acquire mineral interest properties, surface tract or to combine a the farmland property with actively producing minerals.
Bids are due by 11:59 p.m. CDT May 24. For information contact Brent Wellings, Schrader auction agent, at 972-768-5165 or visit SchraderAuction.com.
Recommended Reading
US NatGas Futures Hit Over 2-week Low on Lower Demand View
2024-04-15 - U.S. natural gas futures fell about 2% to a more than two-week low on April 15, weighed down by lower demand forecasts for this week than previously expected.
Darbonne: Brownsville, We Have LNG Liftoff
2024-04-02 - The world’s attention is on the far south Texas Gulf Coast, watching Starship liftoffs while waiting for new and secure LNG supply.
US Natgas Prices Hit 5-week High on Rising Feedgas to Freeport LNG, Output Drop
2024-04-10 - U.S. natural gas futures climbed to a five-week high on April 10 on an increase in feedgas to the Freeport LNG export plant and a drop in output as pipeline maintenance trapped gas in Texas.
US NatGas Flows to Freeport LNG Export Plant Drop Near Zero
2024-04-11 - The startup and shutdown of Freeport has in the past had a major impact on U.S. and European gas prices.
Enterprise Increasing Permian NatGas Production
2024-04-03 - Enterprise Products Partners began service on two natural gas plants: the Leonidas in the Midland Basin and the Mentone 3 in the Delaware Basin, each with a capacity to process 300 MMcf/d of natural gas and 40,000 bbl/d of NGLs.