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.
Affiliates of Overland Oil & Gas LLC retained EnergyNet for the sale of two Bakken and Three Forks asset packages in Mountrail County, N.D.
The packages include royalty interests and producing minerals in horizontal wells operated by Oasis Petroleum Inc. and Hess Corp. Based on information provided by Overland, the net income of each package averaged more than $80,000 per month over the past two-month period.
For complete due diligence information energynet.com or email Ryan P. Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com.
Property Highlights for lot 54970:
EnergyNet has been retained by Overland Energy Partners Fund I LLC to offer for sale their 24 Well Package (Producing Mineral Interest/Royalty Interest) located in Mountrail County, N.D.
- This lot contains various royalty interests (producing minerals) in 24 horizontal wells located in Mountrail County, N.D. Operated by Oasis Petroleum North America LLC and Hess Bakken Investments II LLC of Houston.
- Combined, these wells are currently producing an average of about 17,287 barrels per day (bbl/d) of oil and 16.360 million cubic feet per day (MMcf/d) of gas. The Berry 5493 44-7 13B has been drilled but is not yet producing.
- Based on information provided by Seller, the interests being sold in this lot have had an average net income of about $84,277.42/month over the past two-month period.
Bids for lot 54970 close at 3:10 p.m. CST Feb. 5.
Property Highlights for lot 54971:
EnergyNet has been retained by Overland Energy Partners Fund II LLC to offer for sale their 13 Well Package (Producing Mineral Interest/Royalty Interest) located in Mountrail County, N.D.
- This lot contains various royalty interests (producing minerals) in 13 horizontal wells located in Mountrail County, N.D. Operated by Oasis Petroleum North America LLC of Houston.
- Combined, these wells are currently producing an average of about 8,963 bbl/d of oil and 7.884 MMcf/d of gas. The Berry 5493 44-7 13B has been drilled but is not yet producing.
- Based on information provided by Seller, the interests being sold in this lot have had an average net income of about $83,771.47/month over the past two-month period.
Bids for lot 54971 close at 3:05 p.m. CST Feb. 7.
Recommended Reading
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
NAPE: Turning Orphan Wells From a Hot Mess Into a Hot Opportunity
2024-02-09 - Certain orphaned wells across the U.S. could be plugged to earn carbon credits.
Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest
2024-03-04 - Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
2024-03-26 - Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
The OGInterview: How do Woodside's Growth Projects Fit into its Portfolio?
2024-04-01 - Woodside Energy CEO Meg O'Neill discusses the company's current growth projects across the globe and the impact they will have on the company's future with Hart Energy's Pietro Pitts.