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.
TRE Investments LLC retained EnergyNet for the sale of Permian Basin operations in West Texas through an auction closing Aug. 28.
The offering includes 100% operated working interest in a 38-well package located in Mitchell County, Texas.
Highlights:
- Operating Working Interest in 38 Wells:
- 100.00% Working Interest / 82.80% to 54.439% Net Revenue Interest
- 32 Producing Wells | Three Active Injection Wells | Three Non-Producing Wells
- Six-Month Average 8/8ths Production: 19 barrels per day (bbl/d) of Oil
- 2018 Average 8/8th Production: 28 bbl/d of Oil (provided by Seller)
- Operator: Tom Rasmussen

Bids are due by 1:35 p.m. CDT Aug. 28. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Machine Learning Expands Subsurface Knowledge from Permian to Offshore Vietnam
2023-04-06 - Ikon Science's seismic reservoir characterization technology uses machine learning to understand and predict subsurface properties from the Permian to offshore Vietnam.
2023 E&P Meritorious Awards for Engineering Innovation
2023-04-13 - Hart Energy’s Meritorious Awards for Engineering Innovation recognizes 17 technologies for engineering excellence in the upstream petroleum industry and highlights new products and technologies that demonstrate innovation in concept, design and application.
E&P Highlights: June 5, 2023
2023-06-05 - Here’s a roundup of the latest E&P headlines in the upstream oil and gas industry, including wells offshore Congo beginning production and approval for a North Sea field development.
Southwestern’s Haynesville Chief on M&A, Gulf Coast Advantages and RSG [WATCH]
2023-03-30 - Andy Huggins, senior vice president of the Haynesville division at Southwestern Energy Co. discusses M&A, how the company’s Appalachia and Haynesville assets complement each other and efforts to certify its natural gas as responsibly sourced, particularly for utilities and end-users in Europe.
Public, Private E&Ps Split on Permian Basin Drilling Strategies
2023-03-29 - The Permian led the nation in drilling rig activity in the past year, with data showing much of that growth coming from large, public upstream operators as private companies such as CrownQuest Operating, Iskandia Energy and Mack Energy have downshifted.