The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
The J.R. Collins Trust retained the Oil & Gas Asset Clearinghouse LLC for the sale of a Permian Basin mineral interest package with bids due Oct. 10.
The offering includes roughly 11,500 gross acres with royalty interests in 12 wells located in Winkler County, Texas. Operators include Apache Corp. and CrownQuest Operating LLC.
Highlights:
- Royalty Interest in 12 proved developed producing wells
- 11,515 gross (624 net) acres
- 19 Wolfcamp and two San Andres active permits in 10-mile radius
- 10 Wolfcamp active producers within five-mile radius
- Average Net Revenue $500 per month (last six months)
- Producing formations include Fusselman, Wolfcamp, Devonian, Ellenburger
For information visit ogclearinghouse.com or contact Matt DaPra, manager of business development for Clearinghouse, at mdapra@ogclearinghouse.com or 713-277-7923.
Recommended Reading
Seadrill to Adopt Oil States’ Offshore MPD Technology
2024-09-17 - As part of their collaboration, Seadrill will be adopting Oil States International’s managed pressure drilling integrated riser joints in its offshore drilling operations.
Permian Resources Closes $820MM Bolt-on of Oxy’s Delaware Assets
2024-09-17 - The Permian Resources acquisition includes about 29,500 net acres, 9,900 net royalty acres and average production of 15,000 boe/d from Occidental Petroleum’s assets in Reeves County, Texas.
VAALCO Reports Increased Reserves After Svenska Deal
2024-07-16 - VAALCO acquired Swedish E&P Svenska’s 27.39% non-operated working interest in the deepwater Baobab Field in Block CI-40, offshore Côte d’Ivoire.
Quantum Backs Tug Hill Team in New E&P Vickery Energy
2024-09-24 - Quantum Capital Group is backing the executives behind Tug Hill, which sold to EQT Corp. for $5.2 billion, in a new Appalachian Basin company Vickery Energy Partners.
Southeast Asia NatGas Projects Could Unlock $100B Boom- Rystad
2024-07-17 - Southeast Asia's offshore gas industry is set for a $100 billion boom by 2028, driven by a flurry of final investment decisions by oil and gas majors and national oil companies, according to Rystad Energy.