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.
SWEPI LP retained EnergyNet for the sale of non-producing New Mexico leasehold in an auction closing Dec. 4.
The offering by the Royal Dutch Shell Plc affiliate includes about 139,000 net acres of exploratory acreage for the Pennsylvanian tight gas sand formation in Quay and Curry counties, N.M.
Highlights:
- 139,157.322 Net Non-Producing Leasehold Acres
- 100% Gross Working Interest (Delivering 87.50% to 81.25% Net Revenue Interests)
- 100% Undeveloped Acreage
- All Depths
- Acreage Exploratory for Pennsylvanian Tight Gas Sand
- Expiration Schedule:
- Fourth-quarter 2019: 57,722.67 Net Acres
- 2020:
- First quarter: 51,569.16 Net Acres
- Second quarter: 10,356.32 Net Acres
- Third quarter: 7,485.30 Net Acres
- Fourth quarter: 5,246.25 Net Acres
- 2021:
- First quarter: 5,858.71 Net Acres
- Second quarter: 918.92 Net Acres
Bids are due by 3:10 p.m. CST Dec. 4. 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, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Diversified Energy Acquires Ohio-based Nick’s Well Plugging
2022-05-17 - With its investment in Ohio-based Nick’s Well Plugging, Diversified Energy says it is well-positioned to meet or exceed its stated commitment to retire at least 200 of its wells per year across Appalachia by 2023.
Deepwater Completions: Impact on Gulf of Mexico Lower Tertiary Production
2022-04-28 - Here’s a look at the impact Halliburton’s ESTMZ system has had on the way that completions are performed and a new system that specifically addresses the increasing demands of the Gulf of Mexico Lower Tertiary.
E&P Tech Spotlight: Getting Clear Visuals for Well Reservoirs
2022-03-21 - Schlumberger’s reservoir mapping-while-drilling services can be used to give operators clearer visuals into their wells and the challenges that befall them.
Subsurface CO2 Storage: Building on Success
2022-03-21 - Projeo’s projects and initiatives demonstrate CCS technology at real-world, commercial-scale facilities for ammonia production, ethanol production and coal-fired power generation.
Oxy Plans $1 Billion Direct Air Capture Hub for Permian Basin
2022-03-24 - U.S. oil producer Occidental Petroleum is looking to develop 35 DAC facilities around the world by 2035 starting with an initial hub located in the Permian Basin.