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 Oil & Gas Asset Clearinghouse LLC is partnering with Sawtooth Operating Co. Inc. to market an operated working package that includes 58 wells in Chambers, Galveston and Brazoria counties, Texas.
Highlights:
- Operated working interest in 58 wells in Chambers, Galveston and Brazoria County, Texas
- 100% Working Interest / 75% Net Revenue Interest average ownership
- Operated by Sawtooth Operating
- 7,075 net acres (all HBP)
- Producing out of the SeaBreeze, Nodosaria, Frio and Big Gas formations
- 120 gross / 90 net bbl/d average daily oil production
- 146 gross / 109 net Mcf/d average daily gas production
- $47,331 per month average net cash flow
- $2.16 million PDP PV-10 / $1.74 million PDNP PV-10
Bids are due Feb. 11. An electronic data room is available. The transaction is expected to have a Feb. 1 effective date.
For information visit ogclearinghouse.com or contact Tony Schluck at tschluck@ogclearinghouse.com or 972-716-3985.
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