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.
Clay Petroleum retained the Oil & Gas Asset Clearinghouse LLC to market an operated working interest package in the Texas Panhandle. The offering includes 61 gas wells in Gray and Sherman counties, Texas.
Highlights:
- Operating working interest in 61 gas wells in Gray and Sherman counties, Texas
- Producing from the Granite Wash and Brown Dolomite formations
- Operated by Clay Petroleum
- 9,712 gross (9,616 net) acres
- 352 gross (295 net) average daily gas production
- $8,935 per month average net cash flow (last 14 months)
Bids are due by June 25. An electronic data room is available.
For information visit ogclearinghouse.com or contact Matt Stowers at Matt@ogclearinghouse.com or 832-601-7657.
Recommended Reading
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Quantum’s Wil VanLoh on Turning ESG into E$G
2024-05-21 - Wil VanLoh, founder and CEO of Quantum Energy Partners said private companies need to change their mindset on ESG because they’re building a product to sell to public companies — and may be missing out on cost savings.
Halliburton Sees NAM Activity Rebound in ‘25 After M&A Dust Settles
2024-07-19 - Halliburton said a softer North American market was affected by E&Ps integrating assets from recent M&A as the company continues to see international markets boosting the company’s bottom line.
Offshore, Middle East Buoys SLB’s 2Q as US Land Revenue Falls
2024-07-19 - Driven by a strong offshore market and bolstered by strategic acquisitions and digital innovation, SLB saw a robust second quarter offset by lower drilling revenue in the U.S.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.