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.

EnergyNet has been retained by Michael E. Shelton to assist with the sale of a salt dome storage site located in Wharton County, Texas, through a sealed-bid offering closing July 15.

Highlights:

  • Two Contiguous Tracts in the Northwest Quadrant of the Boling Salt Dome:
    • First Tract is 100.09 Acres with 100% Ownership in Surface and Minerals
    • Second Tract is 109.032 Acres with 100% Ownership in Surface and Portion of Interest in Minerals
  • Largest Onshore Salt Dome in the Continental U.S.
  • Both 3D And 2D Seismic Prove that there are No Overhangs or Anomalies that Would Prevent its Use For Storage
  • Top Of Caprock is at 383 ft on Average and Top Of Salt at a Depth of 975 ft, Extending to a Depth of at least 30,000 ft
  • Nearby Gas Storage Facility Operating for over 30 Years Proves the Strength and Stability of the Dome
Marketed: Texas Salt Dome Storage Site in Wharton County

Bids are due by 4 p.m. CT July 15. The effective date of sale will be July 1.

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, vice president of corporate development, at Denna.Arias@energynet.com.

Onshore