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.
Raisa II LLC retained EnergyNet for the sale of Wolfcamp Shale assets within the Permian Basin through an auction closing Aug. 28.
The offering includes non operated working interest in two wells operated by PDC Energy Inc. plus HBP leasehold acreage located in Reeves County, Texas.
Highlights:
- Nonoperated Working Interest in Two Proved Developed Producing Well Package (PDC Energy Inc. Operated):
- 7.455208% Working Interest / 5.591406% NRI
- 53.60 Net HBP Leasehold Acres (All Future Upside and Depths Included)
- Six-Month Average 8/8ths Production: 463 barrels per day of Oil and 4.966 million cubic feet per day of Gas
- Three-Month Average Net Cash Flow: $33,898 per Month
Raise II is an affiliate of Raisa Energy, an independent exploration and production company based in Denver.
Bids are due by 2 p.m. CDT Aug. 28. For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Defeating the ‘Four Horsemen’ of Flow Assurance
2024-04-18 - Service companies combine processes and techniques to mitigate the impact of paraffin, asphaltenes, hydrates and scale on production—and keep the cash flowing.
Tech Trends: AI Increasing Data Center Demand for Energy
2024-04-16 - In this month’s Tech Trends, new technologies equipped with artificial intelligence take the forefront, as they assist with safety and seismic fault detection. Also, independent contractor Stena Drilling begins upgrades for their Evolution drillship.
AVEVA: Immersive Tech, Augmented Reality and What’s New in the Cloud
2024-04-15 - Rob McGreevy, AVEVA’s chief product officer, talks about technology advancements that give employees on the job training without any of the risks.
Lift-off: How AI is Boosting Field and Employee Productivity
2024-04-12 - From data extraction to well optimization, the oil and gas industry embraces AI.
AI Poised to Break Out of its Oilfield Niche
2024-04-11 - At the AI in Oil & Gas Conference in Houston, experts talked up the benefits artificial intelligence can provide to the downstream, midstream and upstream sectors, while assuring the audience humans will still run the show.