Bone Spring Resources LLC

Transaction Type
Marketers
Basin
Permian Basin; Delaware Basin
Post Date
Close Date
Estimated Price
MM
Description

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.

Bone Spring Resources LLC retained EnergyNet for the sale of a Delaware Basin opportunity in the Permian sub-basin located Lea County, N.M., through a sealed-bid offering.

Property Highlights:

  • 40.00 Gross / Net Non-Producing Leasehold Acres
    • 100% of OGL's (Delivering 80.00% Net Revenue Interest)
    • Acreage Expiring 08/03/2021 | Two-Year Option to Extend
  • Two Permitted Horizontal Wells with BHL on Subject Acreage
    • Parade WCB State Com #001H (Horizontal Wolfcamp)
    • Parade WCXY State Com #001H (Horizontal Wolfcamp)
    • Operator: OneEnergy Partners Operating LLC
  • 15 Offset Rigs
  • 397 Offset Permits (108 Horizontal Bone Spring | 213 Horizontal Wolfcamp | 50 Horizontal Wolfbone)
    • 96 Active | Five Completed | 24 Drilled/Drilling | 272 Permitted
  • 1,040 Active Offset Producers
    • 126 Horizontal Bone Spring Wells
    • 107 Horizontal Wolfcamp Wells
    • 13 Horizontal Wolfbone Wells
  • Area Operators include Ameredev Operating LLC, COG Operating LLC, EOG Resources Inc., Marathon Oil Permian LLC, Matador Production Co. and OneEnergy Partners Operating LLC

Bids are due by 4 p.m. CST Feb. 20. For information visit energynet.com or contact Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com.