Marketed: Apache Nonop Package Offshore Louisiana, Texas

Transaction Type
Sellers
Marketers
Basin
US Gulf Of Mexico
Announce Date
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.

Apache Corp. retained EnergyNet for the sale of a package of assets in the U.S. Gulf of Mexico through a sealed-bid offering closing Sept. 12.

The offering comprises nonoperated working interest in 65 wells offshore Louisiana and Texas. Operators include Fieldwood Energy LLC and Peregrine Oil & Gas LP.

Highlights:

  • 7.08333% to 6.28698% Working Interest / 5.90278% to 5.23915% Net Revenue Interest in 65 Offshore Wells:
    • 14 Producers | 20 Non-Producing Wells | One Shut-In Well
    • 23 Temporarily Abandoned Wells | Seven Plugged and Abandoned Wells
  • Six-Month Average 8/8ths Production: 553 barrels per day of Oil and 1.312 million cubic feet per day of Gas
  • Six-Month Average Net Income: $40,185 per Month

Bids are due by 4 p.m. CDT Sept. 12. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.

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