Marketed: Midland Basin Minerals In Upton County, Texas

Transaction Type
Basin
Permian Basin/Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

The following information is provided by Meagher Energy Advisors. All inquiries on the following listings should be directed to Meagher. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

National Multiple Sclerosis Society retained Meagher Energy Advisors for the sale of Midland Basin minerals in Upton County, Texas.

Highlights:

  • 192 net acres in northeast Upton County, Texas
  • Prolific Tier 1 Wolfcamp and Spraberry wells
  • Nine producing and three drilled uncompleted Horizontal Wells
  • Additional 14 Wolfcamp A Proved Undeveloped Wells (PUDs), eight Wolfcamp B PUDs and 14 Spraberry locations
  • Over 1 million barrel of oil equivalent wells common in this area
  • $62,000 net cash flow projected for May

Bids are due April 25. For information visit meagheradvisors.com or contact Chris McCarthy, executive vice president at Meagher, at cmccarthy@meagheradvisors.com or 303-721-6354 ext. 224.