Marketed: Wasatch Energy Management Non-operated WI in Utah

Transaction Type
Uintah Basin
Post Date
Close Date
Estimated Price

Wasatch Energy Management has retained EnergyNet for the sale of non-operated working interest and royalty opportunities in Duchesne and Uintah counties, Utah. The lot# 114136 package includes a net production of 761 boe/d as of October 2023.

Opportunity highlights:

  • Active Duchesne and Uintah Counties, Utah Position
    • Opportunity to acquire non-operated working interest ownership within an active, developing area in the Uinta Basin
    • Average WI of ~9.6% in 40 actively producing horizontal wells
    • Net production of ~761 boe/d (~90% oil) as of October 2023
      • Concentrated position in Duchesne and Uintah Counties underneath leading Basin Operators XCL Resources and Uinta Wax
  • Stacked Upside
    • Additional 13 permitted locations within the units
    • Further 76 stacked upside locations following in-basin development design
  • Predictable Production, Opex, and Cash Flow:
    • PDP net production of ~761 boe/d (~90% oil) as of October 2023
    • Favorable midstream contracts with sufficient takeaway capacity, no MVCs, no drilling commitments, and market rates
    • PDP NTM cash flow of ~$9.2 MM at current strip pricing
    • Ownership is all depths, no depth restriction.

Bids are due Feb. 21 at 4 p.m. CST. For complete due diligence, please visit, or email Zachary Muroff, managing director, at