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$ 1,180,000

*Updated* 6 Austin Chalk Leases with 118 existing vertical wellbores

Luling Oil & Gas LLC (LOG) has acquired oil and gas leases representing 118 existing wells in the Austin Chalk formation. LOG owns mineral rights to 6 leases containing 653 acres with 118 existing vertical wellbores and 269 undrilled acres in the Austin Chalk Formation. 2009 Independent Reserve Report shows that these wells have substantial, […]

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$ 40,000

*SOLD* Wichita County Producing WI for Sale

*SOLD* 228 acres – Wichita County,TX 15 wells: 3 Injection, 4 shut in, 8 producers Average production: 7-9 BOPD – steady for 8 months Average depth 1100 ft – mostly Gunsite 2­4 drilling locations on lease, very prolific and studied area Typical operating costs around $1,300/month Most wells have been re­worked and have tested down […]

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$ 3,500,000

100BOPD South Central Texas Lease for sale

we are currently looking to divest of all of our oil and gas leases in a single package deal. The leases are centrally located near one another in south central Texas. The majority of the wells were drilled over 30 years ago and have maintained a long consistent history with little to no decline curve. […]

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$ 10,000

*SOLD* North Texas Oil Well for Sale

*SOLD* 1 well lease with upside potential. Production history shows 1/2 bbl oil per day. We were told that if you clean sand out of well, it will produce 4 bbl per day. Previous owner never sold gas, but there is a tapped gas line 200 feet away. We recently acquired this well with several […]

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$ 300,000

*SOLD* Wichita County Producing Lease for Sale

*SOLD* 228 Acres in Wichita County, TX 15 wells: 3 Injection, 4 shut in, 7 producers Average production 7-9 BOPD Average depth 1100 ft – mostly Gunsite Operations cost¬ $1200 monthly average 2¬4 drilling locations, very prolific and studied area Some drilling potential in a 1400ft zone. Most wells have been re¬worked and have tested […]

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$ 600,000

BARNETT SHALE GAS WELL FOR SALE

We have a gas well for sale. Well is a strong producer on a 140 ac. unit. 25%NRI although 80acres of it is burdened by an additional 15% as owners also own part of the minerals. Gross revenue is about $50k/month, net as to the interest is about 23k/month. We are looking to sell quickly. […]

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$ 200,000

Non Op Working Interest package

I am selling a 5% Non OP WI in a producing well, currently doing 14-16 BOPD. With 4 productive zones, currently producing from the Swastika. Also included is a 2.2857% Non OP WI in a 595 acre lease contiguous to the above lease. This lease is currently doing approx 130 BOPD from 3 wells with […]

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$ 60,000

Shackleford County Lease

160 acre lease with one Ellenburger well on it in Southeast Shackelford County. Well was drilled in 2000s and has been shut due to hole in the casing. Was making 500MCFPM before it was shut in. The well has 3 zones up hole with oil and gas behind pipe. All equipment included except pump.

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$ 60,000

*SOLD* Palo Pinto County Drilling Program – Phase I

*SOLD*   Phase I consists of drilling a single test well on 220 acres Multiple target payzones including Marble Falls, Conglomerate, and Strawn. Well at same depth in area currently producing 30 BOPD & 175 MCFGPD drilled and completed 3 years ago. New wells being drilled in area by other operators at same depths (blanket […]

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$ 41,250

*SOLD* Last 5%WI – TX Single Drill Program – Estimated Payout 8 Months

*SOLD* Single new drill into Salt Dome field with lease already producing from 4 wells for a combined 158 BOPD Estimated 75 BOPD & 75 MBO in reserves for new well Estimated payout under 8 months (60 BOPD) with ROI at 7:1 over well lifetime for single well Operations set to start by end of […]

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