Connecting Oil and Gas Resources
ORIGINALLY SELLING
30 UNITS OF FRACTIONAL UNDIVIDED WORKING INTERESTS OF 50% NON OP W.I.
CONSISTING OF 1.66% WORKING INTEREST (1.25% NET REVENUE INTEREST)
PER UNIT IN 1 WELL.
15 UNITS LEFT.
AS ADDED INCENTIVE 75% OF WORKING INTEREST NET INCOME SHALL BE PAID TO INVESTORS HEREIN UNTIL PAYOUT.
TARGET FORMATIONS, UPPER AND LOWER SWATSIKA SANDS APPROXIMATELY +-4,000′.
4+ UPPER PRODUCTION ZONES AS WELL.
I.P. 80 – 100 BOPD
CONTACT US FOR ADDITIONAL DETAIALS.
5 wells, tested at approx. 58 BOPD. Due to maintenance requirements and some needed improvements, currently producing approximately 5-6 BOPD. Includes one wastewater disposal well. Motivated seller — we will consider any reasonable offer.
140 acre tract of land available to lease for SWD. County Road Frontage. New drilling to the north with plans to drill all around the land in the coming years. 3 phase power at property gate. Low owner royalty rate.
6 acres with major highway frontage located in Howard county available for lease for SWD. Low royalty Rate. Surrounded by lots of horizontal drilling. Multiple operators in the area.
Drilling project with initial 2 wells at 3,000 feet. Have logs to verify the upper and lower Strawn Sand and have done sensing and the soil gas analysis with GeoFrontiers. Shows high gravity oil in all spots tested proving up the reservoir. Potential to return initial investment in 2.5 to 6 months depending upon the initial production.
Per 1% Working Interest and 75% NRI for pricing above; additional cost on completion
2 leases adjacent to one another. Currently producing 5 bbls a day. Have a new injection well tested and approved. Bringing online in coming weeks. One well is down and has been cleaned out which produces an additional 2 bod. Happy to share more information. Please email or call. Thank you
661 Acres held by one Producing Oil Well in South Texas .The Oil Well is 5000 foot deep. The well is producing 3 barels oil in a day without water . I own 100% working interes an 75% NRI .Is plenty of room to drill new wells
Attached is my 40 well production package. These properties are in South Texas and consists of roughly 7,300 non contiguous acres. There’s
30 PUDS and lots of behind pipe pay. There’s a combination of approximately 115% override and 750% working interest. I do not own all the interest in each well but I own an average of 3% override and 20% working interest in each property.
This properties are primarily Frio formation and each property has infrastructure with roads, gas taps, water wells, salt water disposals, etc.
170 Acres; 7 wells: 2 Injection, 7 producers Average production 6 BOPD Operations cost¬ $900 monthly average several drilling locations. Some drilling potential in a 1400ft zone. 1 new Full tank battery and 1 injection pump with brand new modern water knock out. Electric meets new standards being enforced by the RRC. 100%WI / 75% NRI Contact us if you’d like more information. This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions.
Two wells are active producers equipped and pumping, producing conservatively 4-8 barrels of oil per day. One active producing well has a new pump but needs electricity to produce conservatively 2-3.5 barrels of oil per day. Five shut-in wells are equipped and ready to be brought back into active well status, producing conservatively 9-13 barrels of oil per day. Current production with 2 wells running is 4-8 barrels of oil daily. The lease with all wells producing makes around 40 barrels of water a day, which a larger operator on the lease takes. The lease holds 320 acres, and wells are drilled on 20-acre spacing, which could be reduced to 10-acre spacing for additional PUD locations.