East TX Single Drill Program – Est. Payout 12 months at $35 oil
Drilling 2,300′ into 84 acre lease with producing wells doing up to 30-60 BOPD from 2011 (2 acre spacing) Estimated 30MBO in reserves Estimated 40 BOPD with 12 month payout and 4:1 ROI at $35 oil First right of refusal on subsequent wells already mapped Pricing above is per minimum purchase of 3% with 75% […]
More InfoProducing Non-op Working Interest for Sale
50 acre lease – Yegua Sands – 4,300′ Single well doing 10-12 BOPD currently – well online 2013 Monthly operating expenses around $1,200 Cumulative 128 MBO, remaining estimated 80 MBO + 2 zones uphole not tested in well Potential for new shallow well development on lease in upper zone (1,100′) Net income around $10K a […]
More InfoEast Texas Single Well Rework
Re-entry into a gas well at the Cook Mountain Zone at 10,700′ and 9,500′. Shut in 2008 due to market prices. Well produced 4.6 BCFG & 70 MB condensate. Estimated 1.3 BCF & 55 MB Condensate in proven recoverable reserves in target zones Estimated payback under 12 months including expenses in first zones and under […]
More InfoBaston Salt Dome New Drill Program
New drill into Salt Dome field with lease already producing from 3 wells each doing 60-70 BOPD (not included) Estimated 30 BOPD & 50 MBO in reserves per new well Estimated ROI at 7:1 over well lifetime for single well Operations set to start by end of month if not sooner Spacing to drill at […]
More InfoEagleford Production For Sale
Richfield Exploration Company Inc. a Texas based Corporation is offering to sell up to 100% Working Interest as production in new Horizontal Eagleford Wells. Richfield will drill, complete and flowback horizontal Eagleford wells on locations that Richfield owns or controls. When the well reaches 400 BOEPD, Richfield will sell by assignment up to 100% of […]
More InfoLa Sara Field (South Texas)
There are distinct phases in the life of every oil and gas well that is drilled. When a well is first drilled, pressure depletion and gravity drive deliver the oil to the surface. During this phase anywhere from 10 to 35% of the original oil in place will be recovered. Once the well pressure drops […]
More InfoHorizontal Caddo Well
6 BOPD with possible gas sales. Around 80% NRI and 100% WI. 100ac lease in Jack County Texas.
More InfoFormer producer! Drilled, good production, plugged 1982.
Will of our Mother, Maggie Mae Quinn, Maiden; Maggie Mae Crowley, First Marriage Maggie Mae Farris (Deceased) All Mineral Rights on 40 acres. Three (3) Owners: 100% James S Farris (Brother) Louise Kivlehen (Sister)(Deceased)Children Lavoy Davis (Sister)(Deceased)Surviving Spouse and Children Priced per Acre
More Info*SOLD* Young County 2 Lease Rework Program
*SOLD* Lease currently producing 5 BOPD from 2 wells Plan is to come uphole on both wells and perforate new payzone and create an injection well from an abandoned well Estimated 80MBO in reserves in new zone with IP rates around 35 BOPD combined Estimated payout less than 2 years on $40 oil 30%WI made […]
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