The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
ConocoPhillips Co. has retained EnergyNet for the sale of working interest participation in five wells located in Weld County, Colorado. The Lot # 125043 package includes 10.92% working interest.
Opportunity highlights:
- WI Participation Option in 5 Hz Wellbores:
- ~10.92% WI / ~8.73% NRI
- Projected Formation: Niobrara
- Total Participation Cost: $4,318,524.39
- Election is Due 01/13/25
- Operator: Bonanza Creek Energy Operating Company, LLC
- Offset Activity:
- 15 Completed
- 6 DUCs
- 51 Permits
- Select Offset Operators:
- Continental Resources Inc.
- Civitas Resources
- Red Hawk Petroleum
Bids are due Jan. 6, 2025 at 5 p.m. CST. For complete due diligence, please visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com.
Recommended Reading
Civitas Makes $300MM Midland Bolt-On, Plans to Sell D-J Assets
2025-02-25 - Civitas Resources is adding Midland Basin production and drilling locations for $300 million. To offset the purchase price, Civitas set a $300 million divestiture target “likely to come” from Colorado’s D-J Basin, executives said.
Exxon’s Custom, Lightweight Proppant Boosts Permian EURs by 15%
2024-12-17 - Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Occidental to Up Drilling in Permian Secondary Benches in ‘25
2025-02-20 - Occidental Petroleum is exploring upside in the Permian’s secondary benches, including deeper Delaware Wolfcamp zones and the Barnett Shale in the Midland Basin.
Early Innings: Uinta’s Oily Stacked Pay Exploration Only Just Starting
2025-03-04 - Operators are testing horizontal wells in less developed Uinta Basin zones, including the Douglas Creek, Castle Peak, Wasatch and deeper benches.
Matador Touts Cotton Valley ‘Gas Bank’ Reserves as Prices Increase
2025-02-21 - Matador Resources focuses most of its efforts on the Permian’s Delaware Basin today. But the company still has vast untapped natural gas resources in Louisiana’s prolific Cotton Valley play, where it could look to drill as commodity prices increase.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.