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.
Diamondback O&G LLC retained EnergyNet for the sale of a Barnett / Woodford shale opportunity within the Permian Basin through a sealed-bid offering.
The offering includes 6,334.85 net acres of leasehold acreage plus operations in recently completed wells in Crane County, Texas.
Highlights:
- 3,694.8582 Net Non-Producing Acres
- 3,035.4782 Fee Acres | Top of Barnett Shale to Top of Woodford Shale
- 659.38 Mineral Classified Acreage | All Depths
- 2,640.00 Net DDU Leasehold Acres
- University Lands | All Depths
- UL Anthem May A 13-12 A 1H Producing Well
- 100.00% Working Interest / 75.00% Net Revenue Interest
- Historical Average Daily 8/8ths Production: 252 bbl/d of Oil and 559 Mcf/d of Gas
- 1 Offset Rig
- 167 Offset Permits
- 82 Active | 7 Completed | 4 Drilled/Drilling | 36 DUC | 38 Permitted
- 890 Active Offset Producers
- Select Area Operators include Apache Corp., Chevron U.S.A. Inc., COG Operating LLC, OXY USA Inc., SM Energy Co. and XTO Energy Inc.
- Operator Bond Required
Bids are due by 4 p.m. CST May 26. For complete due diligence information on any of the packages visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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