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.

An undisclosed seller retained EnergyNet to sell a 266 well package of overriding royalty interest (ORRI) offshore Louisiana in the U.S. Gulf of Mexico.

Highlights:

  • ORRI in 266 wells
  • Sliding-scale ORRI between 2% - 10% based on LLS crude oil pricing
  • Three-month average net cash flow: $539,681/month
  • Net Proved Reserves(1): 896 Mboe (73% oil)
  • 2022E Proved cash flow projection: $9.0 MM(1)
  • Operators include Arena Offshore LP, Fieldwood Energy and Renaissance Offshore LLC
EnergyNet Marketed Map - Gulf of Mexico ORRI Well Package Offshore Louisiana

Sealed bids are due at 4 p.m. CST on May 27. For complete due diligence information visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Reilly Bliton, director of engineering, at Reilly.Bliton@energynet.com.

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