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.
Lone Oaks Minerals LLC retained EnergyNet for the sale of a 13-well package (RI & NPRI) in Wetzel County, West Virginia. The Lot# 105350 has a 4-month average net cash flow of $8,230/month. Operator is EQT Production Co.
Opportunity highlights:
- Avg. ~0.24% RI in 9 Producing Wells:
- Wellbore Only
- Includes 0.01% NPRI in the Prine 13H Well
- 0.13% NPRI in 4 Producing Wells:
- Wellbore Only
- 6-Month Average 8/8ths Production: 87,601 MCFPD
- 6-Month Average Net Production: 68 MCFPD
- 4-Month Average Net Cash Flow: $8,230/Month
- Operator:
- EQT Production Company
- 81 Offset Permits
- New Drill: 16 Active | 2 Completed | 28 DUC | 33 Permitted
- 1,121 Active Offset Producers
- Select Area Operators:
- Blue Group Operating, Inc.
- Diversified Production, LLC
- Pillar Energy, LLC
- SWN Production Company
- Tug Hill Operating, LLC
This is an auction property on EnergyNet.com, Lot# 105350. This auction closes April 25, 2023 at 1:50 PM CDT. For complete due diligence information, please visit http://www.energynet.com or email Zachary Muroff, Managing Director, at Zachary.Muroff@energynet.com.
Recommended Reading
US Drillers Cut Oil, Gas Rigs for Fifth Week in Six, Baker Hughes Says
2024-09-20 - U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week.
With Montney Production Set to Grow, US E&Ps Seize Opportunities
2024-10-02 - Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
2024-10-11 - The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
2024-10-04 - Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.
E&P Highlights: Oct. 7, 2024
2024-10-07 - Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
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.