The following information is provided by EN Indigo. All inquiries on the following listings should be directed to EN Indigo. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Maverick ORRI, LP (Maverick) is offering for sale overriding royalty interests (“ORRI”) in Atascosa, Dimmit, and Karnes Counties, Texas. Lot# 106170 includes 389 active wells with 2.58% average wellbore NRI, 642 boe/d LTM average net production, an estimated LTM cash flow of $1.2 million per month, 37,402 gross acres, more than 600 undeveloped locations remaining, and a projected NTM cash flow of $13.2 million. Maverick retained EN Indigo as the exclusive advisor for this transaction.
![EnergyNet Lot 106170](/sites/default/files/inline-images/106170_map.png)
Asset Highlights:
- 389 active wells with 2.58% average wellbore NRI
- 642 boe/d LTM average net production (79% liquids)
- Leading operators such as EOG, Marathon, ConocoPhillips and Devon
- $1.2MM / mo. LTM average cash flow
- More than 600 undeveloped locations remaining
- 37,402 gross acres 100% HBP
- $13.2MM projected NTM cash flow (1)
- Certain ORRI assets feature WI conversion option with compelling economics
Bids for Lot# 106170 are due on June 29 at 4:00 p.m. CDT. For complete due diligence information on this property, please visit http://www.energynet.com or email Zachary Muroff, Managing Director, at Zachary.Muroff@energynet.com or Reilly Bilton, Director of Engineering at EnergyNet Indigo, at Reilly.Bilton@energynet.com.
Recommended Reading
Beetaloo Juice: US Shale Explores Down Under
2024-06-28 - Tamboran Resources has put together the largest shale-gas leasehold in Australia’s Beetaloo Basin, with plans for a 1.5+ Bcf/d play. Behind its move now to manufacturing mode are American geologists and E&P-builders, a longtime Australian wildcatter, a U.S. shale-rig operator and a U.S. shale pressure-pumper.
Crackin’ It at Kraken: Inside the Bakken’s Ramped-up Private E&P
2024-07-24 - Kayne Anderson-backed Kraken Resources is producing more than 80,000 boe/d today and has a new Fitch Ratings credit score to take to the M&A bank.
Baytex Energy Joins Eagle Ford Shale’s Refrac Rally
2024-07-28 - Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.
EOG Resources Wildcatting Pearsall in Western Eagle Ford Stepout
2024-07-17 - EOG Resources spud the well June 25 in Burns Ranch with rights to the Pearsall well about 4,000 ft below the Eagle Ford, according to myriad sources.
The OGInterview: BPX E-fracs Push ‘Values Up, Emissions Down,’ CEO Says
2024-07-02 - BPX Energy CEO Kyle Koontz discusses the company’s role as the “nimble entrepreneurial” arm of supermajor BP in the Permian Basin and Haynesville and Eagle Ford shales.