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 for the sale of a Mississippian play opportunity in the Webb 15-22-1XH Well in Blaine County, Oklahoma. The Lot#115431 package includes 391 active offset producers.
Opportunity highlights:
- Wellbore Only in the Webb 15-22-1XH Hz Well:
- 0.674688% WI / 0.5397504% NRI
- Projected Formation: Mississippian
- Total Participation Cost: $64,106.16
- Seller will make the election to participate on 2/6/24
- Operator: Derby Exploration, LLC
- 3 Offset Permits
- New Drill: 3 DUC
- 391 Active Offset Producers
- Select Offset Operators:
- Citizen Energy III LLC
- Ovintiv USA Inc.
- Unit Petroleum Company
Bids are due Feb. 7 at 4 p.m. CST. For complete due diligence, please visit energynet.com or email Emily McGinley, managing director, at Emily.McGinley@energynet.com, or Jessica Scott, buyer relations, at Jessica.Scott@energynet.com.
Recommended Reading
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
2024-11-01 - Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
OMS Energy Files for IPO, Reports Revenue Growth
2024-11-06 - Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Devon CEO Muncrief to Retire, COO Gaspar to Take Top Job in March
2024-12-09 - Devon Energy President and CEO Rick Muncrief, who has led Devon during past four years, will retire March 1. The board named COO Clay Gaspar as his successor.
SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut
2024-10-22 - SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.
Sheffield: E&Ps’ Capital Starvation Not All Bad, But M&A Needs Work
2024-10-04 - Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.
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.