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.
Overland Minerals & Royalties LLC et al retained EnergyNet for the sale of a Bakken Shale / Three Forks well package in North Dakota’s Dunn County. The auction property, Lot 96516, includes producing mineral and royalty interests in 15 wells plus one well currently being drilled operated by an affiliate of Marathon Oil Corp.
Highlights:
- Producing Mineral Interest / Royalty Interest in 15 Wells:
- Average 0.21% Royalty Interest
- Includes One Well Currently Being Drilled not yet in Pay Status
- Current Average 8/8ths Production: 6,531 bbl/d of Oil and 5,330 Mcf/d of Gas
- Current Average Net Production: 11 bbl/d of Oil and 9 Mcf/d of Gas
- Three-month Average Net Income: $30,613/Month
- Operator: Marathon Oil Co.
The auction closes at 1:55 p.m. CDT on July 16. For complete due diligence information visit energynet.com or email Emily McGinley, director, at Emily.McGinley@energynet.com, or Denna Arias, executive director of acquisitions and divestments, at Denna.Arias@energynet.com.
Recommended Reading
From Days to Minutes: AI’s Potential to Transform Energy Sector
2024-11-22 - Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say.
NatGas Prices Drop After Freeport LNG Train Shutdown
2024-11-22 - Freeport LNG’s report says one of three liquefication trains went offline due to an oil lube pump issue on Nov. 20.
McKinsey: Big GHG Mitigation Opportunities for Upstream Sector
2024-11-22 - Consulting firm McKinsey & Co. says a cooperative effort of upstream oil and gas companies could reduce the world’s emissions by 4% by 2030.
ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close
2024-11-22 - After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.
Energy Transition in Motion (Week of Nov. 22, 2024)
2024-11-22 - Here is a look at some of this week’s renewable energy news, including the ranking of top corporate solar users in the U.S.
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.