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BE Oil and Gas Properties LLC retained EnergyNet for the sale of a package of overriding royalty interest (ORRI) in the Permian Basin through an auction closing Aug. 24.
The offering includes ORRI in a 13-well package in Reagan and Upton counties, Texas.
Highlights:
- ORRI in 13 Producing Wells:
- 1.757813% to 0.534716% ORRI
- 138.00 Net Royalty Acres
- Six-month Average 8/8ths Production: 2,603 bbl/d of Oil and 8,878 Mcf/d of Gas
- Six-month Average Net Income: $46,078/Month
- Operators include Headington Energy Partners LLC and Pioneer Natural Resources USA Inc.
Bids are due by 2:25 p.m. CDT on Aug. 24. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
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