The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Mar Oil & Gas retained the Oil & Gas Asset Clearinghouse to market for sale its operated working interest in Wilbarger County, Texas.
Highlights:
- Operated working interest in two horizontal PDP oil wells
- 100% Working Interest / 77% Net Revenue Interest
- 3,803 net acres
- 22 gross (16 net) bbl/d of average daily oil production (November 2020-February 2021)
- $19,697/month average net cash flow (January-March)
- Producing from the Barnett
Bids are due at a live auction held on July 13. For information visit ogclearinghouse.com or contact Tyler Post at tpost@ogclearinghouse.com or 972-736-5814.
Recommended Reading
Industry Consolidation Reshapes List of Top 100 Private Producers in the Lower 48
2024-06-24 - Public-private M&A brings new players to top slots in private operators list.
Permian Recycling Facility Passes 50 MMbbl of Water Recycling
2024-05-20 - Occidental Petroleum and Select Water Solutions have collaborated on water treatment and recycling at the site since 2021.
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.
Permian Operations at Risk as Wastewater Equation Remains Unbalanced
2024-06-17 - Wastewater injection is a growing cause of induced seismic activity in oil- and gas-producing regions in the U.S., and without proper management solutions, operational capacities are at risk.
Vista to Import New Fracking Set to Boost Production at Argentina's Vaca Muerta
2024-06-11 - Vista Energy will import a new fracking set in the Vaca Muerta and sealed an agreement with SLB for the new equipment.