The following information is provided by BOK Financial Securities. All inquiries on the following listings should be directed to BOK Financial Securities. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Staghorn Petroleum II LLC (Staghorn) is offering for sale certain operated and non-operated properties in the NW STACK in Oklahoma. The lot includes approximately 46,000 net acres in Major and Woods counties, Oklahoma. In addition, there are 326 PDP wells and 97 quantified horizontal development locations. The lot has an estimated net production of 4.2 MMcfe/d, of which 37% are liquids. More details about the lot can be found below. Staghorn has retained BOK Financial Securities as their exclusive advisor relating to the transaction.
Asset Highlights:
- ~46,000 net acres concentrated in Major and Woods counties, OK (100% HBP).
- 326 PDP wells producing from traditional NW STACK formations including various intervals of the Mississippian and Woodford.
- 97 quantified horizontal development locations.
- PDP PV-10: $24 million
- Net production: 4.2 MMcfe/d (37% liquids)
- F12M PDP cash flow: $3.7 million
- 97 horizontal locations targeting the Upper Osage grainstone: PV10 of $109MM
Bids for this lot are due on June 27. For complete due diligence information on this property, please contact Jason Reimbold at jreimbold@bokf.com or Jeff Hawes at jhawes@bokf.com.
Recommended Reading
Innovative Insulation: The Future of Thermal Management
2024-12-31 - Silicone-based, spray-on coating simplifies application and improves protection for downstream assets and workers.
Delivering Dividends Through Digital Technology
2024-12-30 - Increasing automation is creating a step change across the oil and gas life cycle.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
E&P Highlights: Dec. 30, 2024
2024-12-30 - Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
E&P Highlights: Jan. 13, 2025
2025-01-13 - Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
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.