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.
Caddo Minerals Inc. retained EnergyNet for the sale of a producing minerals and royalties package in the Texas Panhandle in Hemphill County through an auction closing Dec. 5.
Highlights:
- 0.933513% to 0.065537% Royalty Interest in 42 Horizontal Wells
- 41 Producing Wells | One Non-Producing Well
- Current Average 8/8ths Production: 1,453 barrels per day of Oil and 21.116 million cubic feet per day of Gas
- 10-Month Average Net Income: $31,228 per Month
- Operator: Tecolote Energy Operating LLC
Bids are due by 1:55 p.m. CST Dec. 5. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Construction on Kinder Morgan’s Tennessee Pipeline Delayed by Stay
2024-10-15 - An appeals court panel put two permits on hold for Kinder Morgan’s pipeline to consider the project’s implications on the Clean Water Act.
Andium’s Thermal Methane Tech Takes Oilfield from Dark Age to Golden Future
2024-11-12 - Andium Founder and CEO Jory Schwach took the oilfield out of the dark ages of using carbon paper to monitor tank levels with his AI thermal camera. Now he foresees more growth after completing the company’s latest funding round.
Trump Taps Ex-Congressman Zeldin to Run Environmental Protection Agency
2024-11-11 - U.S. President-elect Donald Trump said on Nov. 11 he will appoint Republican former Congressman Lee Zeldin, who frequently voted against legislation on green issues, to run the Environmental Protection Agency.
Venture Global Taking Adequate Steps in Calcasieu Pass Construction, FERC Says
2024-10-01 - The Calcasieu Pass LNG plant’s foundational customers have turned to legal auction due to the plant’s long commissioning time.
Supreme Court Takes Up Clean Air Act Venue Fight
2024-10-21 - The high court’s justices will hear arguments if the EPA’s air pollution rules should be challenged in D.C. or in regional courts.