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.
Chisholm Operating Inc. retained EnergyNet for the sale of operated assets in the North-Central Texas region through an auction closing May 8.
The offer includes operated interest in the Anderson, Pickens and Pickens A leases including seven wells in Foard County, Texas.
Highlights:
- 81.50% Working Interest / 63.334415% Net Revenue Interest in the Pickens Lease
- Three Producing Wells
- 81.50% Working Interest / 61.125% Net Revenue Interest in the Pickens "A" Lease
- One Producing Well
- 77.80% Working Interest / 58.35% Net Revenue Interest in the Anderson Lease
- Two Producing Wells | One Active Injection Well
- 12-Month Average Net Income: $18,742 per Month
- Six-Month Average 8/8ths Production: 29 barrels per day of Oil
(Source: EnergyNet)
Bids are due by 2:30 p.m. CDT May 8. For complete due diligence information energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Sliding Oil Prices Could Prompt Permian E&Ps to Cut Capex
2024-12-03 - A reduction in the rig count would also slow the growth of natural gas output from the region, benefitting gassy Gulf Coast players, according to Enverus.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-15 - Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Shale Outlook: E&Ps Making More U-Turn Laterals, Problem-Free
2025-01-09 - Of the more than 70 horseshoe wells drilled to date, half came in the first nine months of 2024 as operators found 2-mile, single-section laterals more economic than a pair of 1-mile straight holes.
Utica’s Encino Boasts Four Pillars to Claim Top Appalachian Oil Producer
2024-11-08 - Encino’s aggressive expansion in the Utica shale has not only reshaped its business, but also set new benchmarks for operational excellence in the sector.