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.
Equinor Energy LP retained EnergyNet for the sale of a Bakken shale package in North Dakota and Montana through an auction closing Nov. 11.
The offering includes 14 permitted wells plus nonoperated working interest in the Taylor LW 14-23 #1H well in Montana's Richland County and North Dakota's McKenzie and Mountrail counties.
Highlights:
- 6.910445% to 0.393552% Working Interest / 5.528356% to 0.314842% Net Revenue Interest in 14 Permitted Wells (Wellbore Only)
- 0.186865% Working Interest / 0.149492% Net Revenue Interest in the Wellbore of the Taylor LW 14-23 #1H Well
- NOTE: Seller has not yet begun receiving revenue for the Taylor LW 14-23 #1H Well
- Average 8/8ths Production for May 2020: 645 bbl/d and 677,000 cf/d
- Operators include Hess Bakken Investments II LLC, Slawson Exploration Co. Inc., Whiting Oil & Gas Corp. and Zavanna LLC
![Marketed: Equinor Bakken North Dakota, Montana Package](/sites/default/files/inline-images/71415_Map.png)
Bids are due by 1:40 p.m. CST Nov. 11. For complete due diligence information visit energynet.com or email Heidi Epstein, manager of business development, at Heidi.Epstein@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Wildcatting is Back: The New Lower 48 Oil Plays
2024-12-15 - Operators wanting to grow oil inventory organically are finding promising potential as modern drilling and completion costs have dropped while adding inventory via M&A is increasingly costly.
Hibernia IV Joins Dawson Dean Wildcatting Alongside EOG, SM, Birch
2025-01-30 - Hibernia IV is among a handful of wildcatters—including EOG Resources, SM Energy and Birch Resources—exploring the Dean sandstone near the Dawson-Martin county line, state records show.
Watch for Falling Gas DUCs: E&Ps Resume Completions at $4 Gas
2025-01-23 - Drilled but uncompleted (DUC) gas wells that totaled some 500 into September 2024 have declined to just under 400, according to a J.P. Morgan Securities analysis of Enverus data.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
2025-01-22 - 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.
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.