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.
A private seller retained the Oil & Gas Asset Clearinghouse LLC for the sale of a package of East Texas properties.
The offer includes overriding royalty interest (ORRI), working interest and leasehold in 24 producing wells and one saltwater disposal well located in Jasper and Hardin counties, Texas.
Highlights:
- 3%-4% ORRI in 24 producing wells
- Producing from the Miocene Sands and Yegua reservoir
- Includes 89.5 gross acres
- $13,000 per month net cash flow
Bids are due Feb. 6. Data room is open.
For information visit ogclearinghouse.com or contact Matt DaPra at mdapra@ogclearinghouse.com or 713-277-7923.
Recommended Reading
LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
2025-01-09 - With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.
Florida Fuel Distributors Palmdale, Combs Oil Merge
2025-01-08 - Palmdale Oil’s acquisition of Combs Oil Co. combines two Florida-based fuels and refined products distributors.
Constellation Energy Nearing $30B Deal for Calpine, Sources Say
2025-01-08 - Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine that could be announced as early as Jan. 13, sources familiar with the matter said.
Varel Energy Solutions Acquires Ace Well Technology
2025-01-07 - Varel Energy Solutions acquired Ace Well Technology, a supplier of oilfield casing, cementing and completion products.
PakEnergy Acquires Petrosight to Expand Well Software Platform
2025-01-07 - PakEnergy LLC said the combined firm can deliver “unparalleled visibility and control” to well operators.