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.
Keystone Test Facility LLC retained EnergyNet for the sale of an Oklahoma equipment test facility in Pawnee County including non-producing leasehold interest and proved undeveloped (PUD) locations through a sealed-bid offering closing Feb. 19.
Highlights:
- Keystone Test Facility (KTF) is a Public State Of The Art, Drilling Technology Testing Facility For Client Managed, Quality Testing Of Surface And Downhole Drilling Equipment For The Petroleum Industry
- KTF Test Rig #1—Fully Equipped, Certified and Maintained
- About $10 million has been Invested in the Facility and Infrastructure which includes Land Line Electric Service and Unlimited Access to Fresh Water
- Uniquely Situated on 30 Surface Acres With Leasehold Drilling Rights Under an Additional 500 Acres, with Proved Undeveloped Reserves Estimated by Recent Core and Log Analysis to Exceed 375,000 barrels of oil with a Potential Extension Development Area Adding an Additional 300,000 barrels of oil
- The Test Facility is Fully Operational and would be an Ideal Fit for an Individual Company or Consortium of New Technology Driven Entities, In Need Of Testing
- KTF Provides Research and Development Teams the Safest and Most Streamlined Testing Environment Possible
![Marketed: Keystone Test Facility, Pawnee County, Oklahoma](/sites/default/files/inline-images/Marketed_%20Keystone%20Test%20Facility%2C%20Pawnee%20County%2C%20Oklahoma.png)
Bids are due by 4 p.m. CST Feb. 19. For complete due diligence information visit energynet.com or email Ethan House, vice president of business development, at Ethan.House@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Understanding the Impact of AI and Machine Learning on Operations
2024-12-24 - Advanced digital technologies are irrevocably changing the oil and gas industry.
Push-Button Fracs: AI Shaping Well Design, Longer Laterals
2024-11-26 - From horseshoe wells to longer laterals, NexTier, Halliburton and ChampionX are using artificial intelligence to automate drilling and optimize completions.
Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
2024-12-05 - Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.
AI-Shale Synergy: Experts Detail Transformational Ops Improvements
2025-01-17 - An abundance of data enables automation that saves time, cuts waste, speeds decision-making and sweetens the bottom line. Of course, there are challenges.
Momentum AI’s Neural Networks Find the Signal in All That Drilling Noise
2025-02-11 - Oklahoma-based Momentum AI says its model helps drillers avoid fracture-driven interactions.