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
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
Coterra Takes Harkey Sand ‘Row’ Show on the Road
2024-11-20 - With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
DNO Makes Another Norwegian North Sea Discovery
2024-12-17 - DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
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.
DNO Discovers Oil in New Play Offshore Norway
2024-12-02 - DNO ASA estimated gross recoverable resources in the range of 27 MMboe to 57 MMboe.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.