The following information is provided by Meagher Energy Advisors. All inquiries on the following listings should be directed to Meagher. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
National Multiple Sclerosis Society retained Meagher Energy Advisors for the sale of Midland Basin minerals in Upton County, Texas.
Highlights:
- 192 net acres in northeast Upton County, Texas
- Prolific Tier 1 Wolfcamp and Spraberry wells
- Nine producing and three drilled uncompleted Horizontal Wells
- Additional 14 Wolfcamp A Proved Undeveloped Wells (PUDs), eight Wolfcamp B PUDs and 14 Spraberry locations
- Over 1 million barrel of oil equivalent wells common in this area
- $62,000 net cash flow projected for May
Bids are due April 25. For information visit meagheradvisors.com or contact Chris McCarthy, executive vice president at Meagher, at cmccarthy@meagheradvisors.com or 303-721-6354 ext. 224.
Recommended Reading
VAALCO Reports Increased Reserves After Svenska Deal
2024-07-16 - VAALCO acquired Swedish E&P Svenska’s 27.39% non-operated working interest in the deepwater Baobab Field in Block CI-40, offshore Côte d’Ivoire.
Exclusive: XCL Increases Production Amidst Lookout for More Inventory
2024-06-07 - XCL Resources is beginning its journey to acquire Altamont Energy, but in the meantime, the company is refining its operations in the Uinta Basin to find the perfect lateral length.
Sea Power: Noble’s Deal Fires Major Volley in Offshore, Services M&A
2024-06-14 - Noble Corp.’s $1.6 billion acquisition of Diamond Offshore Drilling may seem like small potatoes compared to the upstream sectors’ massive megadeals, but service sector consolidation could snowball, analysts said.
Patterson-UTI Boosts Bottom Line with OFS Acquisitions
2024-08-06 - Less than a year out from the closing of its merger with NexTier and its acquisition of Ulterra Drilling Technologies, Patterson-UTI is taking strides not to be the latest has-been.
Industry Consolidation Reshapes List of Top 100 Private Producers in the Lower 48
2024-06-24 - Public-private M&A brings new players to top slots in private operators list.