[Editor’s note: Bid due date has been updated to Feb. 3 from Jan. 29.]
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.
EnergyNet has been retained by undisclosed sellers for the sale of operated well packages in North Texas through sealed-bid offerings.
The offerings include an 89-well package with roughly 8,000 net leasehold acres and a 20-well package with about 1,200 net leasehold acres both of which are located in Jack, Montague and Wise counties, Texas.
Lot 78364 - 89 Well Package Highlights:
- Operations in 89 Wells:
- Average Working Interest 74% / Average Net Revenue Interest 43%
- 82 Producing Wells | Two Saltwater Disposal Injectors | Five Shut-In Wells
- Six-Month Average 8/8ths Production: 885 Mcf/d of Gas and 21 bbl/d of Oil
- Seven-Month Average Net Income: $26,151 per Month
- About 8,000.00 Net Leasehold Acres
- About 40 Miles of Pipeline Gathering System
Lot 78365 - 20 Well Package Highlights:
- Operations in 20 Wells:
- Average Working Interest 75% / Average Net Revenue Interest 57%
- 16 Producing Wells | Four Shut-In Wells
- Six-Month Average 8/8ths Production: 172 Mcf/d of Gas and 12 bbl/d of Oil
- Seven-Month Average Net Income: $10,015 per Month
- About 1,200 Net Leasehold Acres
Bids are due at 4 p.m. CST Feb. 3. For complete due diligence information on either package visit energynet.com or email Zachary Muroff, vice president of business development, at Zachary.Muroff@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Marketed: Hess 3-Well Package in Bakken Shale
2024-12-11 - Hess Corp. has retained EnergyNet for the sale of a three-well Bakken Shale package in Mountrail and Ward counties, North Dakota.
Marketed: Territory Resources 15-well Package in Oklahoma
2024-10-28 - Territory Resources LLC has retained EnergyNet for the sale of 15-well package in Kay, Noble and Pawnee counties, Oklahoma.
Marketed: Stapleton Group Gulf Coast Texas Opportunity
2024-10-21 - Stapleton Group has retained EnergyNet for the sale of 51,816 non-producing net mineral acres in Walker, Montgomery and San Jacinto counties, Texas.
Marketed: Bison Energy 30-Well Package in Niobrara Shale
2024-12-02 - Bison Energy has retained EnergyNet for the sale of a 30 well package in Adams and Arapahoe counties, Colorado.
Vital, NOG Close $1.1B Acquisition of Delaware Basin’s Point Energy
2024-09-23 - Point Energy Partners, backed by Vortus Investments Advisors, sold its Delaware Basin acreage at 40,000 boe/d of production to Vital Energy and Northern Oil and Gas for $1.1 billion.