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.
Maverick Natural Resources LLC retained EnergyNet for the sale of Permian Basin HBP leasehold and producing assets in Andrews County, Texas, through an auction closing May 8.
The offer comprises 160 net HBP leasehold acres plus 100% gross working interest and operations in five wells within the Shafter Lake Field.
Highlights:
- 160.00 Net HBP Leasehold Acres
- 100.00% Working Interest / 87.50% Net Revenue Interest in the Elizabeth Armstrong -D- Lease (Five Wells):
- Four Producing Wells | One Shut-In Well
- Six-Month Average 8/8ths Production: 3 barrels per day of Oil
- Six-Month Average Net Income: $2,205 per Month
Bids are due by 2:25 p.m. CDT May 8. For complete due diligence information energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA
2024-10-28 - Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
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.
Exclusive: Novi Labs’ Ludwig on AI Preventing Costly Drilling Mistakes
2024-12-12 - Novi Labs President and Co-Founder Jon Ludwig gives insight on how AI and machine learning allow diverse applications for oil and gas operations and less risk for cataclysmic failure, in this Hart Energy Exclusive interview.
Exclusive: Embracing AI for Precise Supply-Demand Predictions
2024-10-17 - Dak Liyanearachchi, the CTO with NRG, gives insight on AI’s capabilities in optimizing energy consumption and how NRG is making strides to manage AI’s growth, in this Hart Energy exclusive interview.
Hirs: AI and Energy—Is There Enough to Go Around?
2024-11-07 - AI data centers need a constant supply of electricity, and the nation’s grids are unprepared.