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.
EverQuest Energy Corp. retained EnergyNet for the sale of a Permian Basin asset located in Lea County, N.M., through an auction closing Oct. 16.
The offer includes interests in a Devonian producer plus 100% working interest in an offset saltwater disposal well.
Highlights:
- 87.91268% Working Interest / 70.82189% Net Revenue Interest in the Mobil State COM #1
- Devonian Producer under High-Volume Lift Operations
- 100% Working Interest in the State L 736 #1 Saltwater Disposal Well
- Six-Month Average 8/8ths Production: 18 barrels per day of Oil
- 18-Month Average Net Cash Flow: $15,949 per Month
- Cash flow includes an additional income from Saltwater Disposal fees charged to other Working Interest Owners —averaging $2,550 per month—for the use of the 100%-owned Saltwater Disposal well that offsets the producing well.
- Operations assisted by a self-contained PLC that monitors production and disposal equipment automatically facilitating shutdown and startup for pre-programmed events
Bids are due by 1:30 p.m. CDT Oct. 16. For complete due diligence information visit energynet.com or email Lindsay Ballard, vice president of business development, at Lindsay.Ballard@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
Woodside on the Prowl for Driftwood Partners, Gas Suppliers
2024-09-26 - Australian natural gas and LNG exporter Woodside Energy, which recently agreed to acquire Tellurian in a deal valued at $1.2 billion, isn’t yet looking to develop an upstream U.S. onshore position to secure gas for Driftwood LNG.
Exxon Expects 3Q Guyana Volumes to Fall by 80,000 bbl/d
2024-08-05 - Exxon Mobil is forecasting lower third quarter Guyana production by about 13% due to hook-ups related to a gas-to-energy project for mainland Guyana.
Post-Beryl: US LNG Exports Down While Tankers Await Freeport LNG’s Reopening
2024-07-15 - Partial restart on Freeport LNG is anticipated later this week. Meanwhile, the port itself remained closed July 15 to LNG tankers and others with drafts of more than 39 ft.
Ryan Lance: ConocoPhillips Wants to ‘Double’ LNG Project Portfolio
2024-09-20 - ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said.
Woodside to Emerge as Global LNG Powerhouse After Tellurian Deal
2024-07-24 - Woodside Energy's acquisition of Tellurian Inc., which struggled to push forward Driftwood LNG, could propel the company into a global liquefaction powerhouse and the sixth biggest public player in the world.