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 MRF for the sale of South Texas producing mineral and royalty interests in an eight well package located in DeWitt County, Texas, operated by Devon Energy Corp.
Highlights:
- 1.37425% Royalty Interest in Eight Horizontal Producing Wells
- Six-Month Average Net Income: $150,152 per Month
- Six-Month Average 8/8ths Production: 3,610 barrels per day of Oil and 30.231 million cubic feet per day of Gas
- Operator: Devon Energy Corp.
- Offset Activity:
- Seven Offset Rigs
- 312 Offset Permits (278 Eagle Ford Permits)
- 793 (761 Horizontal) Offset Producers
Bids are due by 2:50 p.m. CST Jan. 23. For complete due diligence information visit energynet.com or email Michael Baker, vice president of business development, at Michael.Baker@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Recommended Reading
US NatGas in Storage Grows for Second Week
2025-03-27 - The extra warm spring weather has allowed stocks to rise, but analysts expect high demand in the summer to keep pressure on U.S. storage levels.
Baker Hughes Awarded Drilling Contract for Gas Storage Project in Dubai
2025-03-27 - The new contract adds to the work Baker Hughes Co. is already doing on Dubai Petroleum Establishment's Margham Gas project.
US LNG Exports May See EU Demand Drop-Off, Asian Surge
2025-03-27 - Ukrainian peace talks could end with Russian gas back on the market, Poten & Partners analysts said.
Exclusive: Rapid Haynesville Production Challenges LNG Market Stability
2025-03-26 - Gordon Huddleston, partner and president at Aethon Energy, delves into how the Haynesville's proximity to LNG export terminals positions the play as a major gas supplier, but LNG project timing and rapid influx of gas are contributing to volatility, in this Hart Energy Exclusive interview.
Delfin Signs 15-Year LNG Supply Agreement with Berlin’s SEFE
2025-03-26 - Delfin Midstream is building the customer base for its floating LNG platform off the Gulf Coast.