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.
An affiliate of QEP Resources Inc. retained EnergyNet for the sale of multiple packages comprising non-producing oil and gas mineral assets in South Dakota through three, separate auctions.
The combined offerings include more than 100,000 net mineral acres across multiple counties in South Dakota including Harding and Fall River counties.
For complete due diligence information energynet.com or email Ryan Dobbs, vice president of business development, at Ryan.Dobbs@energynet.com, or Denna Arias, director of transaction management, at Denna.Arias@energynet.com.
Lot 56750
EnergyNet has been retained by QEP Energy Co. for the sale of Non-Producing Minerals (10,721.02 Net Mineral Acres) located in Harding County, S.D.
Highlights:
- 20,348.73 Gross (10,721.02 Net) Non-Producing Minerals
- 186 (125 Horizontal) Active Offset Producers
- Select Area Operators include Citation Oil and Gas Corp., Continental Resources Inc., Luff Exploration Co. and Nearburg Producing Co.
Bids are due at 2:55 p.m. CST April 16.
Lot 56751
EnergyNet has been retained by QEP Energy Co. for the sale pf Non-Producing Minerals (5,273.23 Net Mineral Acres) located in Fall River County, South Dakota.
Highlights:
- 50.00% to 0.00478% Working Interest / 36.75% to 0.004037% Net Revenue Interest
- 6,047.23 Gross (5,273.23 Net) Non-Producing Minerals
- Five Offset Permits:
- Three Active Permits | One Permit in Confidential Status | One Permitted
- 82 Active Offset Producers
- Select Area Operators include Breitburn Operating LP, Citation Oil and Gas Corp. and Kaiser Francis Oil Co.
Bids are due at 3 p.m. CST April 16.
Lot 56752
EnergyNet has been retained by QEP Energy Co. for the sale of Non-Producing Minerals (about 91,120 Net Mineral Acres) located in multiple counties in South Dakota.
Highlights:
- 172,544.61 Gross (91,119.58 Net) Non-Producing Minerals
- 12 Offset Permits
- 203 Active Offset Producers
- Select Area Operators include Citation Oil and Gas Corp., Clark Blake Production LLC, Continental Resources Inc., Luff Exploration Co. and Nearburg Producing Co.
Bids are due at 3:05 p.m. CST April 16.
Recommended Reading
Vår Selling Norne Assets to DNO
2024-05-08 - In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
SLB OneSubsea JV to Kickstart North Sea Development
2024-05-07 - SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.
EOG: Utica Oil Can ‘Compete with the Best Plays in America’
2024-05-09 - Oil per lateral foot in the Utica is as good as top Permian wells, EOG Resources told analysts May 3 as the company is taking the play to three-mile laterals and longer.
Chevron, Total’s Anchor Up and (Almost) Running
2024-05-07 - During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.
SM Energy Targets Prolific Dean in New Northern Midland Play
2024-05-09 - KeyBanc Capital Markets reports SM Energy’s wells “measure up well to anything being drilled in the Midland Basin by anybody today.”