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.
Ridge Runner Resources Operating LLC retained EnergyNet for the sale of a Wolfcamp Shale opportunity in the Permian Basin through a sealed-bid offering comprised of certain oil and gas properties and related assets located in New Mexico’s Lea County.
Highlights:
- 960.00 Gross (220.63 Net) HBP Leasehold Acres
- 140.63 Net Acres Subject to Depth Restrictions
- 69 Active Offset Permits
- 15 Active | Three Drilled | Four DUCs | 47 Permitted
- 1,673 Active Offset Producers
- Select Area Operators include Chevron USA Inc., Cimarex Energy Co., COG Operating LLC, ConocoPhillips Co., EOG Resources Inc. and Matador Production Co.
- 194.8813 Net HBP Leasehold Acres
- 127.6025 Net Acres are Subject to Depth Restrictions
- Eight Active Offset Permits
- Four Active | Four Permitted
- 1,347 Active Offset Producers
- Select Area Operators include BXP Operating LLC, Chevron USA Inc., ConocoPhillips Co., Cross Timbers Energy LLC and Matador Production Co.
- 320.00 Gross/Net Non-Producing Leasehold Acres in Section 14-T18S-R34E
- 160.00 Gross/Net Non-Producing Leasehold Acres in Section 23-T18S-R34E
- 100% of Oil and Gas Leases (Delivering 80% Net Revenue Interest)
- 69 Active Offset Permits
- 15 Active | Three Drilled | Four DUCs | 47 Permitted
- 1,673 Active Offset Producers
- Select Area Operators include Chevron USA Inc., Cimarex Energy Co., COG Operating LLC, ConocoPhillips Co., EOG Resources Inc. and Matador Production Co.
Bids are due at 4 p.m. CT Oct. 14. 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, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Analysis: Middle Three Forks Bench Holds Vast Untapped Oil Potential
2025-01-07 - Williston Basin operators have mostly landed laterals in the shallower upper Three Forks bench. But the deeper middle Three Forks contains hundreds of millions of barrels of oil yet to be recovered, North Dakota state researchers report.
Ring May Drill—or Sell—Barnett, Devonian Assets in Eastern Permian
2025-03-07 - Ring Energy could look to drill—or sell—Barnett and Devonian horizontal locations on the eastern side of the Permian’s Central Basin Platform. Major E&Ps are testing and tinkering on Barnett well designs nearby.
E&Ps Pivot from the Pricey Permian
2025-02-01 - SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug off high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney.
Hibernia IV Joins Dawson Dean Wildcatting Alongside EOG, SM, Birch
2025-01-30 - Hibernia IV is among a handful of wildcatters—including EOG Resources, SM Energy and Birch Resources—exploring the Dean sandstone near the Dawson-Martin county line, state records show.
Sintana Reports Two Discoveries Offshore Namibia
2025-01-06 - Sintana Energy Inc. said the Mopane-2A well found gas condensate in one reservoir and light oil in a smaller one.