The following information is provided by Oil & Gas Asset Clearinghouse LLC. All inquiries on the following listings should be directed to Clearinghouse. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

The Oil & Gas Asset Clearinghouse LLC is partnering with Sawtooth Operating Co. Inc. to market an operated working package that includes 58 wells in Chambers, Galveston and Brazoria counties, Texas.

Highlights:

  • Operated working interest in 58 wells in Chambers, Galveston and Brazoria County, Texas
  • 100% Working Interest / 75% Net Revenue Interest average ownership
  • Operated by Sawtooth Operating
  • 7,075 net acres (all HBP)
  • Producing out of the SeaBreeze, Nodosaria, Frio and Big Gas formations
  • 120 gross / 90 net bbl/d average daily oil production 
  • 146 gross / 109 net Mcf/d average daily gas production
  • $47,331 per month average net cash flow
  • $2.16 million PDP PV-10 / $1.74 million PDNP PV-10 
Marketed: Texas Operated Package in Chambers, Galveston and Brazoria Counties

Bids are due Feb. 11. An electronic data room is available. The transaction is expected to have a Feb. 1 effective date.

For information visit ogclearinghouse.com or contact Tony Schluck at tschluck@ogclearinghouse.com or 972-716-3985.