Marketed: Permian Basin Commercial Saltwater Disposal System

Transaction Type
Sellers
Marketers
Basin
Permian Basin
Post Date
Close Date
Estimated Price
0MM
Description

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

BC Operating Inc. retained Simplex Energy Solutions LLC for the sale of an operated commercial saltwater disposal system within the Permian Basin in Lea County, N.M.

Water is disposed into the Cherry Canyon Formation at about 6,000 ft subsurface. The well is permitted for 12,000 barrels per day (bbl/d) of water at 1,150 psig.  Net income averaged $133,546 per month for the period June 2018 through November.

Highlights:

  • Commercial Saltwater Disposal 
  • 100.0% Working Interest
  • Permitted 12,000 bbl/d of Water
  • Net Income of $133,546 per month from June 2018 through November

Bids are due by 4 p.m. CST Feb. 27. For information visit simplexenergy.com or contact Karl Reiter at kreiter@simplexenergy.com or 432-683-3791.