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.
YTEF Non-Op Capital LLC, an affiliate of Millennial Energy Partners, retained EnergyNet for the sale of a six-well package in Webb County, Texas, through an auction closing Dec. 7. The package, Lot# 90764, includes nonoperated working interest in the wellbores of six producing wells operated by SM Energy Co.
Highlights:
- Nonoperated Working Interest in the Wellbores of Six Producing Wells:
- 2.50% Working Interest / 1.875% Net Revenue Interest
- 10-Month Average Net Income: $62,559/Month
- Six-Month Average 8/8ths Production: 289 bbl/d of Oil and 10,770 Mcf/d of Gas
- Six-Month Average Net Production: 5 bbl/d of Oil and 202 Mcf/d of Gas
- Operator: SM Energy Co.
Bids are due at 2:55 p.m. CDT on Dec. 7. For complete due diligence information visit energynet.com or email Cody Felton, managing director, at Cody.Felton@energynet.com, or Jewell Arias, buyer relations / transactions manager, at Jewell.Arias@energynet.com.
Recommended Reading
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Shell Brings Deepwater Rydberg Subsea Tieback Onstream
2024-02-23 - The two-well Gulf of Mexico development will send 16,000 boe/d at peak rates to the Appomattox production semisubmersible.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.