PERMIAN OPERATED PROPERTY
64-Wells. 1,500-Net Acres.
WINKLER & CRANE COS., TX
Produces From Grayburg, Queen,
Clearfork & Devonian Formations
Holds Average 98% WI (76% NRI)
NTM PDP Cash Flow: $660,000
NTM PDP Cash Flow: $660,000
PDP + PDNP PV-10: $2,700,000
Re-Completion Opportunities In
The Glorieta A & B Formations
BIDS ARE DUE SEPTEMBER 30, 2021
PP 0865
Onshore |
Land Base |
Conventional |
Play Type |
THE OIL & GAS ASSET CLEARINGHOUSE - UNDISCLOSED SELLER
Deal Summary
The Oil & Gas Asset Clearinghouse has been retained by a private undisclosed seller to assist in the sale of operated assets in Texas.
Highlights:
-- Located in Winkler Co., and Crane Co., TX;
-- Covers 1,500 net acres;
-- Holds average 98% WI (76% NRI);
-- Produces from Grayburg, Queen, Clearfork and Devonian formations;
-- Includes 64 wells (41 active);
-- PDP + PDNP PV-10: $2.7 million;
-- Gross Production (Jun-2021): 76.67 BOE/d (91% oil, 9% gas);
-- NTM forecasted PDP cash flow: $660,000;
-- Holds re-completion opportunities in the Glorieta A and B formations.
To learn more contact:
Mr. Tyler Post
Phone: 972-736-5814
Email: tpost@ogclearinghouse.com