LEA CO., NM PROPERTY
1-Well. 822-Net Acres. 960-Gross Acres.
PERMIAN BASIN - MORTON FIELD
Proven Morrow Potential.
2-Undrilled Wolfcamp Locations.
Cisco, Penn, Strawn & Miss Upside.
3D Seismic & Subsurface Geology.
32% OPERATED WI; 24% NRI
Gross Production: 13 BOPD & 21 MCFD
CONTACT SELLER FOR MORE INFO
PP 1336DV
Onshore |
Land Base |
Unconventional |
Play Type |
PURVIS OPERATING CO - ANTELOPE
Deal Summary
Update, 8-Jun-2022. The package is still up for sale, based on field intelligence.
Purvis Operating Co is looking to sell certain operated assets in New Mexico. Additionally, Purvis Operating is looking to sell its Gladiola field (DIP ID: 10964) and Lane field (DIP ID: 10966) assets in Lea county and its Esperanza assets (DIP ID: 10986) in Eddy county, New Mexico.
Highlights:
-- Located in Morton field in Lea Co., NM;
-- Covers 822 net acres (960 gross);
-- Holds 32% operated WI (24% NRI);
-- Targets Wolfcamp and Morrow formations and holds exploratory potential from Cisco, Penn, Strawn, and Mississippian formations;
-- Includes Antelope 1 well and 2 additional undrilled Wolfcamp development locations;
-- Antelope 1 has produced 57.87 MBOE (79% oil, 21% gas) from Wolfcamp and 8.7 MBOE (77% oil, 23% gas) from Morrow;
-- Estimated remaining Reserves: ~46 MBOE (83% oil, 17% gas).
To learn more contact:
Mr. Briggs Donaldson
Phone: 432-682-7346
Email: land@purvisop.com