MIDLAND BASIN ROYALTY ASSETS
Includes 4-Wells (Completed In Mar-2022)
HOWARD COUNTY, TEXAS
Targets The Wolfcamp Formation
Holds Average 0.01% RI
Average Gross Production: 3.613 MBOED
Average Net Cash Flow: $1,072/Month
BIDS ARE DUE DECEMBER 13, 2022
PP 6141AU
Onshore |
Land Base |
Unconventional |
Play Type |
THE OIL & GAS ASSET CLEARINGHOUSE - TOMAHAWK ENERGY MANAGEMENT LLC
Deal Summary
Tomahawk Energy Management LLC has retained The Oil & Gas Asset Clearinghouse to assist in the sale of certain Midland Basin royalty assets in Howard county, Texas.
Highlights:
-- Located in Howard Co., TX;
-- Holds an average 0.01% RI in 4 wells (completed in Mar-2022);
-- Targets the Wolfcamp formation;
-- Average gross production (Mar-2022 to Jul-2022): 3.613 MBOE/d (~90% oil and ~10% gas);
-- Average net cash flow (Mar-2022 to Jul-2022): $1,072/month;
-- Operated by Laredo Petroleum.
To learn more contact:
The Oil & Gas Asset Clearinghouse
Phone: 281-873-4600
Email: sales@ogclearinghouse.com