oil & gas assets
Simon Energy Associates LLC Producing Properties

PP 6249DV ACTIVE DEAL

Producing Properties
* All Standard Disclaimers Apply & Seller Rights Retained

Region Permian Basin
Area West Texas (RRC #8 FW)
Posted17-Jan-23
Confirmed18-Jan-23

Owner

Undisclosed Seller

Contact

Simon Energy Associates LLC
Ms. Charlotte McBryde-Calloway
Business Development
110 W Louisiana Ave Ste 305
Midland TX 79701
Phone: +1-432-686-7022
Fax: +1-432-686-0555
cmcbryde@simonenergy.com
 

Regional Listings

MARTIN CO., TX MINERAL & ORRI

104.8125-NRA. 167.7-Gross Acres.
MIDLAND BASIN ASSETS
Spraberry & Wolfcamp Formations.
Includes 1-Vertical Producing Well,
9-Hz Permits & 1-Injection Well Permit.
Holds 25% Average Mineral Interest
Average Gross Production: 15.9 BOED
Average Net Production: 1.24 BOED
Average Net Income: $1,792/Month
CONTACT AGENT FOR MORE INFO
PP 6249DV

Onshore Land Base
Unconventional Play Type
SIMON ENERGY ASSOCIATES LLC - UNDISCLOSED SELLER

Deal Summary

Simon Energy Associates LLC has been retained by an Undisclosed seller to assist in the sale of certain Midland Basin mineral and ORRI assets ("Blocker Mineral & Overriding Royalty Interest") in Texas.

Highlights:
-- Located in Martin Co., TX;
-- Covers 104.8125 net royalty acres (167.7 gross acres);
-- Holds 25% average mineral interest;
-- Includes 1 producing vertical Spraberry well, 9 horizontal Spraberry and Wolfcamp permits along with 1 permitted injection well;
-- Potential horizontal objectives include Middle, Lower Spraberry, Jo Mill, Wolfcamp A, Wolfcamp B, and Wolfcamp C formations;
-- Average Production: Gross - 15.9 BOE/d (~94% oil , and ~6% gas) and Net - 1.24 BOE/d (~94% oil and ~6% gas);
-- Average net income: $1,792/month;
-- Operator: Pioneer Natural Resources USA Inc.

To learn more contact:
Audra Taylor
Phone: 405-819-9756
ATaylor@SimonEnergy.co

*Disclaimer
Oil and gas exploration, production and investment are extremely speculative. This website and content herein may also contain forward-looking statements as that term is defined in applicable securities laws. Words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “goal,” “objective” will typically identify such forward-looking statements. Although buyers, sellers and capital providers are making the forward-looking statements contained herein in good faith and on the basis of assumptions a Company believes are reasonable, actual results may differ materially from those predicted in such forward-looking statements. Following are a list of factors that could cause actual results to differ from those predicted: acquisition and investment risks; uncertainty of estimates of natural gas and oil reserves and production rates; inherent hazards and risks associated with the Company‘s assets; drilling risks; compliance with environmental and other governmental regulations; the competitive nature of the Company‘s industry; weather risks and other natural disasters. All users of the PLS website recognize that ALL STANDARD DISCLAIMERS APPLY and ANY AND ALL SELLER RIGHTS ARE RETAINED. As with all commercial websites, PLS is NOT responsible for any of the data found herein NOR for the business decisions of any individual using this website.