SAN JUAN BASIN ORRI & ROYALTY
2,808-Net Leasehold Acres. ~3,180-NMA.
MULTIPLE COUNTIES ACROSS NM
0.004% - 8.83% ORRI In 266 Wells.
~0.32% - 5.90% RI In 32 Wells.
Avg. 8/8th Prod. (6ns): ~3.15 MBOED
Avg. Net Income: $12,358/Month
AUCTION CLOSED SEPT 2019
RR 2317AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - QEP RESOURCES INC
Deal Summary
QEP Resources Inc, through its affiliate QEP Energy Co, has retained EnergyNet Inc to assist in the sale of ORRI and royalty assets in New Mexico. The bidding opens on 28-Aug-2019 and closes on 4-Sep-2019.
Highlights:
-- Located in San Juan Co., Rio Arriba Co., Sandoval Co., Chaves Co., Eddy Co., Lea Co., and Roosevelt Co., NM;
-- Covers 2,808 net leasehold acres and 3,179.86 net mineral acres;
-- Holds 0.004% to 8.83% ORRI in 266 wells and ~0.32% to 5.90% RI in 32 wells;
-- Average 8/8th production (6 months): ~3.15 MBOE/d or 18.92 MMcfe/d(~58% gas, 42% oil);
-- Average net income (6 months): $12,358/month;
-- Select operators: COG Operating, Dugan Production and Hilcorp Energy.
Lot 60528
CONTACT AGENT
EnergyNet Inc
Mr. Cody Felton
VP - Business Development - Hou & Eastern States
400 Louisiana St Ste 600
Houston, TX 77002
Phone: 713-861-1866 and Fax: 832-201-9598 and Direct: 281-221-3042 Cell: 281-221-3042
Email: cody.felton@energynet.com