MIDLAND BASIN ROYALTY ASSETS
2-Producing Units.
HOWARD & MARTIN COUNTIES, TX
Holds 0.270359% RI In Duke Unit
Holds 0.118194% RI In Hamilton 26 Unit
Avg. 6-Month 8/8ths Prod: 2.85 MBOED
Avg. 10-Month Net Income: $30,554/Month
SOLD BY AUCTION SEPTEMBER 24, 2019RR 2418AU
Onshore |
Land Base |
Unconventional |
Play Type |
ENERGYNET INC - BLUESTEM ROYALTY PARTNERS LP
Deal Summary
Caddo Minerals Inc, as an agent for Bluestem Royalty Partners LP, has retained EnergyNet Inc to assist in the sale of certain Midland Basin royalty assets in Texas. The auction will close on 24-Sep-2019.
Highlights:
-- Located in Howard Co., and Martin Co., TX;
-- Holds 0.270359% RI and 0.317173% non-producing RI in producing Duke Unit and 0.118194% RI in producing Hamilton 26 Unit.
-- Average 8/8ths Production (6 months): 2.85 MBOE/d or 17.13 Mcfe (80% oil and 20% gas);
-- Average net income (10 months): $30,554/month;
-- Operator: SM Energy.
Lot 61863
To learn more contact:
Ms. Heidi Epstein
Phone: (713) 861-1866
Email: Heidi.Epstein@energynet.com