51-2
  • June 9, 2022 3:28 am

”9 wells, 320 acres, with light sweet 40 API gravity oil, currently three wells producing 2-3 BOPD from Duffer Formation at a depth of 2,400’. Production can be easily increased to 5-10 BOPD with well optimization and chemical treatment. The wells are very low water producers. IP of the wells was 16-42 BOPD.
Waterflood plan is in place and ready to go. Permits for water supply well and water injection well have been obtained. Water flood reservoir simulation study is available which indicates that each well can produce 10 BOPD.
Behind pipe potential in Fry and Marble Falls formations.
Asking price: $250,000, 100% WI, 80% NRI”

Overview

  • Category : Drilling Programs

Location

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