• June 9, 2022 4:14 pm

”Flowing oil well makes 40 bls oil per day & 250 mcfd of gas
Plug back total depth is 10,550
wells have 4.5 casing cemented

producing from the Ericson formation
wells has 10,000 # flanged wellhead
2-3/8 N-80 tubing

The oil has high gravity sweet oil
The total to have well up & flowing into
tank $150,000.00

Well will flow 40 bls oil per day

30 DAYS X 40 bls X $50.00 oil price X .80 net
revenue X.87 taxes net profit $41,760

less operating expenses of $4,000 per month net is $37,760.00

the purchase price is $800,000

net revenue is 80%

There is over 1,680 acres of undrilled lease with this well.
It is a very good investment for all”


  • Category : Producing Wells


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