The following information is provided by EnergyNet. All inquiries on the following listings should be directed to EnergyNet. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Reliance Eagleford Upstream Holding LP retained EnergyNet for the sale of a package of overriding royalty interest (ORRI) in the Eagle Ford Shale in South Texas through an auction closing July 8.
The package includes interest in 47 wells located across DeWitt and Karnes counties, Texas. Operators include affiliates of Devon Energy Corp., Lonestar Resources Inc., Marathon Oil Corp. and Repsol SpA.
Highlights:
- ORRI in 47 Wells:
- 0.810542% to 0.004754% ORRI
- 44 Producing Wells | Three Non-Producing Wells
- Six-Month Average 8/8ths Production: 951 bbl/d of Oil and 13,426 Mcf/d of Gas
- Five-Month Average Net Income: $6,391/Month
- Operators include Devon Energy Production Co. LP, Lonestar Operating LLC, Marathon Oil EF LLC and Repsol Oil & Gas USA LLC
The auction closes at 2:10 p.m. CDT on July 8. For complete due diligence information on any of the packages visit energynet.com or email Cody Felton, vice president of business development, at Cody.Felton@energynet.com, or Denna Arias, vice president of corporate development, at Denna.Arias@energynet.com.
Recommended Reading
Deepwater Roundup 2024: Offshore Africa
2024-04-02 - Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
E&P Highlights: April 1, 2024
2024-04-01 - Here’s a roundup of the latest E&P headlines, including new contract awards.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
The OGInterview: How do Woodside's Growth Projects Fit into its Portfolio?
2024-04-01 - Woodside Energy CEO Meg O'Neill discusses the company's current growth projects across the globe and the impact they will have on the company's future with Hart Energy's Pietro Pitts.
Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO
2024-05-17 - A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.