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.
Stone Hill Minerals Holdings has retained EnergyNet for the sale of a D-J Basin 95 well package in Weld County, Colorado. The lot# 115339 package includes a six- month average free cash flow of $123,423 per month.
Opportunity highlights:
- Royalty Interest in 63 PDP/PDSI Wells
- 32 Additional Codell PUD Locations
- 6-Month Average Free Cash Flow: $123,423/Month
- 6-Month Average 8/8ths Production: 12,137 BOPD and 28,994 MCFPD
- 6-Month Average Net Production: 61 BOPD and 121 MCFPD
- Operators: Civitas Resources, Bison Oil/Gas, and Chevron U.S.A., Inc.
- 234 NMA/286 NRA
Bids are due March 5 at 4 p.m. CST. For complete due diligence, please visit energynet.com, or email Zachary Muroff, managing director, at Zachary.Muroff@energynet.com.
Recommended Reading
US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes
2024-04-12 - The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.
US Gas Rig Count Falls to Lowest Since January 2022
2024-03-22 - The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22.
US NatGas Output to Decline in 2024, While Demand Rises to Record High, EIA Says
2024-04-09 - The EIA projected dry gas production will ease in 2024 as several producers reduce drilling activities.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes
2024-05-17 - The oil and gas rig count rose by one to 604 in the week to May 17.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.