Texas 3 Well Project - 1 Unit 6.5% WI for $180K
This opportunity involves the expansion and development of the productive Caddo-Hammon-Vogtsberger field, originally drilled during the early 1950s. Several wells achieved initial production rates exceeding 700 barrels of oil per day, with most open-hole completions yielding over 963,000 barrels of oil. The region is characterized as a multi-pay area, demonstrating proven output that has not yet been fully delineated or developed. It is anticipated that approximately 80% of the capital invested may be eligible for deduction in 2025. Projected monthly income could commence roughly 60 days following the initiation of production. Comprehensive projections, financial details, and independent third-party well data are provided for review. If you are interested in considering alternative investments that deliver both tax benefits and income potential—and are an accredited investor—please respond to confirm your interest and accreditation status.
Financials (USD)
Amount Sought Not Disclosed
Deal Terms
Offering Memorandum Or Prospectus Available? Available On Request
Willing To Pay Finders Fee? Available On Request
Willing to Co-Broker? Available On Request
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