Multiple Recompletions-12 Miles Of Pipeline
53 wells (49 production wells & 4 SWDs) which contain opportunity for multiple recompletions from many of the production wells. 12k miles of mainline gathering transportation pipeline interconnected with Kinder Morgan for gas sales. Over 75 miles of field gathering lines interconnected to each wellbore. Above-ground facilities (tanks, meter stations, process equip., buildings, etc.) Oretta has begun to re-start production for oil and gas sales. Oretta activities: Allocated the wellbores into 3 distinct areas to concentrate efforts efficiently and economically. Area 1- 3 Certain wells brought online and producing generating $40k-$50k revenue/mo. Compressors being installed to initiate gas lift. Replacement/maintenance done on above-ground piping/valves. Areas 1,2, & 3 wells contain multiple zones for recompletions opportunities.
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Upper and lower Wilcox/Yegua
Reserves 10.6bcf 322k bbls
Interest Type Working Interest
Cash Flow Projection
Operator Oretta Holdings LLC
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.
Request Information
Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.
Sign Up

