Producing Kansas Lease - Below Cost
Kansas Oil Lease in Production
This project is too nominal for our group.
We are prepared to entertain an outright sale at a discount to our out of pocket costs to bring the lease into production capability.
Joint Venture may also be an option.
$100k - open to negotiating terms
• 160 Acre Producing Lease
• 9 Ready producer wells, with some production
• 2 additional inactive wells
• 2 active SWD wells (plus an additional inactive well)
• Partner to receive at least 42.5% WI
• Fully Equipped: 3 x 100 Bbl Tank Battery, 1 x 100 Bbl Water Tank, Separator Tank, Pump Jacks and other equipment
This on and off producing lease in Neosho County, Kansas has been streamlined over the past 18 months with considerable work completed to develop a clean operating project that is now ready to move to the next stage. With minimal work, It is ready to resume production from multiple shallow wells (500 – 700 feet). Plenty of spacing and upside opportunity for additional wells and further development.
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
Acreage 160
Production 2-3 bopd
Reserves undefined
Interest Type Majority Working Interest
Is Seismic Available? No
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