Devonian Wells for Sale - Million BBL Producers
Two productive fields. $199,000 for 10% WI, 7% (NRI) Deeded property ownership in the highly productive Permian Basin. Two Devonian million barrel producers with SWD wells with low decline curves (1-2%) during last 10 years. Utilize 1031. Excellent upside to convert one SWD to commercial well and uphole pay in both wells.
Financials (USD)
Asking Price $199,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Permian Basin/W. Brahaney & RK Comanche Field
Production 35-40 BOPD
Reserves 473,000 combined
Interest Type Working Interest
Cash Flow 10% WI (3.5% NRI)
Operator SEI Operating, LLC
Is Seismic Available? No
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