Rework Oil & Gas Exist Prod'n Creek Co. Oklahoma
Rework 25+ Oil & Gas Existing Production Wells Creek County. Oklahoma
Adding water drive and flooding.
Engineered 3MM OOIP + 1 BCF OGIP
Expected production over 30BOPD & 50MCF
Bulk of the production was from Prue reservoir. Prue Reservoir made 117 MBO and 448 MMCF.
Deals available through the end of 2025.
Sale of WI offers you 100% IDC deduction against your income taxes.
Field is already cash flowing positive.
Expected returns from 90 days after investment.
Operator Owner selling working interest in multiple producing oil wells
LOE under 25% of sales. IDC's will be 100% deductible in 2025.
Offer at $125,000 for 10% WI up to 40% ownership available for $500,000.
Financials (USD)
Asking Price $100,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations skinner/prue/bartleville
Acreage 640+
Production 30+bopd
Reserves 2.5 million bo
Interest Type working
Cash Flow +20,000 per month
Operator SEG
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