222 Acres - 4 Producing Oil Wells in Kentucky
The Raymond Crump Oil Lease is a turnkey producing oil asset in Warren County, Kentucky: 222 acres with 4 active, well-maintained shallow wells currently producing ~10–20 barrels per day with low overhead and a long-standing production history. Permits are in place, and operations have been steady for years.
These are shallow wells (approx. 750–1,500 ft), making maintenance and servicing straightforward versus deeper plays. Transition assistance is available for a smooth handoff, and there’s upside through acidizing and EOR options to enhance production.
The property also offers a meaningful development runway: substantial in-ground reserves, strong spacing for additional drilling locations, and lifetime mineral oil rights held by production. Hundreds of thousands of barrels of reserves are in the ground. Prime location!!
Asking Price: $975,000
Seller financing available.
Serious buyers can request details, production history, and see survey and geological reports.
Financials (USD)
Asking Price $975,000
Additional Details
Onshore / Offshore Onshore
Acreage 222
Production 10-20 BPD
Reserves Substantial amount
Interest Type WI & Mineral rights
Operator Paret Mining LLC
Is Seismic Available? Yes
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