Oil Wells (100% Operations)
Current production is 33 barrels of oil per day from 3 active wells (out of 6 total), plus 1 saltwater well. Located in North Louisiana, the Buckrange formation features three leases—most with over 80% NRI. Wells are 2,800 feet deep. There is potential to boost output by working over the inactive wells and drilling new ones. Operating expenses average 35%, with net revenue at $39,400/month at current prices. Sites are accessible year-round.
Financials (USD)
Asking Price Not Disclosed
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