East Texas 2 Woodbine Producing Wells
Will consider financing -
100% Working Interest Production Package in Limestone County, Texas. 2 Vertical Wells Pumping 6.5 miles NW of Groesbeck, Texas.
Baker Lease: 37.03 acres LID:02513. Baker #1 API29330649 - TD 3079' 83.333 NRI
Completed 4/1/1986 4.5-10.50 Reset w/new DH pump 2021-active chemical treatment
Well reset late 2019, new pump, tubing & rods.
Nichols Lease: 34.66 acres LID:02476. Nichols #1 API29330575 - TD 3056'
Completed 6/15/1981 4.5-10.50 Reset w/new DH pump 2023-active chemical treatment. Well reset late 2019, new pump, tubing & rods and deepened.
Production package includes all equipment, infrastructure in place including tank batteries w/RECENTLY approved and completed produced water evaporation pit, capacity 500+Bbls. Tank batteries are easy access for pickup and gauging. Purchaser will do split load between both leases. Baker/Nichols avg 45 Bbls month when operating.
Financials (USD)
Asking Price $89,900
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