Thirty-Two (32) Wells (100% Operations)

This inactive 400-acre Woodbine lease features four waterflood pressure injection wells and a 75% NRI, with potential to produce over 50 barrels of oil per day. All wells require pulling and maintenance due to several years of inactivity, though they are well maintained and roads remain accessible year-round. The owner seeks to exit quickly, citing location concerns. Wells include both pumping units and submersible pumps. Operating expenses average 30%, and projected net oil revenue exceeds $41,000 per month at current prices.