Producing 40 Well Conventional Oil Project

Allegany, NY (Cattaraugus County)
Asking Price: On Request
Oil & Gas Property Details
Listed on Oct 14, 2025

Oil Field Project - Investment Opportunity
Project Overview
We have a fully operational 40-well shallow vertical development program with all wells currently in production. This is a proven, cash-flowing opportunity to acquire working interest in an established producing asset.
Current Project Status

Total Wells: 40 wells (all actively producing)
Production Status: 100% of wells online and generating revenue
Asset Maturity: Fully developed field with established production history
Target Formations: Six proven shallow pay zones

Investment Terms

Working Interest: 15.28%
Net Revenue Interest: 11.46%
Asset Type: Direct working interest in 40 producing oil wells
Acquisition Price: Competitive pricing available for qualified investors

Key Investment Highlights
Immediate Cash Flow

Monthly revenue distributions from all 40 producing wells
No waiting period for completions or tie-ins
Established production with predictable decline curves
No exploration or development risk

Tax Advantages

Depreciation benefits on acquired producing assets
Depletion allowances on ongoing production
Passive income classification for tax purposes
Tax benefits enhance after-tax returns

Proven Economics

All 40 wells successfully drilled and in production
Validated geological model across six proven shallow pay zones
Nearly 2,000 wells successfully drilled in the region by operating team
Actual production data available for review

Investment Structure
This opportunity represents the acquisition of actual working interest ownership in 40 producing oil wells. As a working interest owner, you would:

Receive monthly revenue checks from current production
Benefit from depreciation and depletion allowances
Own a tangible asset in proven, producing oil fields
Participate in upside potential from oil price improvements

Risk Mitigation Factors

Zero Drilling Risk: All wells completed and producing
Proven Reserves: Active production validates reserve estimates
Operational Track Record: Experienced operator with extensive regional expertise
Diversified Production: 40 wells across multiple formations reduces single-well risk
Established Infrastructure: All production facilities and gathering systems operational

Why This Opportunity Exists
This working interest position offers investors the opportunity to acquire proven, producing assets without development risk while benefiting from immediate cash flow and tax advantages. Terms are structured to be mutually beneficial for serious investors.
Next Steps

change currency

Financials (USD)

Asking Price Not Disclosed

Additional Details

Onshore / Offshore Onshore

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs