6-8 BOPD Shut in Lease
Water Flood that was shut in due to owner health. Injection wells just got MIT and ready for final leg to get production back on track. Several wells set up for injection not used. Lease needs around 40k of work. Alot of electrical work has been replaced. Control panel to adjust injection wells. Priced to sell ad along with lease update is less then 18 month return
Financials (USD)
Asking Price $50,000
Additional Details
Onshore / Offshore Onshore
Fields / Basins / Formations Dutcher Sand
Acreage 120
Production Shut In was producing 6-9 BOPD has ability to 10-12
Reserves 60MBO yet to be produced
Cash Flow $6,000-$14,000 per month
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