My company owns numerous oil and gas wells throughout the state of Oklahoma, we are currently looking to sell some of our assets. All of these wells have been purchased within the last 3 years and many have gone extensive work-overs and improvements as many were in inoperable condition at the time of purchase. Because of this much of the data that you will find online may be out of date and inaccurate, however if you are interested in any of these wells, to buy outright, or do a JV drilling/work-over, please contact me or the operator to get more details.
Carol #1 Asking price: $25,000
Sec 22 T12N R5W
Canadian County, Oklahoma
This well is 9,000 feet deep and comes with acreage and reserve report for $750,000 worth of recoverable oil and gas
Current production: 10-15 MCFD
Horntown Lease Asking price: $350,000
Said lease is described as 320 acres in Section 32, Township 7N, Range 10E in Hughes County, Oklahoma
Total production is 8-9 BOPD + 60-70 MCFD
All wells are less than 3,000 feet. There is a negotiation in process now to sell deep rights for $300+ an acre, we can sell now and have buyer do the deep rights transaction or close that deal and sell wells based on production at a cheaper price.
Wells are all operational and in good condition.
Monthly Operating Expense: $1500
Shulter Lease Asking price: $200,000
Said lease is described as 257.37 acres in Section 7, Township 12N, Range 13E in Okmulgee County, Oklahoma
Total production is 4-5 BOPD + 50-60 MCFD
All wells are less than 3,000 feet. Wells are all operational and in good condition. Some additional upgrades can be done to increase production. Several wells are missing equipment and can be brought back online for increased production.
Monthly Operating Expense: $1500
Leviev Leases Asking price: $600,000
Total production is 15 BOPD
All wells are less than 3,000 feet. Some wells are all operational and in good condition. Some additional upgrades can be done to increase production. Several wells are missing equipment and can be brought back online for increased production. Most of the wells have work over potential and Spears, Denise and Payne leases have deep rights that can be sold to gas company that is currently drilling and buying deep rights nearby.
Monthly Operating Expense: $2500
Neil well Asking Price $150,000 100% WI (wellbore only)
Section 6, Township 11N, Range 14E Mcintosh County, OK
1 new well that needs the 20-50K to complete it and open up new zones.
Injection well on premise and runs of gas
Depth 3500 ft
potential production 200+ MCFD
no acreage, wellbore only
All equipment is new and in good condition
1 gun barrel, 1 water tank, one 210 oil stock
NRI is 80%
100 % working interest (total) 3 partners own it, buyer gets 25% WI
Total expense is 0$ at the moment, but can be up to 500$ per month for operations
Well has 5 zones not perforated, bottom zone has oil and 2% oil cut (2 BOPD for 50 BOWPD) will need a 15-20K investment to put on pump to get oil.
REMA SESSIONS AND SESSIONS# 1 Asking Price $150,000 100% WI (wellbore only)
Section 5, Township 11N, Range 14E, Town of Checotah, McIntosh County, OK
Production is about 150-200 MCFD, however due to flooding a work over and gas pump is required which will cost about 20K. (there is a water injection well hooked up to these wells)