LEA CO., NM PROPERTY
1-Well. 160-Acres.
PERMIAN BASIN - GLADIOLA FIELD
Wolfcamp & Devonian Formations.
Horizontal Upside Potential.
Subsurface Geology Defined.
94% OPERATED WI; 70.5% NRI
Gross Production: 4.5 BOPD
CONTACT SELLER FOR MORE INFO
PP 1337DV
Onshore |
Land Base |
Conven/Unconv |
Play Type |
PURVIS OPERATING CO - LEA AV STATE
Deal Summary
Update, 8-Jun-2022. The package is still up for sale, based on field intelligence.
Purvis Operating Co is looking to sell certain operated assets in New Mexico. Additionally, Purvis Operating is looking to sell its Morton field (DIP ID: 10965) and Lane field (DIP ID: 10966) assets in Lea county and its Esperanza assets (DIP ID: 10986) in Eddy county, New Mexico.
Highlights:
-- Located in Gladiola field in Lea Co., NM;
-- Covers 160 acres with rights to all depths;
-- Holds 94% operated WI (70.5% NRI);
-- Includes Lea AV State 1 well targeting Wolfcamp formation;
-- Also includes additional Devonian potential;
-- Estimated remaining Reserves: 34.5 Mbbl;
-- Gross production: 4.5 Bbl/d.
To learn more contact:
Mr. Briggs Donaldson
Phone: 432-682-7346
Email: land@purvisop.com