PERMIAN NON-OP & ORRI ASSETS
Covers ~72 Net HBP Leasehold Acres.
EDDY & LEA COS, NEW MEXICO
GLASSCOCK, LOVING, MARTIN
AND MIDLAND COUNTIES, TEXAS
Avg 2.1% WI (1.6% NRI) In 62 Wells
Holds Average 0.4% ORRI In 16 Wells
Average 8/8ths Production:14.59 MBOED
Average Net Production): 251.5 BOED
Average Net Income: $351,776/Month
BIDS ARE DUE NOVEMBER 17, 2022
PP 5983RR
| Onshore |
Land Base |
| Unconventional |
Play Type |
ENERGY NET INC - MINERVA RESOURCES LLC
Deal Summary
Minerva Resources LLC has retained EnergyNet Inc to assist in the sale of certain non-operated and ORRI assets in the Delaware and Midland Basin in New Mexico and Texas.
Highlights:
-- Located in Eddy and Lea Cos., NM and Glasscock, Loving, Martin, and Midland Cos., TX;
-- Covers ~72 net HBP leasehold acres;
-- Holds an average 2.1% non-operated WI (1.6% NRI) in 62 wells;
-- Holds 0.4% ORRI in 16 wells;
-- Average 8/8ths Production (6 months): 14.59 MBOE/d (~70% oil and ~30% gas);
-- Average net Production (6 months): 251.5 BOE/d (~72% oil and ~28% gas);
-- Average net income (6 months): $351,776/month;
-- Select Operators: COG Operating LLC, Diamondback E&P LLC, Endeavor Energy Resources L.P., EOG Resources Inc, Pioneer Natural Resources USA, Inc.
To learn more contact:
Mr. Zachary Muroff
Phone: 972-372-0232
Email: Zachary.Muroff@energynet.com
