Details

Holt Lease
Taylor County Texas

Producing average 5-6 BOPD on 2 active producing wells in Taylor County, Texas (North Central Texas) (Most recent production 7.5 and 8.5 BOPD)

Summary:

160-acre lease in North Central Texas (Taylor County)

2 active producing Flippen horizontal wells drilled in 2008

3 inactive fully equipped Flippen (1900’) vertical wells drilled in 1983

1 inactive partially equipped Flippen (1900’) vertical well drilled in 1983

Recent lease improvements include: upgrade to tank battery, buried electrical to wells, upsized horizontal pumping units to an 80 and a114s.

Inactive wells require minor work to bring into production needed (e.g. acid jobs)

All wells have upside and deeper rights.

100% WI. 79% NRI w/ deeper rights.

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