No photo available
Field under development, 2 wells already in production, 3rd well to be drilled imminently,
Low operating costs with conventional vertical wells drilled in sandstone, profitable in recent price environment.
Field has a strong water drive, and wells in the area produce for many years with very little decline. Located in the middle of a prolific area. A field to the west has produced in excess of 14 million barrels of oil, and there is high production on all sides.
Well will be used in the continuing development of this project, with substantial acreage under lease. There will be no need to attract, or deal with, outside customers.
Good economics, spreadsheet available upon request. Ideal for a partner seeking "mail box money" - steady monthly income that increases with field development. A second SWD well can be brought into service as the development continues.
Please provide full contact info along with your inquiry.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.