40 Oil and Gas wells for sale in South Texas - Business for Sale

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40 Oil and Gas Wells Package in South Texas

TX, US
Added 2 years ago
Energy - Oil and Gas Wells

This listing is for a package of 40 oil and gas wells located on approximately 7,300 non-contiguous acres in South Texas, primarily in the Frio formation, with associated infrastructure and a mix of working and overriding royalty interests.

Key Information

Asking

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Revenue

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Earnings

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Multiple

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Key Highlights

  • 40 oil and gas wells for sale in South Texas
  • Approximately 7,300 non-contiguous acres included
  • 30 PUDS (Proven Undeveloped Drilling Sites) and additional behind pipe pay
  • Average ownership: 3% override and 20% working interest in each property
  • Combination of approximately 115% override and 750% working interest across the package
  • Properties are primarily in the Frio formation
  • Infrastructure includes roads, gas taps, water wells, and salt water disposals

Contact Info

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