550 acre oil lease


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Additional Info

Street60 Delmita Road
CountryUnited States
Zip/Postal Code78536

This lease is a perfect turnkey for either; a seasoned operator to pick up and throw on their TRRC Bond, or a green operator to pick up and turn pumps on receiving instant return on their investment. The lease is sublet from the larger portion of the entire lease of 1400 acres and 14 wells total.
I have full description of the wells but here are some bullets; oil wells are 10k’ deep and 8.5K’ deep, the gas well is 7.5K’ deep and the SWD well is 10K’ deep. The infrastructure for the oil wells are tied into a main collection site, the collection site sits next to the SWD well. Have two surface pump jacks on site.

Video courtesy of Millennium Trust