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 60,000.00

550 acre oil lease

  • Street: 60 Delmita Road
  • City: Delmita
  • State: Texas
  • Country: United States
  • Zip/Postal Code: 78536
  • Listed: September 11, 2019 11:21 am
  • Expires: None

Description

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

  

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Listing ID: 5035b982f617f58d

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2 Responses to “550 acre oil lease”

  1. Crayton Bowman on March 8, 2019 @ 4:02 pm

    I would like more info can u send more detail thank u

  2. Would like more info. Api numbers and percentage of lease ownership.

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FirstBank, Dr. Adesola Adeduntan

Value of posted assets

Est. over 2+ Billion in assets posted
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