28 Producing Wells, 2 new Drills turn key
📍 Creek County, OK
🏔️ Basin: Other
🏷️ Type: Wells (producing / shut-in / DUC)
Asking Price
$2,962,500
Description
Producing oil & gas opportunity in Creek County, Oklahoma (Cherokee Basin).
Project Overview:
~1,000-acre lease (owned) (space for 100+ more wells)
28 well reworks + 3 tank batteries + 2 new wells
Existing infrastructure and active production
Production ramp: ~12 BOPD → ~300+ BOPD
Investment:
$39,500 per unit =1% WI = .75 NRI
75 units (~$2.96M raise)
Returns (projected):
~13-month payback (conservatively)
~2.2x over ~3 years
Monthly distributions
Money back in a year, then all profit
Structure:
75% of net revenue until 2x capital returned
25% for 24 months (30% for first 30 units)
12% thereafter
Highlights:
Producing field with defined rework plan
Shallow wells (~3,200 ft)
Prior operator involvement
Turnkey structure
Happy to share overview or full deck if of interest.
Project Overview:
~1,000-acre lease (owned) (space for 100+ more wells)
28 well reworks + 3 tank batteries + 2 new wells
Existing infrastructure and active production
Production ramp: ~12 BOPD → ~300+ BOPD
Investment:
$39,500 per unit =1% WI = .75 NRI
75 units (~$2.96M raise)
Returns (projected):
~13-month payback (conservatively)
~2.2x over ~3 years
Monthly distributions
Money back in a year, then all profit
Structure:
75% of net revenue until 2x capital returned
25% for 24 months (30% for first 30 units)
12% thereafter
Highlights:
Producing field with defined rework plan
Shallow wells (~3,200 ft)
Prior operator involvement
Turnkey structure
Happy to share overview or full deck if of interest.
Key Metrics & Technical Specifications
1,000
Acres
1%
Working Interest
Listing Details
| Asset Class | Wells (producing / shut-in / DUC) |
|---|---|
| Development Stage | Producing |
| Depth | 3,200 ft |
| Listed By | Wildcatters |