Shallow Gas_3D Generated_Lavaca County

📍 Ezzell, T 🏔️ Basin: Other 🏷️ Type: Oil & gas leases (E&P)
Asking Price $1,500,000

Description

Three (3) wells in highly prolific Central Lavaca County. Depths of 4000',4000' and 2000' with 4Bcfg potential. Up to 2 more locations possible.
Multiple Frio and Miocene sands are the primary targets.
3D and subsurface (showing bypassed pay). Easy drilling/completion. Readily available markets/infrastructure for immediate sales.
Two Analogous fields in the immediate targeting these sands made 6 Bcfg from 12 completions.
One well is projected to intersect multiple sands in a structural positions that will allow for a dual completion to accelerate cash flow and payout.
Experienced generator/operations team with 100+ years experience and solid track record in the immediate area including one of the analogous fields mentioned above.
Selling up to 75% WI.

Key Metrics & Technical Specifications

75% Working Interest
25% Royalty Rate

Listing Details

Asset ClassOil & gas leases (E&P)
Development StageExploration
Depth4,000 ft
Listed ByReata Mineral Management LLC