South Louisiana_Prolific Well Remediation

📍 Kaplan, Louisiana 🏔️ Basin: Other 🏷️ Type: Wells (producing / shut-in / DUC)
Asking Price $1,800,000

Description

Return to production two wells that were producing 4000mcfgd and 60 bopd.
One well sanded up. The well has never been gravel packed. The plan is to clean the wellbore out and gravel pack to restore production. Project 1Mmcfgd and 30 bopd. Estimated 2.1Bcfg and 89,000Bo remaining.
Second well was producing 3Mmcfgd and 35 bopd when wellbore became obstructed with sand, shale and scale. The plan is to clean out the wellbore and return to production. Estimated 1 .9Bcfg and 57,000 BO remaining.
The two wells have cumulative production of 9Bcfg and 370,000 BO.
The is also a PUD sidetrack from well one targeting the sand in the second with 180 acres updip. Estimated reserves of 7Bcfg and 250,000 BO
Operator has 20 years experience in South Louisiana and has managed over 75 projects with $275MM in CAPEX.

Listing Details

Asset ClassWells (producing / shut-in / DUC)
Development StageDevelopment
Depth13,000 ft
Listed ByReata Mineral Management LLC