Business For Sale Listing 148812
Producing Oil Field-600 Acre Active Water Flood
Status as of Oct-10-2008 at 06:00 PM: Off The Market
Business Summary
600 Acre Unitized Water Flooded Production (Payne County Oklahoma)
4 producing wells
4 injection wells
1 water supply well
Tank Battery ( 4 Oil tanks, 4 Water tanks and Tri-plex pump)
Equipment to be sold is in good condition with a replacement value of $4,000,000+
The 4 Skinner wells in this unit are currently producing 10 bbls per day. There is another well that can be converted to an oil well and there is a proposed location for a new well. There are 2 prospective producing zones at 100' and 1000' below the current producing zone. There are also several zones of interest behind the pipe.
Projections for the project are 50 to 150 bbl/well/day.
Motivated Seller is asking for 7.5 million and a 3% ORRI for the entire project.
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Industry
Location
Financials
| Sales: |
Not Disclosed |
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Not Disclosed |
| Profit Type: |
Not Applicable |
| Asking Price: |
Between $5 Million and $7.5 Million |
