Business For Sale Listing 153486
Shallow Oil Production in Texas
Status as of Dec-1-2008 at 06:00 PM: Off The Market
Business Summary
Up to 15,000 acres of known shallow oil production in 1000 ft or less. There is usally 3 to 6 payzones in the first 1000 ft but water flood is needed to pressurize the oil pay zones. Cost per well is about $1000,000 or less, a well is drilled per every 5 acres, if this is an area of interest to any group I can send documents via e-mail. Location is Texas.
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