Home » Businesses For Sale » Oil & Gas Extraction » Kansas » Listing BFS-174222

Kansas Production W/ Reworks and Infield Drilling

NEVER A DRY HOLE. Producing out of two formations, the cattleman’s and the squirrel. The average depth is approx 980 ft. These wells come in at 10-15 bopd and decline to .50-1 bopd. There is approx 155 well bores on the leases and only 50 producing wells. Equipment and tanks in good shape most all wells have jacks on them with pipe in the hole waiting for reworks. There is a great deal of upside, I would say a minimum of 35 good drilling locations. All drilling is offsets and infield. There is potential for gas as well. Current production is 45 bopd you could pick up 25-30 bopd quick with some reworks, costing approx 3-4000 per well. This is a great place to test a deep well or a horizontal. 100% wi and 87.5 nri. There are 9 leases and 2000 acres.Most wells were drilled in the 90’s. This lease is clear of any liability. Have logs and run tickets. Principals only.