McKenna Operated Lease
Lot Number:22
Completed
Start Time:6/30/2022 7:30:00 PM
Bid Count:14
High Bidder:S****l
Starting Bid:$100.00
Bid Increment:$250.00
Current Bid:$5,100.00
Bidding complete

NO RESERVE!  Lease #136777; API: 15-065-23025.  Formation: Arbuckle.  Field Name: Harold West. Oil Purchaser:  CHS McPherson Refinery, Inc.

The well was shut-in for months during 2020.  In 2021, we produced it off and on during the year, but we ran into a couple of tubing leaks.  We removed the current equipment and planned to go back in with a Progressive Cavity (PC) pump to move more fluid.  Oil cut and barrel tests indicated we needed to move around 600 to 800 barrels of fluid.  With other priorities, we stopped there.  With the proper equipment to move more fluid, this Arbuckle well has the potential to make 3 BOPD, but it is not guaranteed.  The tank battery set comes with the well, you will need to add the above hole and down hole equipment to get it back to pumping.  Electrical hookups are already in place, but you will need a new control box.  

2 year SWD infrastructure and agreement in place.  SWD fee of $0.12 / bbl with a minimum of $400 month and a max of $900 month.


County:Graham
State:KS
Operator:New Age Oil LLC
Acres:160
Legal Description:SE Sec 30-9S-21W
GWI:100%
NRI:87.5%
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
No donations for this lot
Kansas
United States