Sarah E Corbett 2 Royalty Interest
Lot Number:86
Completed
Start Time:7/23/2020 5:20:00 PM
Bid Count:10
High Bidder:1****3
Starting Bid:$1.00
Bid Increment:$50.00
Current Bid:$850.00
Bidding complete

Royalty Interest in Oklahoma County, OK

4.50 NMA HBP at 1/8th Royalty by the Sarah E Corbett #2 well operated by RC Taylor Operating Company, LLC.  Being sold is .003516 RI in this well.  In 2019 the well made 632 BO and 21,479 MCF.  That's daily averages of 1.75 BOPD and 59 MCFD.  At today's prices that would make $17 per month net to this interest.  We haven't seen a check yet due to operators $100 minimum.  See Decline Curve in the data package.  This is a low decline, long lived asset.


Operator:RC Taylor Operating Company, LLC
County:Oklahoma
State:OK
Legal Description:NE Sec 17-13N-3W
Decimal Interest:0.003516
Monthly Net Income:$17.00
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
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