Dagget Lease (Operated Lease)
Lot Number:92
Completed
Start Time:7/23/2020 5:20:00 PM
Bid Count:4
High Bidder:5****0
Starting Bid:$1.00
Bid Increment:$50.00
Current Bid:$126.00
Bidding complete

Operated Lease in Andrews County, TX

API 42-003-35278 (Dagget 1A/Producer); API 42-003-10478 (Dagget 1C/Injector)

This is an injector/producer paring.  The well is on an ESP. The well makes about 10 bopd when run continuously.  Currently selling a load of oil per month,  However, about 5 bopd is lost to the injector because of lack of proper separation.  An effective fix would be to install a gun barrel to get this well to 15 bopd.  The current operator has spent $40k on injection pump rebuilds and site improvements.  The wellsite is automated with auto high level and high pressure discharge ESDs.  Seller will also consider bids for a non-operated working interest (min 50%) as well and maintain operatorship.


County:Andrews
State:TX
Operator:FX Energy Operating, LLC
Acres:80 nma
Legal Description:W/2 NE/4, S5, B A-49, PSL Survey
GWI:100%
NRI:75%
Monthly Net Income:$3,150.00
Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION
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