Robison Producing Royalties

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Lot Number:100

Completed

Start Time:12/1/2021 7:30:00 PM

End Time:12/10/2021 7:31:04 PM

Bid Count:35

High Bidder:5****9

Starting Bid:$100.00

Bid Increment:$250.00

Current Bid:$9,000.00

Bidding complete

NO RESERVE!! Lease: ROBISON
Cumulative Production: 2936174.4 barrels (from 1965 to 2021)
KS Dept. of Revenue Lease Code: 101707
KS Dept. of Revenue Lease Name: ROBINSON,L.W. A

Explored and found in the mid 1960's, this lease has consistently produced very good oil production. It is Arbuckle production - very steady. The lease has a cumulative production of 2,936,174.1 bbl from 1965 to the present.

2014 it produced 4,772 bbl
2015 it produced 4,735 bbl
2016 it produced 4,731 bbl
2017 it produced 4,524 bbl
2018 it produced 4,606 bbl
2019 it produced 4,677 bbl
2020 it produced 4,230 bbl (COVID)

The 7-year average, including the worst year on record for oil prices, is 12.63 bopd.

Operator:Vess Oil Corp.

County:Butler

State:KS

Legal Description:SW NW SW Sec 31-25S-5E

Decimal Interest:0.00462970

Monthly Net Income:$108.05

Additional Information:CLICK ON THE DOCUMENTS TAB FOR MORE INFORMATION.

No donations for this lot

Butler County, KS,
United States

Lot Documents:

Data_Packet_BidEx_Lot_100_Robison_RI.pdf

3.4 MB

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