Winning bidder of Lot 1022 has the option on this lot.
This is a 15 well ORRI plus 1 permitted well located in Howard County, Texas. Operated by Laredo Petroleum, Inc. and Trilogy Operating of Midland, Texas.
- Trentino 36-37 (Alloc -C) 3SA, 3SB 3SS – API # 42-227-40548 – 42-277-40549 – 42-227-40550 (Lease #421054521)
- Trentino 36-37 (Alloc-D ) 4SB & 4SS – API # 42-277-40642 – 42-277-40643 (Lease #421054477)
- Trentino 36-37 (Alloc – DA) 4SA – API # 42-277-40461 (Lease #421054698)
- Trentino 1 & 2 API # 42-277-36197 – 42-277-36516 (Lease #421039537)
- Trentino 36 3 API # 42-227-36665 (Lease #421042290)
- Whitmire 36-37 (Alloc – G) 7SA & 7SB – API # 42-227-40560 – 42-227-40562 (Lease # 421054911)
- Whitmire 36-37 (Alloc – H) 8SA & 8SB – API # 42-277-40650 – 42-227-40651 (Lease #421055408)
- Whitmire 36-37 (Alloc - F) 6SA & 6SB – API # 42-227-40558 – 42-227-40559 (Lease #421054740)
This lot is being split into two separate lots. Revenue stated below is for both lots.
Revenue:
06-2021 $728.50
07-2021 $850.98
08-2021 $777.15
09-2021 $843.51
$3,200.14 (Average $800.04 per month for both lots)
$1,400.07 PER LOT (Average $400.02 per month)
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