Texas Oil Deal Estimated 20 BOPD $350k.

There are five existing producers and one injection well on a 235 acre lease. The five wells have produced over 20 barrels of oil per day. The lease is 10 miles southeast of Abilene, Texas in Taylor County. Three wells are equipped and two need equipment.

NRI: 80%
Acres: 235

With a $40 per barrel oil price the wells will payout in 25 months with a 40% Internal Rate of Return. The present value at a 10% discount is $1.4 million. The economics used a 20 barrel of oil per day assumption with production beginning in October 2016.


Initial Production – 600 BOP month
LOE - $6,500 per month
Oil Price - $40 per barrel escalating at 6% per year
Oil Decline Rate – 1% per year
Working Interest – 100% BPO Net Revenue Interest 80% BPO
Working Interest – 75% APO Net Revenue Interest 60% APO
Ultimate Reserves – 129,000 Barrels Investor Owned Reserves – 90,000 Barrels

Exceptional Price $350,000.00

Posted Oct 3, 2016

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