NEW ASSIGNMENT | Kansas Sale Package | DaMar Resources Energy Advisors Group has been retained to market DaMar Resource's portfolio situated in the Central Kansas Uplift trend. This portfolio includes 126 active wells which tap into the well-established Arbuckle, Mississippian, Lansing and Kansas City formations. The package generates solid cash flow from conventional oil production in the heart of the Arbuckle trend. Online Data Room: https://lnkd.in/g7Ye_sEp Sale Package Highlights: - CENTRAL KANSAS SALE PACKAGE - 126-Active Producers, 4-Inactive & 19 Service Wells - Majority In Ellis & Ness Co., KS – 11,581 Gross/Net Acres (99% HBP) - CONVENTIONAL SHALLOW OIL (SHALLOW DECLINE) - ARBUCKLE, MISSISSIPPIAN, LANSING & KANSAS CITY FORMATIONS - 100% OPERATED WI; 84% NRI For Sale - Gross Production: 513 BOPD; Net Production: 422 BOPD - Current Net Cash Flow: >$550,000/Mn - Engineering Highlights Net PDP PV-20 of $21,324,310 - ~40 Documented & Immediate Identified Recompletions You can contact Richard S Martin ([email protected]) or Ali R. ([email protected]) for more information on this offering or visit EAG’s website at https://lnkd.in/epPqcEZ to view our other assignments. Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research & Thought Leadership: https://lnkd.in/g6mjMQ8p #kansas #midcontinent #operated #oil #divestment
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With money being expensive, high ROI & IRR projects are in demand. Check out EAG's recent study on ReFracs in the Haynesville.
Energy Advisors Group has released a Special Supplement ReFrac Report focused on horizontal wells in the Haynesville/Bossier formations as an addition to our Original Hayesville Report issued April 12, 2024. This Report evaluates the performance of every Haynesville/Bossier ReFrac/Recompletion (199 wells or just 3% of Haynesville/Bossier horizontal wells drilled). It concludes that ReFracs are coming in at 90% of original completion rates and 75% are estimated to have payback in <12 months. Download The Haynesville Supplement Report Here: https://lnkd.in/gyVhWFS5 If you missed our Haynesville/Bossier basin study, you can find it here: https://lnkd.in/guK5cBPs Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #haynesville #bossier #easttexas #louisiana #oilandgas #study #research #capitalmarkets #mergersandacquisitions
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Energy Advisors Group has released a Special Supplement ReFrac Report focused on horizontal wells in the Haynesville/Bossier formations as an addition to our Original Hayesville Report issued April 12, 2024. This Report evaluates the performance of every Haynesville/Bossier ReFrac/Recompletion (199 wells or just 3% of Haynesville/Bossier horizontal wells drilled). It concludes that ReFracs are coming in at 90% of original completion rates and 75% are estimated to have payback in <12 months. Download The Haynesville Supplement Report Here: https://lnkd.in/gyVhWFS5 If you missed our Haynesville/Bossier basin study, you can find it here: https://lnkd.in/guK5cBPs Please reach out to Brian J. Lidsky ([email protected]) or Blake Dornak ([email protected]) to learn more about this report or any of EAG's other market monitor research studies. We are working hard to expand our thought leadership and look forward to providing additional market insight for our clients through regional perspectives, M&A analysis and market monitor. Current Assignments: https://lnkd.in/epPqcEZ Qualifications & Capabilities: https://lnkd.in/gUKH7wuV Research/Perspectives: https://lnkd.in/g6mjMQ8p #haynesville #bossier #easttexas #louisiana #oilandgas #study #research #capitalmarkets #mergersandacquisitions
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LARTO & FORSTER#1 - RE-ENTRY WELLS - OPEN FOR FUNDING NOW! The project consists of 3 re-entry wells + 2 SWD, all with previously active production and proven reserves. Expected production: 22 Bbl/day. Working Interest up for sale: 15 % @ $7500 per percent Net Revenue interest per percent is 0.70 %. Expected Payout: Est. 13 months, with depreciations Type: None-operated working interest - Direct investment in wells and equipment State: Louisiana approx. 2.5 hour drive from Lafayette Fields: Larto Lake & Forster Note: The project consists of 3 oil wells + 2 swd, but for those who participate. There will be an option to participate in up to a further 15 - 20 wells on a "first right of refusal" basis, all wells are re-entry. See the video from cleaning the tank battery area etc. https://lnkd.in/dqasbpby Want to get more information get in contact. #investing #oilandgas #lowrisk #Shallow #louisiana #producing #401k #monthly #revenue #EnerGyneResources #energyindustry #energy
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Off the Beaten Path Following up on our post from Tuesday, Reese Energy Consulting today is following news from producers who are finding oil and gas magic on the fringes of core-basin plays. In an article earlier this month, Hart Energy featured Denver-based Bayswater Exploration and Production, which aside from its assets in the DJ and Powder River, also operates 48,000 acres in the Permian’s Northern Midland. Here, targeting the Wolfcamp and Spraberry, Bayswater is striking paydirt the farther east it explores. Call it extending the extensions. With a strategy to develop tier-2 acreage positions that could ultimately deliver tier-1 performance, the company first went to work in Howard County, Texas, near Mitchell County, where high levels of carbonates comprised of limestone and dolomite have tended to discourage drilling. Not so for Bayswater, which discovered a rich hydrocarbon environment in the carbonate/shale reservoir, completing its first well in 2021 with initial production of nearly 1.3 MBPD and cumulative production of 430+ Mbbls. Now three years later, Bayswater has moved farther east into Mitchell County, reporting even higher production and drilling six more 2.5-mile laterals with completions slated this summer. Speaking of step outs, gas producers Comstock Resources and Aethon Energy continue their “victory is mine” exploration and development of the Western Haynesville—an extension now aptly christened Waynesville. Aethon, whose newest well in Robertson County, Texas, produced nearly 3.3 BCF in the first four months of production last fall, can’t get enough of Wayne’s world and is now on the hunt for more. What do you think? Learn more about REC and our crude oil and natural gas consulting services in the Permian and Haynesville at https://lnkd.in/ebXT2mS. #energy #drilling #oilandgas #reeseenergyconsulting
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Selling 50+/- net mineral acres out of 130.20+/- gross acres in Liberty Township, Susquehanna County, Pennsylvania. A portion of this tract is in the Southwestern Energy—Webster Unit. The Seller is selling 50+/- net mineral acres that are not included in this unit. Operators are circling back and redrilling old pads. The purple lines/laterals are producing wells—the dark purple show newer production and the light purple show older production. Operators are also drilling Upper and Lower Marcellus. Southwestern Energy could capture this acreage when they drill new laterals off the Webster or Herman well pads. For more details contact William F. Smith, JR at 412-999-7612 or [email protected] #drilling #marcellusshale #uppermarcellus #lowermarcellus #oilandgas #usenergy #pipelines #wesellmineralrights #webuymineralrights #investmestopportunity #1031exchange #realestate
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In an exclusive interview (https://lnkd.in/eVFze84n) with Bart Joppe, Baker Hughes underscores the critical need to extract more from mature oil and gas assets. Let’s explore why this direction matters and how it impacts today’s energy markets: 1. 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐢𝐧𝐠 𝐄𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬: • 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐮𝐬 𝐐𝐮𝐨: Abandoning mature wells prematurely can be costly. Baker Hughes suggests leveraging cutting-edge technologies to extend the life of these assets. • 𝐇𝐲𝐝𝐫𝐨𝐜𝐚𝐫𝐛𝐨𝐧 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲: By introducing Enhanced Oil Recovery (EOC) methods and facility management innovations, operators can significantly improve hydrocarbon recovery rates. This supports better utilization of existing facilities and infrastructure. 2. 𝐒𝐮𝐫𝐟𝐚𝐜𝐞 𝐌𝐮𝐥𝐭𝐢𝐩𝐡𝐚𝐬𝐞 𝐏𝐮𝐦𝐩𝐢𝐧𝐠, 𝐌𝐮𝐥𝐭𝐢𝐩𝐡𝐚𝐬𝐞 𝐆𝐚𝐭𝐡𝐞𝐫𝐢𝐧𝐠 𝐚𝐧𝐝 𝐌𝐮𝐥𝐭𝐢𝐩𝐡𝐚𝐬𝐞 𝐁𝐨𝐨𝐬𝐭𝐢𝐧𝐠: • 𝐓𝐢𝐦𝐞𝐝 𝐓𝐰𝐢𝐧 𝐒𝐜𝐫𝐞𝐰 𝐏𝐮𝐦𝐩𝐬: Surface multiphase pumping technology, using timed twin screw pumps, allows for lower gathering and wellhead pressure. This results in better well inflow and improved working conditions for downhole pumps and plungers. • 𝐑𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐆𝐇𝐆 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬: Multiphase gathering and boosting simplifies facility and process equipment, contributing to overall lower greenhouse gas emissions by eliminating flaring and venting. Baker Hughes’ recommendation of extracting value from mature assets aligns with the industry’s drive toward sustainability and efficiency. By embracing new advanced solutions, we can optimize production while minimizing environmental impact. 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐌𝐮𝐥𝐭𝐢𝐩𝐡𝐚𝐬𝐞 𝐏𝐮𝐦𝐩𝐬: https://lnkd.in/dQBiycxe #leistrtiz #multiphasepumps #oilproduction #gatheringandboostingsystem #pumpsolutions #pumpsystems
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Kansas isn't just about beautiful plains and agriculture. 🌻 It has a rich and lesser-known history in the oil and gas industry that has significantly shaped the state. Ranked as the 11th leading oil producer in the U.S., Kansas thrives on local, independent producers and marginal wells. 🏭 Warren Martin, Executive Director of Kansas Strong, sheds light on how this industry has driven economic growth and played a crucial role in global events like WWI. From the early oil booms to today's advanced drilling techniques, Kansas continues to be a key player in meeting energy demands. 💡 Get the story on how Kansas' oil and gas industry has transformed the state and what the future holds! 👉 Read the article here: https://lnkd.in/gNwMxQKZ #KansasOil #EnergyHistory #KansasStrong #OilAndGas #IndependentProducers #MarginalWells #EconomicGrowth #EnergyInnovation #WarrenMartin #KansasEconomy #OilIndustry #EnergyEducation #CommunityDevelopment #SustainableEnergy #EnergyFuture
Kansas Strong: Strength Through Reliable Oil and Natural Gas is More Than a Tagline! - OILMAN Magazine
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North Dakota has hit a new milestone with over 19,000 producing wells. Assistant Director of the Department of Mineral Resources, Mark Bohrer, shared that the state reached a record-breaking 19,079 wells in May. While oil production dipped slightly by 3.9% due to May's road restrictions, gas production increased by 5%, showing positive momentum. The rig count is holding steady at 37. Looking ahead, 20 wells are awaiting completion, which will likely push production numbers even higher. Despite some fluctuations, North Dakota's energy sector remains strong, producing 1.9 million barrels of oil per day. North Dakota’s energy landscape continues to evolve and impress. Stay tuned for more updates on the exciting developments in the industry! #EnergyInnovation #EnergyConsulting #DickinsonND #Bakken #OilAndGas #LandServices #Landman #NorthDakota #NDProud #NDStory #BJK
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88 Energy Quarterly Activities Report - Q2 2024 ➡️ We're excited to share progress over the last three months at 88 Energy. Here’s a snapshot of our key highlights for the quarter ending June 30, 2024: 🔹 Project Phoenix (~75% WI) - Dual Success at Hickory-1: Both Upper Slope Fan System (USFS) and Shelf Margin Deltaic (SMD) reservoirs flowed light oil: - USFS: Peak flow rate of over 70 bopd - SMD: Peak flow rate of ~50 bopd - Next Steps: Post-well analysis, independent resource assessment, farm-out process, and potential horizontal flow test planning. - Monetisation Potential: Capital-light modular Early Production System and multi-reservoir production capability. 🔹 Project Leonis (100% WI) - Maiden Resource Estimate: Net mean of 381 million barrels of oil in Upper Schrader Bluff (USB). - Next Steps: Permitting and planning for the Tiri-1 exploration well, with farm-out underway for 2026 drilling. 🔹 Namibia PEL 93 (20% WI) - 2D Seismic Program: Successfully completed with 203-line km acquired. - Upcoming: Final data interpretation, resource estimate, and drilling location identification. 🔹 Project Longhorn (~65% WI) - Production Boost: Increased to 456 BOE per day in June, up from 328 BOE per day in Q1. - Cash Flow: Received A$0.5M distribution in June. 🔹 Corporate Highlights - Cash Balance: A$7.9 million with ongoing payments and a successful A$9 million share placement. - Fully Funded: Budget secured for the next twelve months. We’re on track and poised for significant advancements in our projects. Stay tuned for more updates as we continue to drive our growth and exploration forward! 🌍💡 Read the full announcement here ➡️https://bit.ly/4cXLli5 #88Energy #88E #EnergyInnovation #QuarterlyReport #ProjectUpdates
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Kennibar Resources Ltd. (“Kennibar”) has retained Trimble Energy Group (“TEG”) as its exclusive financial advisor to assist with the marketing of its Fee Title Land and Royalty Interests in Alberta and Saskatchewan (the “Properties”). DIVESTITURE OVERVIEW · In Alberta, Kennibar holds fee title interests in an aggregate of 4,389 acres (~ 6.85 sections) and receives lessor royalty revenue of approximately $2,300 per year from the Herronton/Arrowwood area. Additional revenue from the area is expected to recommence in May 2024. · There is potential for additional revenue from the Alberta properties in the Duvernay and Sparky Formations due to offsetting production and potential for pooling of land. There are a number of producing formations that are proximal to Kennibar’s unleased fee title. · In Saskatchewan, Kennibar holds fee title interests and various GORR interests in an aggregate of 2,120 acres (~3.3 sections). Kennibar’s Saskatchewan properties provide the majority of its lessor royalty and GORR revenue. In 2023, Kennibar received approximately $173,000 in revenue from wells producing from the Alida, Midale and Watrous Formations. There is drilling upside on the fee title and/or the GORR interests held by Kennibar. For more information visit Trimble Energy Group’s website at www.trimbleenergygroup.com or contact Ryan Ferguson Young, Executive Vice President of TEG at [email protected] or (403) 615-2975.
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