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Deal Summary
Energy Advisors Group has been retained by a Private Seller to market their small package containing
4-Wells. 1-Producing, 1-Shut In & 2-SWDs with a net cash flow of ~$18,800/Mn. The package is located in Vermillion Psh., South LA in the Bayou Hebert Field and has NonOp WI and Overrides for sale. There was a recent workover in November 2019.
On the 2-Wells
The Seller can deliver 2.5% NonOp WI & 0.77% ORRI (103% Lease NRI). During September 2019, the Broussard 1 ST#3 well had a gross production of 181 BOPD & 9,113 MCFD and net production of 5 BOPD & 233 MCFD (261 MCFED 6:1).
Broussard 1 ST#3
IP30: 4,653 BOED (89% Gas)
Peak IP: 56,117 MCFED
If you have an interest in this package please contact the undersigned to learn more about the seller expectations.
Asset Highlights
- SOUTH LOUISIANA NONOP & ORRI
- 4-Wells. 1-Producing, 1-Shut In & 2-SWDs
- VERMILLION PSH. BAYOU HEBERT FIELD
- 5% NonOp WI & 0.77% ORRI
- Strong Gas Producer. Work Over in Nov-19
- Large Prod. Facilities & Disposal On-Site
- Operated by PetroQuest Energy
- Highly Porous Het Sands Reservoir
- Gross Production: 10,200 MCFED
- 73% Gas, 20% NGLs & 8% Oil
- Net Cash Flow: ~$18,800/Mn
- 3-Way Trapping Fault w/ 28′ Net Pay
- OP Plans to Perf Additional Zones Uphole
- ACCEPTING OFFERS NOW
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For more information, contact Blake Dornak, A&D Associate, at bdornak@energyadvisors.com or 713-600-0169
