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Oil Producing Acreage For Sale

  • State/Province: KY
  • Country: United States
  • Quantity: 1
  • I Want To: Sell
  • Listed: July 17, 2017 11:18 am
  • Expires: 540 days, 21 hours
jack

Description

Oil Producing Acreage For Sale:

Acerage:

Nearly 9,000 acres in developed oil and gas areas (located in Tennessee and Kentucky- we have all the maps if interested). Our acreage has some producing wells that we have drilled and some old wells that need to be reworked or are producing a little, but many mores available drill sites.

Producing- 900 contiguous acres in South Central KY. We’ve drilled 4 wells total and 3 are producing. One well produced about 11000 bbls last year. One produces about 15 to 20 bbls/day and the other produces a smaller amount. This has been a hot area for the past few years and our acreage here is primo and very desired. The field is known as “Kettle Creek”. There are some old wells that have been shut in or plugged but there is room for hundreds of more wells for future development.

3664 contiguous acres in two different counties in North Central TN. We have only drilled 2 “wildcat wells” on this acreage but both hit oil and are producing currently. Lots of wells in the immediate area and plenty of big wells. This acreage has not been developed and needs to be drilled more to develop some well control. The leases are being held by production. We think as do others that this is one of the last undeveloped major tracts of land in the area and that there are some big ones out there just waiting to be developed. Would entertain offers.

Non-producing- The remainder of the acreage is all around these areas but not adjoining and range in size from over 1000 acre tract to just under 200 acre tract. They all have old wells on them but we have intentions of drilling and just haven’t gotten to them yet. We have plenty of science and have picked out some potential sites as well. All have multiple years left on leases. Would entertain offers.

 

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Listing ID: 626552ebeb9b595b

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