Oil & Gas wells for sale

Offshore oil blocks situated in South America are currently available for acquisition. These blocks boast substantiated, abundant reserves of oil and gas. SOLD

Multiple oil & gas wells located in West Texas.

20 acres with mineral oil & gas state rights. 1 mile away from newly discovered oil & gas sites in the Oro Grande, west Texas. As of February 2020, Mike Mullen, the founder and president of Stimulation Petrophysics Consulting, estimated that the Orogrande basin in West Texas has 3.7 billion barrels of recoverable oil equivalent.

$1,950,000.00

For more info regarding oil & gas reserves see https://www.hydrocarbons-technology.com/news/torchlight-energy-orogrande-well/

For more info email at : operations@torchlightsenergy.com

LOCATION COUNTY DESCRIPTION
West Texas – Point 2Culberson Net Production (Nov-2021): 17.5 MBOED Est Net Prod (Jan-2022): 23.9 MBOED
West Texas – Point 3Culberson7-wells. 6,103.87-Net Leasehold Acres **Avg 8/8th Production (6-Mn): 923.1 BOED
West Texas – Point 5Reeves and Ward counties6-Wells. ~1,640-Net Leasehold Acres. Production: 175 BOPD & 446 MCFD
West Texas – Point 6Reeves57-Hz PDP Wells. 5,400-NRA