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Oil & Gas Opportunities: Buy & Sell Drilling Prospects & Wells. | Oil & Gas Opportunities: Drilling Prospects. Wells.

Category: Oil & Gas Opportunities: Drilling Prospects. Wells.
Owner Information
Owner: Brad Wisbey
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Details
Closest Town/City: Temple
Province/State: Oklahoma
Country: USA
Gross Acreage: 40
Net Mineral Acres: 40
Legal Description: Cotton County Oklahoma 7 miles north of the Red River.
Comment: This drilling prospect is at 1320 feet. Oil field to the south right across the road, 90% of those oil wells 100-250 bopd. Currently there are 7 oil wells producing in that oil
field that is over 70 years old. This 40 acre lease has never been drilled and is 30 feet higher in elevation than the oil field to the south. I look for the first drilled well to come in at 100+, with a life span of 50+ years. I'm a Texas/Oklahoma field trained geologist since 1975. (Oil always travels to the highest point, that's a fact). Asking $165,000 for this 40 acre lease.
Image:

Latitude: 14S0564144E 3789711N Longitude:
Expiration Date
06-15-2019
Date Posted
03-17-2019

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