Business Summary:
NW Louisiana Oil Producing Company for Sale For $975.000!
The breakdown of this company is as follows:
35 barrels/day production; shallow wells; 1/3 of production has 75% revenue interest & the other 2/3 has 82% revenue interest; 22 gravity oil; 52 wells producing; 30 wells that could be put back into production; all wells within 1 square mile, easy access; new central tank battery; all new flow lines; upgraded electrical system with automatic lease shut-down to prevent spills..
The expenses & figures relative to the production are : Electric bill for this operation is roughly $8,000.00 per month;- Chemical bill is $1,500.00 per month; Well servicing runs approx. $6,000.00 per month; Example of what these wells currently bring in: One month in 2009 oil sales totaled 858.56 barrels & sold for $66.958 per barrel which would be $57,487.46. In addition to the 51 listed above there are 31 that could be put back into production, about half of which have tubing & rods. There are 7 salt water disposal wells, 5 we use & the other 2 need repairs. To put all wells back into production, someone would have to spend another $150,000.00 -$200,000.00. The operating cost above does not include labor or transportation for checking wells and treating wells with chemical. Interested? Please contact us now for more information.
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