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DON’T BE LEFT OUT IN THE COLD
DECEMBER 12, 2019
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MCEE is proud to have properties in this auction operated by the following list of operators!
Abraxas Petroleum
Bear Petroleum
Berry Petroleum
Borger Resources 3, LLC
Camino Natural Resources, LLC
Central Operating, Inc.
Charter Energy, Inc.
Claassen Oil and Gas, Inc.
Darrah Oil Co
Devon Energy Corp
Foundation Energy
Indian Oil Co., Inc.
L D Drilling, Inc.
McGinness Oil Company of KS, Inc.
Molitor Oil, Inc.
Noble Energy
Palomino Petroleum
Pride Energy
Ritchie Exploration Inc
Schulz Oil & Gas, Inc.
Shoal Exploration, Inc.
Snyder Partners
Square Mile Energy LLC
Tapstone Energy LLC
Te-Pe Oil & Gas
Travis Operating, LLC
Vess Oil CorporationXTO Energy, Inc.
Abercrombie Energy, LLC
Atlas Operating, LLC
Beehive Operating, LLC
Black Gold Oil Co., Inc.
Buckeye West, LLC
Castle Resources Inc
Charles N. Griffin
Chesapeake Operating LLC
CMX, Inc.
Davis Petroleum
Encana
Griffin Management, LLC
Kaiser Francis
Mac E&P
Mewbourne Oil Company
New Century Operating, LLC
O'Ryan Oil and Gas
Peak Operating LLC
Questa Energy Corp
Sage Natural Resources
Scout Energy Mgmt LLC
SLO Oil/Cortam Inc.
Spindletop Oil & Gas
Sunflower Energy
Tengasco Inc
Trans Pacific Oil Corp
Unit Petroleum
Western Pacific Farms, Inc.
MID-CONTINENT ENERGY EXCHANGE
Oil and Gas Asset Auctions
Table of Contents for December 12, 2019 Auction
As of 12/11/2019 12:41:52 PM
Click on the lease name link to see the dataroom documents.
Lot Lease Name Interest Type OperatorCounty/State
1 Barbara 2, 5 Overriding RI Indian Oil Co., Inc.Barber KS
2 Federal - Multi Well Lease Royalty Interest Berry PetroleumDuchesne UT
3 Witherbee Overriding RI Borger Resources 3, LLCMoore TX
4 Breitenbach Operated Lease Questa Energy CorpEdwards KS
5 Hillery 1 Overriding RI Palomino PetroleumLogan KS
5.1 Hillery 1 Overriding RI Palomino PetroleumLogan KS
6 Bertrand, Howard, Renner Operated Lease Questa Energy CorpThomas KS
7 Sample Royalty Interest Peak Operating LLCSedgwick KS
8 REMOVED - Federal 12-18 Partial Working Interest
Mac E&PNiobrara WY
8.1 ML 6_7-14N-9W 4HX Royalty Interest Devon Energy CorpCanadian OK
9 Ash 1-26, Gladys 1,2 Partial Working Interest
Charles N. GriffinBarber KS
10 Wheatley Operated Lease Claassen Oil and Gas, Inc.Meade KS
11 REMOVED - Bartender Partial Working Interest
CMX, Inc.Barber KS
12 Schweitzer Royalty Interest Shoal Exploration, Inc.Graham KS
13 Wood Overriding RI Griffin Management, LLCEdwards KS
14 DeWerff B2 Operated Lease Te-Pe Oil & GasBarton KS
15 DeWerff B Royalty Interest Te-Pe Oil & GasBarton KS
16 Swob Overriding RI Bear PetroleumRush KS
17 Bell 1-3 Partial Working Interest
Snyder PartnersBeaver OK
18 Nelson B Operated Lease Schulz Oil & Gas, Inc.Rice KS
19 Swanson Operated Lease Schulz Oil & Gas, Inc.McPherson/Rice KS
20 Anderson B Operated Lease Schulz Oil & Gas, Inc.Rice KS
21 Pickering, Porter Operated Lease Schulz Oil & Gas, Inc.Rice KS
22 Combination of Lots 18, 19, 20 & 21
Operated Lease Schulz Oil & Gas, Inc.Rice, McPherson KS
23 Springer 1,2,3 Partial Working Interest
Charles N. GriffinBarber KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
24 Ginest Operated Lease Sunflower EnergyGray KS
25 Timmerkamp Overriding RI SLO Oil/Cortam Inc.Sedgwick KS
26 Sharon Lease Partial Working Interest
Charles N. GriffinBarber KS
27 Springer B1, B2 Partial Working Interest
Charles N. GriffinBarber KS
28 Sharron 5B Partial Working Interest
Charles N. GriffinBarber KS
29 Cook 1-17 Partial Working Interest
Spindletop Oil & GasHarper OK
30 Andrea Fisher 2, 3B Overriding RI Indian Oil Co., Inc.Barber KS
31 REMOVED - Rodgers Partial Working Interest
CMX, Inc.Woods OK
32 Hogan Operated Lease Tengasco IncOsborne KS
33 Wood 1,2 Partial Working Interest
Charles N. GriffinEdwards KS
34 Springer 1,2,3 Overriding RI Charles N. GriffinBarber KS
35 Crouse, Frantz Partial Working Interest
Pride EnergyWoods OK
36 Maier Operated Lease Tengasco IncOsborne KS
37 Sherry 1-9, 2-9, 3-9 Partial Working Interest
Charles N. GriffinBarber KS
38 Rynerson 2 Overriding RI Indian Oil Co., Inc.Barber KS
39 Mayo 1-32 Partial Working Interest
Unit PetroleumBeaver OK
40 Sharron 1 Overriding RI Griffin Management, LLCBarber KS
41 Colleen 1 Partial Working Interest
Charles N. GriffinBarber KS
42 Deats-Holmes Royalty Interest Travis Operating, LLCGalveston TX
43 Shapiro 14-1H Partial Working Interest
Foundation EnergyBillings ND
44 Tullamore, White, Mueggenborg, Stitt
Royalty Interest VariousKingfisher OK
45 Jean 3 Partial Working Interest
Charles N. GriffinBarber KS
46 Springer B, B1 Overriding RI Griffin Management, LLCBarber KS
47 Sumpter 1-27 Partial Working Interest
Kaiser FrancisRoger Mills OK
48 Springer Lease Overriding RI Griffin Management, LLCBarber KS
49 VooDoo 1-22 Partial Working Interest
XTO Energy IncBillings ND
50 Hobrock Operated Lease Tengasco IncOsborne KS
51 Herl Partial Working Interest
Castle Resources IncEllis KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
52 VGM 1, Thompson SWD Operated Lease McGinness Oil Company of KS, Inc.Kiowa KS
52.1 Keller A-1 Operated Lease McGinness Oil Company of KS, Inc.Kiowa KS
52.2 Keller 1, 2 Operated Lease Molitor Oil, Inc.Kiowa KS
53 Gruber Overriding RI Buckeye West, LLCBrown KS
54 Titan Federal 1-28 Partial Working Interest
Abraxas PetroleumBillings ND
55 Woodward County Minerals Minerals Woodward OK
56 Bringleson, Greyson, Brecken Royalty Interest Noble EnergyWeld CO
57 Herrmann Overriding RI Buckeye West, LLCBrown KS
58 Camargo Ranch MD HC, PA HC, Dean AP HC, NC H, Loreta NC HC, PA HC
Royalty Interest Mewbourne Oil CompanyDewey OK
59 Gardner 1-6 Minerals Kaiser FrancisWoods OK
60 Shaw Creek Waterflood Unit Operated Lease Charter Energy, Inc.Trego KS
61 Woodward County Minerals Minerals Woodward OK
62 Barby 1-36 Partial Working Interest
Darrah Oil CoBeaver OK
63 Addie, Cambrie Overriding RI Griffin Management, LLCPratt KS
64 Becker Operated Lease Trans Pacific Oil CorpRooks KS
65 Lincoln County Minerals Minerals Lincoln CO
66 Evaline 1-5 Partial Working Interest
Chesapeake Operating LLCWoodward OK
67 Jackson 2-17 Partial Working Interest
Camino Natural Resources, LLCGrady OK
68 Caddo County Minerals Open Minerals Caddo OK
69 Rawson 1-14 Partial Working Interest
Chesapeake Operating LLCWoods OK
70 Garrison Partial Working Interest
Castle Resources IncTrego KS
71 Okmulgee County Minerals Open Minerals Okmulgee OK
72 Kay County Minerals Open Minerals Kay OK
73 Boates Partial Working Interest
Abercrombie Energy, LLCBeaver OK
74 Couse 1-30 Overriding RI L D Drilling, Inc.Rooks KS
75 Armbrister Partial Working Interest
Castle Resources IncEllis KS
76 Adams, Mohler Operated Lease Trans Pacific Oil CorpMeade KS
76.1 Mohler Royalty Interest Trans Pacific Oil CorpMeade KS
77 Smith-Tromer P Partial Working Interest
Ritchie Exploration IncBarton KS
78 Lukens 1 Partial Working Interest
Charles N. GriffinBarber KS
79 Scott County Minerals Open Minerals Scott KS
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
80 Greeley County Minerals Open Minerals Greeley KS
81 Ocho Juan Unit Partial Working Interest
O'Ryan Oil and GasFisher & Scurry TX
82 Reno County Minerals Open Minerals Reno KS
83 Creek County Minerals Open Minerals Creek KS
84 Robinson 1-14 and 2-14 Operated Lease Western Pacific Farms, Inc.Haskell KS
85 Smith Estate 1-31 Operated Lease Western Pacific Farms, Inc.Haskell KS
86 Betty 1 Partial Working Interest
Charles N. GriffinBarber KS
87 Scripsick 1 Operated Lease McGinness Oil Company of KS, Inc.Barber KS
88 Neidig, Shannon, Grove Riley Operated Lease Trans Pacific Oil CorpEdwards/Kiowa KS
89 Valley Wells Unit H Royalty Interest Chesapeake Operating LLCDimmit TX
91 Mollenkamp Overriding RI Vess Oil CorporationNess KS
92 English, Galliart Operated Lease Trans Pacific Oil CorpPawnee KS
93 Staudinger Overriding RI Davis PetroleumBarton KS
94 Duncan Unit H, Jendrusch Unit H
Royalty Interest EncanaKarnes TX
95 George A Unit H, Henry A Unit H, Taylor Unit H
Royalty Interest Scout Energy Mgmt LLCWise TX
96 Stephenson 1-28 Operated Lease Trans Pacific Oil CorpBarber KS
97 Alvarez GU, GH C, GU T, Falcon, Palmyra, Palmyra B, C, ST
Overriding RI Beehive Operating, LLCZapata TX
98 Steffen, Fairchild Operated Lease Trans Pacific Oil CorpKingman KS
99 Hopkins 1, Pony 1 Royalty Interest Square Mile Energy LLCColorado TX
100 Bieberle Overriding RI Davis PetroleumBarton KS
101 Hamilton, Rottering, Newby Operated Lease Trans Pacific Oil CorpPratt KS
102 Kubena F Unit H Royalty Interest New Century Operating, LLCBurleson TX
103 Peace Creek Ranch, Putnam Operated Lease Trans Pacific Oil CorpReno KS
104 Shultz Trust 10 & 15-1H Overriding RI Unit PetroleumReno KS
105 Barstow, Copeland Operated Lease Trans Pacific Oil CorpStafford KS
106 Patterson Overriding RI Tapstone Energy LLCHarper KS
107 Goldfield 1H & 2H, Hickory Park 1H
Partial Working Interest
Sage Natural ResourcesDenton TX
108 Albin 12-34 Partial Working Interest
Central Operating, Inc.Gove KS
109 Humburg Farms 23-36 Partial Working Interest
Central Operating, Inc.Gove KS
110 Raymond-Parsons 1,2,3,4 Partial Working Interest
Central Operating, Inc.Gove KS
111 Shaw 1 Partial Working Interest
Central Operating, Inc.Gove KS
112 Bernand Unit 1, 21 Royalty Interest Atlas Operating, LLCBrazoria TX
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
113 Don, Devine, Leck, Starr Partial Working Interest
Chesapeake Operating LLCWoods / Woodward OK
114 Georgia Anneler Operated Lease Black Gold Oil Co., Inc.Cleveland OK
115 Green, Rosemary Lowery, Sooner State Farms, Farris
Operated Lease Black Gold Oil Co., Inc.Garvin / Cleveland / Oklahoma OK
116 Farris 1-32 Overriding RI Black Gold Oil Co., Inc.Oklahoma OK
117 Arrow C66 Equipment
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #1 Overriding RI
Operator
Indian Oil Co., Inc.
Legal Description
Sec 16-32S-12W
County & State
Barber, KS
Net Income
$184.68
(3 mo)
$61.56/mo
Net Income:Jul 2019 - $61.43Jun 2019 - $58.81May 2019 - $64.44
Seller Comments:
Decimal Interest
0.004170
Lease Name
Barbara 2, 5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #2 Royalty Interest
Operator
Berry Petroleum
Legal Description
Lease UTU 77314 - Sections 4,9,10-6S-4E U.S.M Duchesne Co UT
County & State
Duchesne, UT
Net Income
$1,166.85
(14 mo)
$83.35/mo
Seller will be conveying 100% of their interest in the lease above. Berry Petroleum has been a steady operator providing a consistent cash flow. The lease contains both ORRI's and Royalty Interests.
See data package for list of API's.
Net Income:Oct 2018 - $228.39Nov 2018 - $126.93Dec 2018 - $0Jan 2019 - $0Feb 2019 - $114.11Mar 2019 - $112.03Apr 2019 - $0May 2019 - $148.46Jun 2019 - $0Jul 2019 - $149.39Aug 2019 - $0Sept 2019 - $147.97Oct 2019 - $0Nov 2019 - $139.57
Seller Comments:
Decimal Interest
0.000822
Lease Name
Federal - Multi Well Lease
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #3 Overriding RI
Operator
Borger Resources 3, LLC
Legal Description
SW Sec 36, Block Z, GS&SF RR Co Survey
County & State
Moore, TX
Net Income
$819.08
(10 mo)
$81.91/mo
*API: 45-341-30595 { Sec: 36 · Blk: Z · Survey: GC & SF }API: 45-341-30784 { Sec: 36 · Blk: Z · Survey: GC & SF }API: 45-341-31116 { Sec: 36 · Blk: Z · Survey: G C & S F SURVEY }API: 45-341-31117 { Sec: 36 · Blk: Z · Survey: GC & SF }
Seller Comments:
Decimal Interest
0.00541675
Lease Name
Witherbee
Lot #4 Operated Lease
Operator
Questa Energy Corp
Legal Description
C E/2 Sec 3-25S-16W
County & State
Edwards, KS
Acres
160
GWI
100%
NRI
82.03125%
Lease Name
Breitenbach
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,015,458 mcf
6/9/61 3.69/24/60Mississippi1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
2 3/8" @ 3930'
4 1/2" @ 4610'
8 5/8" @ 282'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #5 Overriding RI
Operator
Palomino Petroleum
Legal Description
S/2 Sec 18-14S-35W
County & State
Logan, KS
Acres
320
Net Income
$2,790.94
(9 mo)
$310.10/mo
Seller Comments: Winning bidder has the option to double this lot
Cash Flow Represents 50% of Check Statements. Seller owns a 2% ORRI and is selling 1% in each Lot 5 and 5.1. Income below reflects the total 2% ORRI. Winning bidder of lots 5 AND 5.1 will own 2% ORRI. Winning bidder of lot 5 OR 5.1 will own 1% ORRI.
Net Income (from Check Statements - see note above): 2-19 - $1250.813-19 - $834.064-19 - $742.155-19 - $706.036-19 - $474.137-19 - $483.138-19 - $461.889-19 - $321.0410-19- $308.65
Total net revenue = $5,581.88 x 50% = $2,790.94 for this lot.
Additional drilling locations have been identified on this acreage.
Production Breakdown:Year Month Production (bbl) 2019 2 12902019 3 8122019 4 6532019 5 6502019 6 4912019 7 4762019 8 4792019 9 3212019 10 324
Decimal Interest
0.01
Lease Name
Hillery 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #5.1 Overriding RI
Operator
Palomino Petroleum
Legal Description
S/2 Sec 18-14S-35W
County & State
Logan, KS
Acres
320
Net Income
$2,790.94
(9 mo)
$310.10/mo
Cash Flow Represents 50% of Check Statements. Seller owns a 2% ORRI and is selling 1% in each Lot 5 and 5.1. Income below reflects the total 2% ORRI. Winning bidder of lots 5 AND 5.1 will own 2% ORRI. Winning bidder of lot 5 OR 5.1 will own 1% ORRI.
Net Income (from Check Statements - see note above): 2-19 - $1250.813-19 - $834.064-19 - $742.155-19 - $706.036-19 - $474.137-19 - $483.138-19 - $461.889-19 - $308.6510-19- $321.04
Total net revenue = $5,581.88 x 50% = $2,790.94 for this lot.
Additional drilling locations have been identified on this acreage.
Production Breakdown:Year Month Production (bbl) 2019 2 12902019 3 8122019 4 6532019 5 6502019 6 4912019 7 4762019 8 4792019 9 3212019 10 324
Seller Comments:
Decimal Interest
0.01
Lease Name
Hillery 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #6 Operated Lease
Operator
Questa Energy Corp
Legal Description
NE Sec 22-9S-32W
County & State
Thomas, KS
Acres
160
Gross OpEx
$8,460.00
Net Income
$28,601.00
GWI
100%
NRI
86.458334%
(12 mo)Gross Income
$37,061.00
(12 mo) (12 mo)
$3,088.42/mo $705.00/mo $2,383.42/mo
API: 15-193-20864. The Bertrand produces about .86 bbl water per day. Invoices for water hauling for 2019 are in the data room.
Seller Comments:
Lease Name
Bertrand 1-22
Gross BWPD
.86
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/12/12 13,864 bbl1210/20/12Lansing Kansas City "J"
1-22
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
1-210 bblsfiber glass gun
barrel
173 3/4 sucker rods
Grade D
3-200 bblsstock tanks, 1-200 bbls fiber
glass water
1-114D Sentry5 1/2" 15.5 lb/ft @ 4753'
5 1/2" 15.5 lb/ft @ 4753'
8 5/8" 24 lb/ft @ 344'
Operator
Questa Energy Corp
Legal Description
NE Sec 26-9S-32W
County & State
Thomas, KS
Acres
148.35
Gross OpEx
$7,404.00
Net Income
$517.00
GWI
100%
NRI
87.5%
(12 mo)Gross Income
$7,921.00
(12 mo) (12 mo)
$660.08/mo $617.00/mo $43.08/mo
API: 15-193-20866. The Howard does not produce any water.Seller Comments:
Lease Name
Howard 1-26
Gross BWPD
0
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/10/13 0 6,098 bbl0.411/23/12Lansing Kansas City "L"
1-26
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
1-210 bblsfiber glass gun
barrel
4-1 1/2"; 75-3/4"; 95-3/4"
sucker rods
4-200 bblsstock tanks; 1-200 bbls water
tank (fiber
1-160 Sentry2 3/8" @ 4385'
5 1/2" 14 lb/ft @ 4715'
8 5/8" 24 lb/ft @ 351'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Questa Energy Corp
Legal Description
NW Sec 22-9S-32W
County & State
Thomas, KS
Acres
120
Gross OpEx
$7,596.00
Net Income
$13,832.00
GWI
100%
NRI
82.57812%
(12 mo)Gross Income
$21,428.00
(12 mo) (12 mo)
$1,785.67/mo $633.00/mo $1,152.67/mo
API: 15-193-20863. The Renner produces about .32 bbl water daily. Invoices for water hauling for 2019 are in the data room.
Seller Comments:
Lease Name
Renner 1-22
Gross BWPD
.32
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/2/13 0.32 10,840 bbl0.8610/29/12Lansing Kansas City "J"
1-22
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
1-210 bbl fiberglass gun
barrel
100-3/4"Sucker Rods;
67-7/8"Sucker Rods
3-200 bblsStock tanks; 1-200 bbls fiber
glass water
1-114D Sentry2 3/8" @ 4331'
5 1/2" 14 lb/ft @ 4731'
8 5/8" 24 lb/ft @ 348'
Total Lot Net Monthly Income: $3,579.17
Lot #7 Royalty Interest
Operator
Peak Operating LLC
Legal Description
Lots 5 & 6 S/2 NW less RR ROW Sec 29-26S-2E
County & State
Sedgwick, KS
Net Income
$802.85
(12 mo)
$66.90/mo
API: 15-173-03377Purchaser: Coffeyville Resources Refining & Marketing
Production Breakdown:Year Month Production (bbl) 2018 07 163.542018 08 171.672018 10 155.172018 11 175.262019 01 163.872019 02 170.382019 04 160.92019 05 165.16
Seller Comments:
Decimal Interest
0.012931
Lease Name
Sample
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #8 Partial Working Interest
Operator
Mac E&P
Legal Description
Sec 18-40S-63W
County & State
Niobrara, WY
Gross OpEx
$10,854.03
Net Income
$14,210.99
GWI
22%
NRI
18.26%
(19 mo)Gross Income
$25,065.02
(19 mo)
$1,319.21/mo $571.26/mo $747.95/mo
API: 49-027-26692
Year Month Production (bbl) 2018 7 1332018 8 1412018 9 522018 10 02018 11 1172018 12 1982019 1 1582019 2 732019 3 1192019 4 1542019 5 842019 6 126
Seller Comments:
Lease Name
Federal 12-18
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Remov
ed
Lot #8.1 Royalty Interest
Operator
Devon Energy Corp
Legal Description
Sec 6-14N-9W
County & State
Canadian, OK
Acres
1 NMA
Net Income
$1,948.00
(5 mo)
$389.60/mo
There are 7 wells on this acreage that are now paying and seller received the flush check in October and a monthly check in November. The flush check covered May through September. October production (November check) was $430 for this acre’s interest.
The 5 month flush check was $,1948 per acre and November (the 6th month) was $430.
According to information from Devon, they will need to drill about 14 more wells to extract all the reserves.
Winning bidder has the option to purchase 6 additional acres. Unit size is 1264.37 acres. Lease is a 1/8 lease. Decimal per acre is 0.0000988629.
Seller Comments:
Decimal Interest
0.0000986991
Lease Name
ML 6_7-14N-9W 4HX
Lot #9 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 26-32S-12W
County & State
Barber, KS
Gross OpEx
$415.13
Net Income
$310.59
GWI
0.010
NRI
0.008
(12 mo)Gross Income
$725.72
(12 mo) (12 mo)
$60.48/mo $34.59/mo $25.88/mo
API: 15-007-21461, -24273, -24278Seller Comments:
Lease Name
Ash 1-26, Gladys 1,2
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #10 Operated Lease
Operator
Claassen Oil and Gas, Inc.
Legal Description
SW SW Sec 19-33S-30W
County & State
Meade, KS
Acres
10 acres surrounding well
Gross OpEx
$4,882.00
Net Income
$7,335.00
GWI
100%
NRI
81.25%
(9 mo)Gross Income
$12,217.00
(9 mo) (9 mo)
$1,357.44/mo $542.44/mo $815.00/mo
On the Well Data page under Gross BOPD, the current production was used which is 1 BOPD. Also the Gross Income was calculated as total income less taxes multiplied by the net revenue interest. In essence removing the royalty and overriding royalty interests.
Seller Comments:
Lease Name
Wheatley
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
10/3/56 0 35,870 bbl01.09/1956MorrowWheatley #1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
4 x 20 treater227 3/4" Fairbanks 208
210 bbl steelCabot D-802' X 1; 1/4" x 16'
2 3/8" @ 5722' 182 Jts.
5 1/2" 15.5# @ 5780'
8 5/8" 36# @ 2605'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #11 Partial Working Interest
Operator
CMX, Inc.
Legal Description
Sec 18-35S-11W
County & State
Barber, KS
Gross OpEx
$12,735.40
Net Income
$16,470.89
GWI
0.035
NRI
0.035
(12 mo)Gross Income
$29,206.29
(12 mo) (12 mo)
$2,433.86/mo $1,061.28/mo $1,372.57/mo
API: 15-007-24088, -24210, -24211, -24271
Income/expense is for 2018.
Year Month Production (mcf) (bbl)
2018 7 23,428 611 2018 8 25,551 4512018 9 26,142 6052018 10 24,248 1562018 11 20,646 1502018 12 17,941 4532019 1 21,434 3072019 2 21,224 4602019 3 23,060 2982019 4 21,886 2992019 5 22,901 1522019 6 23,789 4512019 7 22,219 3042019 8 23,211 306
Seller Comments:
Lease Name
Bartender 1, 2, 3, 4
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Remov
ed
Lot #12 Royalty Interest
Operator
Shoal Exploration, Inc.
Legal Description
SW Sec 6-8S-23W and W/2 NW Sec 6-8S-23W
County & State
Graham, KS
Acres
240
Net Income
$2,360.96
(4 mo)
$590.24/mo
There is currently oil production on the property and seller owns half the minerals rights. There is one actively producing well that was drilled in 2013 and one injection well that just passed MIT a couple of months ago. The lease makes about 6.5 bopd. There are also three more inactive wells on the lease. Well was down 4 months in 2019.
Cash Flow Represents 100% of Check Statements.Net Income:10-2019 - $923.9008-2019 - $934.6407-2019 - $502.42
Schweitzer #1 API 15-065-21387 & -21387-0001Schweitzer #2 API 15-065-21421Schweitzer #3 API 15-065-21608Schweitzer #4 API 15-065-21609Schweitzer #5 API 15-065-21631Schweitzer #6 API 15-065-23910
Production Breakdown:Year Month Production (bbl)2018 08 327.25 2018 09 324.212018 10 163.32018 11 165.26 2018 12 1672019 03 167.242019 07 162.062019 08 317.73
Seller Comments:
Decimal Interest
0.0625
Lease Name
Schweitzer
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #13 Overriding RI
Operator
Griffin Management, LLC
Legal Description
SE Sec 22-26-16W & NW NE and NE NW Sec 27-26S-16W
County & State
Edwards, KS
Acres
240
Net Income
$375.29
(12 mo)
$31.27/mo
Additional possible drilling locations.
API: 15-047-21655, 15-047-21656
Seller Comments:
Decimal Interest
0.0025
Lease Name
Wood
Lot #14 Operated Lease
Operator
Te-Pe Oil & Gas
Legal Description
NW NE Sec 25-20S-12W
County & State
Barton, KS
Acres
40
Gross OpEx
$19,205.00
Net Income
$16,985.00
GWI
100%
NRI
82.0312%
(18 mo)Gross Income
$36,190.00
(18 mo) (18 mo)
$2,010.56/mo $1,066.94/mo $943.61/mo
API: 15-009-15609, Lease #104452
Net Income 1/18 - 6/19.
Seller Comments:
Lease Name
DeWerff B2
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/14/49 70 204096.1 bbl (1948-2019)
1.7511/16/48Arbuckle 3347-59B2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Free water knockout 30 x
8
3/4-133 15 hp electric 3 ph
1-6 x 15 FGGB1 - 12 X 10
WSST
Bethlehem D-80
2 X 1.5 X 10 4' m-m
2.375 - 107 jts5.50 @ 33478.625 @ 253'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #15 Royalty Interest
Operator
Te-Pe Oil & Gas
Legal Description
NW NE Sec 25-20S-12W
County & State
Barton, KS
Acres
160
Net Income
$0.83
(12 mo)
$0.07/mo
API: 15-009-15609
Year Month Production (bbl) 2017 12 158.622018 03 155.37 2018 07 158.12 2018 09 153.96 2019 06 131.24
Seller Comments:
Decimal Interest
0.0004882
Lease Name
DeWerff B
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #16 Overriding RI
Operator
Bear Petroleum
Legal Description
SW Sec 26-18S-16W
County & State
Rush, KS
Acres
160
Net Income
$135.39
(12 mo)
$11.28/mo
2 other possible drilling locations
Production Breakdown:Month-Yr BOPM07-2018 79908-2018 64309-2018 32410-2018 65411-2018 32212-2018 35601-2019 65202-2019 16403-2019 32504-2019 16305-2019 16906-2019 162
Seller Comments:
Decimal Interest
0.000875
Lease Name
Swob
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #17 Partial Working Interest
Operator
Snyder Partners
Legal Description
Sec 3-1N-21E
County & State
Beaver, OK
Gross OpEx
$777.19
Net Income
$153.81
GWI
0.045
NRI
0.03148876
(19 mo)Gross Income
$931.00
(19 mo) (19 mo)
$49.00/mo $40.90/mo $8.10/mo
Year Month Production (mcf) 2017 10 8342017 11 8262017 12 8122018 1 7722018 2 6802018 3 7202018 4 6502018 5 7512018 6 6822018 7 6992018 8 7052018 9 379
Seller Comments:
Lease Name
Bell 1-3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #18 Operated Lease
Operator
Schulz Oil & Gas, Inc.
Legal Description
NE Sec 23-19S-6W
County & State
Rice, KS
Acres
160
$2,134.86
Net Income
$11,468.12
GWI
100%
NRI
82.0313%
(6 mo)Gross Income
$13,602.98
(6 mo) (6 mo)
$2,267.16/mo $355.81/mo $1,911.35/mo
Operating expenses consist of average utility costs.
Additional Well Information:* Tank Battery:1 - 8 X 15 fiberglass gun barrel1 - 200 bbl stock tank
Seller Comments:
Lease Name
Walton
Gross BOPD
1.9
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
2/23/83 56,756.62 bbl
2/16/83MississippiWalton 1-23
9/20/848/26/84MississippiWalton 2-23
8/13/857/17/85MississippiWalton 3-23
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *OCS 10D2" X 1-1/2" X 10
2-3/8"4-1/2" @ 3420'
8-5/8" @ 210'
3/4" 10 hp electric *OCS 10D2" X 1-1/2" X 10
2-3/8"4-1/2" @ 3419'
8-5/8" @ 212'
3/4" 10 hp electricParkersburg CH80D
2" X 1-1/2" X 10
2-3/8"4-1/2" @ 3416'
8-5/8" @ 216'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
SE Sec 14-19S-6W
County & State
Rice, KS
Acres
160
$2,311.92
Net Income
$38,087.54
GWI
100%
NRI
82.0313%
(6 mo)Gross Income
$40,399.46
(6 mo) (6 mo)
$6,733.24/mo $385.32/mo $6,347.92/mo
Additional Well Information:* Tank Battery:1 - 8 X 15 fiberglass gun barrel2 - 200 bbl steel stock tanks
Seller Comments:
Lease Name
Schubert
Gross BOPD
5.6
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
2/25/82 169,670.96 bbl
2/20/82MississippiSchubert 2-14
10/15/8210/10/82MississippiSchubert 3-14
1/27/831/23/83MississippiSchubert 4-14
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *OCS 22-1/2D2" X 1-1/2" X 10
2-3/8"4-1/2"8-5/8"
3/4" C66Lufkin 57D2" X 1-1/2" X 10
2-3/8"4-1/2"8-5/8"
3/4" 10 hp electricOCS 22-1/2D2" X 1-1/2" X 10
2-3/8"4-1/2"8-5/8"
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
NE Sec 14-19S-6W
County & State
Rice, KS
Acres
160
$1,128.36
Net Income
$11,068.68
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$12,197.04
(6 mo) (6 mo)
$2,032.84/mo $188.06/mo $1,844.78/mo
Nelson B is a SWD.
Additional Well Information:* Tank Battery:1 - 8 X 15 fiberglass gun barrel1 - 200 bbl steel stock tank2 - 200 bbl fiberglass open top water tank
** … 2-3/8" plastic lined Howco RH packer @ 4060'
Seller Comments:
Lease Name
Nelson A & B
Gross BOPD
0.9
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
2/18/82 91,020.19 bbl
2/13/82MississippiNelson 2-14
8/18/838/13/83MississippiNelson 4-14
12/10/8711/14/87MississippiNelson 6-14
7/16/817/8/81ArbuckleNelson B SWD
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" Arrow 66 *Cabot 114D2 X 1-1/5 X 10
2-3/8"4-1/2" 10.5# @ 3475'
8-5/8" @ 250'
3/4" Arrow 66OCS 15-D2-1/2 X 1-1/2 X 12
2-7/8"5-1/2" 15.5# @ 3563'
8-5/8" @ 219'
3/4" NoneParkersburg 57-DL
2 X 1-1/2 X 10
2-3/8"4-1/2" 10.5# @ 3566'
8-5/8" @ 201'
None NoneNoneNone2-3/8" plastic lined … **
5-1/2" @ 4065'
8-5/8" @ 218'
Total Lot Net Monthly Income: $10,104.06
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #19 Operated Lease
Operator
Schulz Oil & Gas, Inc.
Legal Description
SE NE NW Sec 30-19S-5W
County & State
McPherson, KS
Acres
10
$0.00
Net Income
$0.00
GWI
100%
NRI
0%
(1 mo) (1 mo)
$0.00/mo $0.00/mo
Pickering and Porter used to treat all wells and hauled to Swanson SWD.
Additional Well Information:* Tank Battery:1 - 16 X 10 fiberglass closed top water tank1 - 12 X 10 fiberglass open top water tank
Seller Comments:
Lease Name
Swanson SWD
Click here for drone footage
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/27/548/15/54ArbuckleSwanson #2 SWD
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
None None *NoneNone2-7/8" plasticlined@2968';
R-4 packer@3968'
5-1/2" @3968'
8-5/8" @186'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
S/2 SE Sec 24-19S-6W
County & State
Rice, KS
Acres
80
$136.38
Net Income
($136.38)
GWI
100%
NRI
82.0313%
(6 mo) (6 mo)
$22.73/mo ($22.73)/mo
Inactive. Well has mechanical problems. Operating expenses consist of average utility costs.
Additional Well Information:* Tank Battery:1 - 8 X 15 steel gun barrel2 - 200 bbl steel stock tanks
Seller Comments:
Lease Name
Premer
Gross BOPD
0
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
11/27/93 5,057.74 bbl11/13/93MississippiPremer 1-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Parkersburg 57D
2-1/2" X 1-1/2" X 10
2-7/8"5-1/2" @3517'
8-5/8" @218'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
NE Sec 25-19S-6W
County & State
Rice, KS
Acres
160
$2,923.20
Net Income
$785.68
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$3,708.88
(6 mo) (6 mo)
$618.15/mo $487.20/mo $130.95/mo
Additional Well Information:* Tank Battery:1 - 10 X 15 fiberglass gun barrel1 - 200 bbl fiberglass stock tank1 - 200 bbl fiberglass open top water tank & electric water pump
Seller Comments:
Lease Name
Wendt
Gross BOPD
1.1
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
2/7/81 49,871.15 bbl
1/26/81MississippiWendt 2
11/19/812/9/81MississippiWendt 3
4/22/8111/26/80MississippiWendt 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Parkersburg C80
2" X 1-1/2" X 10'
2-3/8"4-1/2" @ 3460'
8-5/8" @ 207'
3/4" 10 hp electric *Oilwell TC17C2" X 1-1/2" X 10'
2-3/8"4-1/2" @ 3608'
8-5/8" @ 207'
TA
Total Lot Net Monthly Income: $108.22
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #20 Operated Lease
Operator
Schulz Oil & Gas, Inc.
Legal Description
N/2 SW Sec 25-19S-6W
County & State
Rice, KS
Acres
80
$1,545.96
Net Income
$20,634.84
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$22,180.80
(6 mo) (6 mo)
$3,696.80/mo $257.66/mo $3,439.14/mo
Operating expenses consist of average utility costs.
**Anderson A-1 production casing - April 2015 ran 4-1/2" 11.6 lb. liner to 3323' w/50 sx.* Tank Battery:8 x 15 FB gun barrel1-200 bbl stl stock tank
Seller Comments:
Lease Name
Anderson A-1, A-2
Gross BOPD
2.3
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/29/42 584,971.51 bbl
8/3/42MississippiAnderson A-1
2/26/431/30/43MississippiAnderson A-2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 HP electric
**OCS 10S2"X1 1/2"x10
2-3/8" @3373'
5-1/2" @3350' *
8-5/8" @187'
3/4" 10 HP electric
OCS 10S2-1/2" X 1-1/5" X 10
2-7/8" @3368'
5-1/2" @3350'
8-5/8" @210'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
S/2 SW Sec 25-19S-6W
County & State
Rice, KS
Acres
80
$553.50
Net Income
$12,101.61
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$12,655.11
(6 mo) (6 mo)
$2,109.19/mo $92.25/mo $2,016.94/mo
B2 SWD; B1 plugged. Bruce Oil Co. pays $20 per month to use this SWD.
Additional Well Information:* Anderson B-3 production casing - July 2014 new liner 4-1/2" 11.6 lb** Tank Battery:10 x 15 FB gun barrel2-100 bbl stl stock tank (not used)1-210 wooden gun barrel (not used)2-200 bbl open top FB tanks
Seller Comments:
Lease Name
Anderson B-3, C-1, B-2 (SWD), B-1 (Plugged)
Gross BOPD
1
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
7/21/47 310,617.4 bbl
7/7/47MississippiAnderson B-3
10/3/847/19/83MississippiAnderson C-1
10/11/429/25/42ArbuckleAnderson B-2 SWD
3/17/422/15/42MississippiAnderson B-1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" Fairbanks 346
2-100 bbl stlstock tank (not
used)
OCS C80SK2" X 1-1/2" X 10
2-3/8" @3380'
5-1/2" @3324' *
8-5/8" @150'
3/4" 10 HP electric
1-210 woodengun barrel (not
used)
Lufkin 1142-1/2" X 1-1/2" X 10
2-7/8" @3390'
5-1/2" @3792'
8-5/8" @269'
SWD None 2-200 bbl opentop FB tanks
NoneSWD2-3/8"@3756'
fiberglass
7"@3303' 4-1/2" 10-1/2# liner @3776'
in 1984
10-3/4" @132'
None plugged Fairbanks 346
OCS C80SKNoneNone plugged 7" @3346' pulled 2000'
& plugged
10-3/4" @150'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
NE Sec 36-19S-6W
County & State
Rice, KS
Acres
160
Net Income
$0.00
GWI
100%
NRI
81.25%
(6 mo)
$0.00/mo
Lease uses its own gas. 1 well T/A'd, 1 well waiting on full tank 1 well provides gas to run several other wells & leases
Additional Well Information:*A.F. Carlson 1 production casing - New 4-1/2" 11.6# liner 8/14 @3340' w/50 SX** Tank Battery:10 x 15 fiberglass gun barrel1 - 200 bbl steel stock tank
Seller Comments:
Lease Name
AF Carlson
Gross BOPD
0.02
Click here for drone footage
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
6/4/42 280,865.55 bbl
5/15/42MississippiA. F. Carlson 1
7/1/426/5/42MississippiA. F. Carlson 2
12/26/5212/13/52Shalon Gas ZoneA. F. Carlson 5
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" Arrow C96 **OCS1052 X 1-1/2 X 10'
2-3/8" @3360'
6" @ 3362' *10-3/4" @162'
3/4" Arrow C66Parkersburg 44 CH1425
2 X 1-1/2 X 10'
2-3/8" @3355'
6" @ 3356'10-3/4" @160'
3/4" NoneNone2 X 1-1/2 X 10'
2-3/8" @1095'
5-1/2" @3360'
10-3/4" @160'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
SE Sec 36-19S-6W
County & State
Rice, KS
Acres
160
Net Income
$0.00
GWI
100%
NRI
81.25%
(6 mo)
$0.00/mo
Shut in. May have casing leak. Cumulative Production: 11,738 bbl from 1968 to 1980.
Additional Well Information:* Tank Battery:10x15 steel gun barrel1 - 200 bbl stock tank
Seller Comments:
Lease Name
Hill
Gross BOPD
0
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
9/1/84 11,738 bbl1/14/85MississippiHill 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
None None *NoneNoneNone5-1/2" @ 3360'
8-5/8" @ 160'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
N/2 NW & SE NW Sec 36-19S-6W
County & State
Rice, KS
Acres
120
$3,947.34
Net Income
$28,011.48
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$31,958.82
(6 mo) (6 mo)
$5,326.47/mo $657.89/mo $4,668.58/mo
Additional Well Information:* Tank Battery:10x15 fiberglass gun barrel2-200 bbl steel stock tanks16' x 6' bbl fiberglass open top water tank
Seller Comments:
Lease Name
William John
Gross BOPD
4.4
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
3/11/42 628,782.54 bbl
2/3/42MississippiJohn 1
5/6/424/14/42MississippiJohn 2
8/17/427/26/42MississippiJohn 3
11/9/5211/1/52MississippiJohn 4
11/17/5511/8/55MississippiJohn 5
1/5/5612/27/55MississippiJohn 6
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Ideco2 X 1-1/2" X 10
2-3/8"6" @ 3329'10-3/4" @ 158'
3/4" 10 hp electricOilwell2 X 1-1/2" X 10
2-3/8"6" @ 3324'10-3/4" @ 163'
3/4" 10 hp electricCabot 802 X 1-1/2" X 10
2-3/8"5-1/2" @ 3850'
8-5/8" @ 165'
3/4" 15 hp electricCabot D802 X 1-1/2" X 10
2-3/8"5-1/2" @ 3370'
8-5/8" @ 160'
3/4" NoneIdeco2 X 1-1/2" X 10
2-3/8"5-1/2" @ 3380'
8-5/8" @ 160'
3/4" 10 hp electricOilwell 27 HB2 X 1-1/2" X 10
2-3/8"5-1/2" @ 3860'
8-5/8" @ 160'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
NE Sec 26-19S-6W
County & State
Rice, KS
Acres
160
$0.00
Net Income
$6,085.94
GWI
100%
NRI
87.5%
(6 mo)Gross Income
$6,085.94
(6 mo) (6 mo)
$1,014.32/mo $0.00/mo $1,014.32/mo
Runs on its own gas.
Additional Well Information:* Tank Battery:1 - 10 X 15 fiberglass gun barrel2 - 200 bbl steel stock tanks
Seller Comments:
Lease Name
John Mattson
Gross BOPD
1.2
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/9/83 14,504.17 bbl
8/3/83MississippiMattson 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" Arrow 46 *OCS 10-D2 X 1-1/2 X 10
2-7/8"5-1/2" @3860'
8-5/8" @250'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
NW Sec 25-19S-6W
County & State
Rice, KS
Acres
160
$1,202.10
Net Income
$4,330.89
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$5,532.99
(6 mo) (6 mo)
$922.17/mo $200.35/mo $721.82/mo
Additional Well Information:* Tank Battery:1 - 8 x 15 fiberglass gun barrel2 - 250 bbl stock tanks
Seller Comments:
Lease Name
Mattson Estate
Gross BOPD
1.2
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
10/28/52 182,383.95 bbl
10/19/52MississippiMattson Estate 2A
1/9/429/16/42MississippiMattson Estate 1
1/11/0112/27/00MississippiMattson Estate 4
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Parkersburg 44 CH80D
2 X 1-1/5 x 12
2-3/8"5-1/2" @3338'
8-5/8" @150'
3/4" 10 hp electricLufkin 802 X 1-1/5 X 10
2-7/8"5-1/2" @3890'
10-3/4 @142'
3/4" Arrow 66Lufkin 1142 X 1-1/3 x 10
5-1/2" @3364'
8-5/8" @165'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
C SW SE Sec 25-19S-6W
County & State
Rice, KS
Acres
160
$1,372.14
Net Income
$19,276.41
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$20,648.55
(6 mo) (6 mo)
$3,441.43/mo $228.69/mo $3,212.74/mo
Additional Well Information:* Tank Battery:1 - 8 X 15 fiberglass gun barrel1 - 200 bbl steel stock tank
Seller Comments:
Lease Name
Mattson
Gross BOPD
1
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
5/21/42 255,819.4 bbl
5/3/42MississippiMattson 1
7/2/426/9/42MississippiMattson 2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *OCS 10S2 X 1-1/2 X 10
2-7/8"5-1/2" @3856'
8-5/8" @176'
3/4" 10 hp electricOCS 10S2 X 1-1/2 X 10
2-7/8"5-1/2" @3404'
8-5/8" @185'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
W/2 W/2 Sec 24-19S-6W
County & State
Rice, KS
Acres
160
$975.42
Net Income
$10,671.49
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$11,646.91
(6 mo) (6 mo)
$1,941.15/mo $162.57/mo $1,778.58/mo
Additional Well Information:* Tank Battery:1 - 10 X 15 fiberglass gun barrel2 - 200 bbl steel stock tanks
Seller Comments:
Lease Name
Neel A
Gross BOPD
0.9
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
7/13/83 69,538.11 bbl
7/8/83MississippiNeel A1
9/27/849/4/84MississippiNeel A2
12/30/8411/27/84MississippiNeel A3
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Lufkin 57D2-1/2" X 1-1/2" X 10
2-7/8"5-1/2" @ 3450'
8-5/8" @ 250'
3/4" 10 hp electricLufkin 114D2 X 1-1/5" X 10
2-3/8"4-1/2" @ 3482'
8-5/8" @ 250'
3/4" 10 hp electricLufkin 1142 X 1-1/5" X 10
2-3/8"4-1/2" @ 3514'
8-5/8" @ 250'
Operator
Schulz Oil & Gas, Inc.
Legal Description
SW SW Sec 24-19S-6W
County & State
Rice, KS
Acres
40
Net Income
$0.00
GWI
100%
NRI
81.25%
(6 mo)
$0.00/mo
Neel 2 may have casing leak … cased hole with rods and tubing.Seller Comments:
Lease Name
Neel 2 (Neel AS 2)
Gross BOPD
0
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
6/11/52 70,487.84 bbl
4/24/52MississippiNeel 2
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
E/2 NW Sec 24-19S-6W
County & State
Rice, KS
Acres
80
$1,113.00
Net Income
$5,257.60
GWI
100%
NRI
82.0313%
(6 mo)Gross Income
$6,370.60
(6 mo) (6 mo)
$1,061.77/mo $185.50/mo $876.27/mo
Lightning strike wiped out tank batteries and lease was down for 6-8 weeks. Normal production is 2 bopd.
Additional Well Information:* Tank Battery:1 - 8 X 15 fiberglass gun barrel1 - 12 X 10 metal stock tank
Seller Comments:
Lease Name
Wise
Gross BOPD
0.7
Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
6/26/86 49,871.15 bbl
4/15/86MississippiWise 1
1/28/8712/22/86MississippiWise 2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" @ 3380' 10 hp electric motor
*American D-802" X 1-1/2" X 10
2-3/8" @3393'
4-1/2" @3493'
8-5/8" @220'
3/4" @ 3365' 10 hp electric motor
*American D-802" X 1-1/2" X 10
2-3/8" @3375'
4-1/2" @3500'
8-5/8" @221'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
SW Sec 36-19S-6W and E/2 SE Sec 35-19S-6W
County & State
Rice, KS
Acres
240 (160 & 80)
$0.00
Net Income
$1,800.00
GWI
100%
NRI
81.25%
(6 mo)Gross Income
$1,800.00
(6 mo) (6 mo)
$300.00/mo $0.00/mo $300.00/mo
There are no utility costs for this well as it runs on its own gas. Well produces gas for other leases and SWD takes water from 3rd party. Income numbers waiting on full tank. Te-Pe Oil & Gas pays $300 per month for use of this SWD. Gross income calculated as $300 x 12 (SWD use fee) but will increase with income from full tank.
Additional Well Information:*Tank Battery:1 - 10 X 15 fiberglass gun barrel1 - 200 bbl steel stock tank#3 SWD 1-150 bbl fiberglass open top water tank
Seller Comments:
Lease Name
Smyres
Gross BOPD
0
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
12/22/1984 441,460.07 bbl
9/22/1984MississippiSmyres 1-A
11/29/4711/17/47MississippiSmyres 2
Nov 1949ArbuckleSmyres 3 SWD
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" Arrow 46 *Lufkin 57D2-7/8" X 1-1/2" X 10
2-7/8" @ 3350'
5-1/2" @ 3699'
8-5/8" X 260'
3/4" None *OCS C80 SK2-7/8" X 1-1/2" X 10
2-7/8" @ 3834'
5-1/2" @ 3835'
8-5/8" X 173'
None None *NoneNone2-7/8" @ 3767' plastic
lined
5-1/2" @ 826'8-5/8" X 151'
Total Lot Net Monthly Income: $18,028.38
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #21 Operated Lease
Operator
Schulz Oil & Gas, Inc.
Legal Description
SE SW NE West 90 of NE Sec 35-19S-6W
County & State
Rice, KS
Acres
90
$781.50
Net Income
$6,323.36
GWI
100%
NRI
87.5%
(6 mo)Gross Income
$7,104.86
(6 mo) (6 mo)
$1,184.14/mo $130.25/mo $1,053.89/mo
Engine problems - also laid new lead line. Lease normally makes 1.6 bopd.Pickering/Porter used to treat all wells and hauled to Swanson SWD.
Additional Well Information:* Tank Battery:1 - 10 X 15 fiberglass gun barrel2 - 200 bbl steel stock tanks1 - 200 bbl fiberglass open top water tank
Seller Comments:
Lease Name
Pickering
Gross BOPD
0.3
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
6/26/84 16,699.12 bbl
6/16/84MississippiPickering 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Lufkin 57D2-1/2" X 1-1/2" X 10
2-7/8"5-1/2" 15.5#@ 3671'
PBTD 3428'
8-5/8" @257'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Schulz Oil & Gas, Inc.
Legal Description
SE SW NE West 90 of NE Sec 35-19S-6W
County & State
Rice, KS
Acres
90
$0.00
Net Income
$0.00
GWI
100%
NRI
87.5%
(6 mo) (6 mo)
$0.00/mo $0.00/mo
The oil production from this well goes into the Pickering.
* Tank Battery:1 - 10 X 15 fiberglass gun barrel2 - 200 bbl steel stock tanks1 - 200 bbl fiberglass open top water tank
Seller Comments:
Lease Name
Porter
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Utilities
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
8/12/05 1,320.41 bbl5/18/05MississippiPorter 1-35
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
3/4" 10 hp electric *Lufkin 1142-1/2" X 1-1/2" X 10
2-7/8"5-1/2" 14# @3426'
8-5/8" @263'
Total Lot Net Monthly Income: $1,053.89
Lot #22 Operated Lease
Operator
Schulz Oil & Gas, Inc.
County & State
Rice & McPherson, KS
$20,125.68
Net Income
$175,767.26
(6 mo)Gross Income
$195,892.94
(6 mo) (6 mo)
$32,648.82/mo $3,354.28/mo $29,294.54/mo
Lease Name
Combination of Lots 18, 19, 20 & 21 Gross
BOPD22.52
Utilities
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #23 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 34-32S-12W
County & State
Barber, KS
Gross OpEx
$1,600.33
Net Income
$484.25
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$2,084.58
(12 mo) (12 mo)
$173.72/mo $133.36/mo $40.35/mo
API: 15-007-24303,24307,24308Purchaser: Plains Marketing LP
Seller Comments:
Lease Name
Springer 1,2,3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #24 Operated Lease
Operator
Sunflower Energy
Legal Description
NW NE and E SE Sec 30-27S-29W
County & State
Gray, KS
Acres
480
Gross OpEx
$10,651.00
Net Income
$12,467.00
GWI
100%
NRI
85.83%
(12 mo)Gross Income
$23,118.00
(12 mo) (12 mo)
$1,926.50/mo $887.58/mo $1,038.92/mo
Seller will allow a prospective purchaser to view a sample of the seismic data if requested.
Note: Actual expenses Jan-Oct, 2019 & estimated for Nov-Dec,'19. Gross Income based on current production and $52.00/bbl.
Well Data, including logs and completion report, may be reviewed online at the KGS--Energy Resources website. The well has been pumped on a part time basis as follows:
2012 142 2016 1922013 306 2017 1112014 181 2018 1052015 121 2019* 76
* through October 31, 2019
Additional Well Information:* Other Equipment:- Lufkin Pumping Unit 160-173-84 Gearbox rebuilt April, 2015. Lufkin OKC installed new bearings -saddle, tail and new wrist pins and bearings 2012.- Arrow C-66 Serial #88851 Purchased 2012.- Tank Battery (Palmer Manufacturing):
2 each 300 bbl steel stock tanks serial #s S20943 and S20944 purchased new June, 20121 each 8'x20' fiberglass separator serial 3G14661 purchased new June, 20121 each 200 bbl 12'D x 10'H API fiberglass tank serial #G179011 each 18' stair and 1 each 18' walkway
Seller Comments:
Lease Name
Ginest
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
N/A0.4 5,710 bblN/A1.4St. Louis#1 OWWO
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
See Comments
3550' 3/4" Norris 1525' 7/8" Norris
See Comments
See Comments
See Comments
2-1/2x1-1/4x16RWBC
pump assy
5141' 2-7/8" 6.5# JEUE
5190' 5-1/2"1784'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #25 Overriding RI
Operator
SLO Oil, LLC
Legal Description
W/2 SE Sec 4-26S-2E
County & State
Sedgwick, KS
Acres
80
Net Income
$4.61
(10 mo)
$0.46/mo
Decimal Interest
0.0002564
Lease Name
Timmerkamp A
Operator
Cortam, Inc.
Legal Description
NE Sec 6-26S-1E
County & State
Sedgwick, KS
Acres
160
Net Income
$4.62
(10 mo)
$0.46/mo
Decimal Interest
0.02875
Lease Name
Timmerkamp
Total Lot Net Monthly Income: $0.92
Lot #26 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 34-32S-12W
County & State
Barber, KS
Gross OpEx
$3,466.69
Net Income
$5,787.36
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$9,254.05
(12 mo) (12 mo)
$771.17/mo $288.89/mo $482.28/mo
API: 15-007-24304, -24310, -24037-0001, -24311Seller Comments:
Lease Name
Sharon Lease (1,2,3,4)
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #27 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 3-33S-12W
County & State
Barber, KS
Gross OpEx
$2,301.88
Net Income
$2,228.10
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$4,529.98
(12 mo) (12 mo)
$377.50/mo $191.82/mo $185.68/mo
API: 15-007-24309,21815-0001Purchaser: Plains Marketing P
Seller Comments:
Lease Name
Springer B1, B2
Lot #28 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
NE SE SE Sec 33-32S-12W
County & State
Barber, KS
Gross OpEx
$424.71
Net Income
$1,356.95
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$1,781.66
(12 mo) (12 mo)
$148.47/mo $35.39/mo $113.08/mo
API: 15-007-24344Purchaser: Targa, OneOk & Plains Mktg
Seller Comments:
Lease Name
Sharron 5B
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #29 Partial Working Interest
Operator
Spindletop Oil & Gas
Legal Description
Sec 17-28N-25W
County & State
Harper, OK
Gross OpEx
$2,158.72
Net Income
($19.19)
GWI
0.0750000
NRI
0.0592822
(19 mo)Gross Income
$2,139.53
(19 mo) (19 mo)
$112.61/mo $113.62/mo ($1.01)/mo
API: 35-059-21504; Lease #5909792500000
Year Month Production (mcf) 2018 8 7172018 9 6852018 10 7102018 11 6362018 12 6972019 1 712 2019 2 601 2019 3 6352019 4 6762019 5 6652019 6 6972019 7 697
Seller Comments:
Lease Name
Cook 1-17
Lot #30 Overriding RI
Operator
Indian Oil Co., Inc.
Legal Description
Sec 15-32S-12W
County & State
Barber, KS
Net Income
$96.91
(3 mo)
$32.30/mo
API: 15-007-24153; Lease #145159
Net Income:July 2019 - $32.56June 2019 - $31.17May 2019 - $33.18
Seller Comments:
Decimal Interest
0.002847
Lease Name
Andrea Fisher 2, 3B
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #31 Partial Working Interest
Operator
CMX, Inc.
Legal Description
C NW NW Sec 27-29N-14W
County & State
Woods, OK
Gross OpEx
$717.40
Net Income
$178.07
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$895.47
(12 mo) (12 mo)
$74.62/mo $59.78/mo $14.84/mo
Production Breakdown:Month BOPM MCFPM09-2018 154 21810-2018 23811-2018 20812-2018 155 20201-2019 20002-2019 7903-2019 149 26904-2019 23905-2019 156 18806-2019 17307-2019 308 26008-2019 158
Seller Comments:
Lease Name
Rodgers 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Remov
ed
Lot #32 Operated Lease
Operator
Tengasco Inc
Legal Description
NW NW NW Sec 10-10S-15W and SW SE NE Sec 9-10S-15W
County & State
Osborne, KS
Hogan #3 is currently shut down. Unable to haul water. Water goes to Hobrock lease. Disposal failed MIT.
Seller Comments:
Lease Name
Hogan
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1/31/82 129 45,206 Lease11/2/82Toronto/LKC#3
2/17/83 40 45,206 Lease22/9/83Toronto/LKC#5
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
10'x12' 210 bbls FG gun
barrel
138 3/4" 25 HP Elec 2- 200 bblssteel (one bad)
National 114D2X1-1/2x14'120 jts 2-3/8" set @ 3475'
4-1/2" set @3649'
8-5/8" set@ 259'
10'x12' 210 bbls FG gun
barrel
137 3/4" 15 HP Elecv 2- 200 bblssteel (one bad)
American 114D
2X1-1/2"x10'
108 jts 2-3/8" set@ 3450'
4-1/2" set @3655'
8-5/8" set@ 247'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #33 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 22-26S-16W
County & State
Edwards, KS
Gross OpEx
$1,757.07
Net Income
$970.14
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$2,727.21
(12 mo) (12 mo)
$227.27/mo $146.42/mo $80.85/mo
Production Breakdown:Month BOPM07-2018 31408-2018 15509-2018 31910-2018 32411-2018 16312-2018 32701-2019 16102-2019 16303-2019 16004-2019 32005-2019 32306-2019 161
Seller Comments:
Lease Name
Wood 1,2
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #34 Overriding RI
Operator
Charles N. Griffin
Legal Description
Sec 34-32S-12W
County & State
Barber, KS
Net Income
$208.46
(12 mo)
$17.37/mo
Production Breakdown:Month BOPM 07-2018 31208-2018 46309-2018 15510-2018 15911-2018 16312-2018 16101-2019 14602-201903-2019 16004-2019 15505-2019 15506-2019 156
Seller Comments:
Decimal Interest
0.02
Lease Name
Springer 1,2,3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #35 Partial Working Interest
Operator
Pride Energy
County & State
Woods, OK
Gross OpEx
$747.78
Net Income
($688.64)
GWI
0.02135890
NRI
0.01636920
(19 mo)Gross Income
$59.14
(19 mo) (19 mo)
$3.11/mo $39.36/mo ($36.24)/mo
Year Month Production (bbl) 2018 7 2442018 8 1672018 9 1582018 10 1812018 11 1212018 12 1752019 1 1352019 2 1432019 3 1012019 4 1242019 5 1062019 6 69
Seller Comments:
Lease Name
Crouse 1-16
Operator
Pride Energy
County & State
Woods, OK
Gross OpEx
$342.43
Net Income
($271.30)
GWI
0.00355180
NRI
0.00295422
(19 mo)Gross Income
$71.13
(19 mo) (19 mo)
$3.74/mo $18.02/mo ($14.28)/mo
Year Month Production (mcf) 2018 7 6932018 8 6952018 9 6852018 10 7002018 11 6872018 12 7182019 1 7242019 2 6442019 3 7242019 4 7012019 5 7192019 6 678
Seller Comments:
Lease Name
Frantz 1-16
Total Lot Net Monthly Income: ($50.52)
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #36 Operated Lease
Operator
Tengasco Inc
Legal Description
NE NE NW SW Sec 16-10S-15W
County & State
Osborne, KS
Water is currently hauled.
Year Month Production (bbl) 2016 12 162.762017 6 156.172017 12 163.612018 6 153.882019 2 164.04
Seller Comments:
Lease Name
Maier
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
10/4/94 15 19,550 bbl1.369/1/94LKC#1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
10'x12' FG gun barrel
137 3/4" 10 HP Elec 2- 200 bbl steelParkersburg 80D
2"X1-1/2"x12'
111 jts 2-3/8" set @ 3450'
5-1/2" set @ 3751'
8-5/8" set @ 217'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #37 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
Sec 9-33S-12W
County & State
Barber, KS
Gross OpEx
$2,960.50
Net Income
$2,335.66
GWI
0.020
NRI
0.016
(12 mo)Gross Income
$5,296.16
(12 mo) (12 mo)
$441.35/mo $246.71/mo $194.64/mo
API: 15-007-23388, 23602-0001, 24319 - Lease #232600
Production Breakdown:Month-Year MCFPM BOPM09-2018 2119 457.9610-2018 1774 625.1211-2018 1511 473.3612-2018 1513 313.1801-2019 1428 319.2202-2019 559 476.3303-2019 532 301.0904-2019 1581 312.4705-2019 2673 319.6506-2019 2685 461.6907-2019 3057 299.4708-2019 2979 152.06
Seller Comments:
Lease Name
Sherry 1-9, 2-9, 3-9
Lot #38 Overriding RI
Operator
Indian Oil Co., Inc.
Legal Description
Sec 4-32S-12W
County & State
Barber, KS
Net Income
$130.23
(3 mo)
$43.41/mo
Net Income:Jul 2019 - $64.02Jun 2019 - $24.88May 2019 - $41.33
Seller Comments:
Decimal Interest
0.006429
Lease Name
Rynerson 2
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #39 Partial Working Interest
Operator
Unit Petroleum
Legal Description
Sec 32-5N-25E
County & State
Beaver, OK
Gross OpEx
$1,843.83
Net Income
($650.19)
GWI
0.039375
NRI
0.0282442
(19 mo)Gross Income
$1,193.64
(19 mo) (19 mo)
$62.82/mo $97.04/mo ($34.22)/mo
Year Month Production (mcf) 2018 6 15422018 7 14712018 8 14072018 9 13652018 10 12492018 11 13502018 12 13902019 1 13662019 2 1180 2019 3 12592019 4 8982019 5 1101
Seller Comments:
Lease Name
Mayo 1-32
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #40 Overriding RI
Operator
Griffin Management, LLC
Legal Description
SW NE NW SW Sec 34-32S-12W
County & State
Barber, KS
Net Income
$1,153.94
(9 mo)
$128.22/mo
API: 15-007-24304, Lease #146583
Net Income:Dec 2018- $181.27Jan 2019- $147.62Feb 2019- $111.58Mar 2019- $123.90Apr 2019- $122.11May 2019-$ 123.01Jun 2019- $136.09Jul 2019- $98.89Aug 2019- $109.47
Seller Comments:
Decimal Interest
0.002000
Lease Name
Sharron 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #41 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
E/2 NE NW SE Sec 34-32S-12W
County & State
Barber, KS
Gross OpEx
$398.42
Net Income
$171.29
GWI
0.010
NRI
0.008
(12 mo)Gross Income
$569.71
(12 mo) (12 mo)
$47.48/mo $33.20/mo $14.27/mo
API: 15-007-24298, Lease #146352
Production Breakdown:Month-Year BOPM07-2018 16008-2018 14909-201810-2018 16411-2018 15212-201801-2019 14902-201903-2019 13404-201905-2019 16406-2019 151
Seller Comments:
Lease Name
Colleen 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #42 Royalty Interest
Operator
Travis Operating, LLC
Legal Description
Gillock Field, BIG GAS, FB-A Res.
County & State
Galveston, TX
Net Income
$229.07
(6 mo)
$38.18/mo
API: 42-167-01687, Lease #03-11665
Net Income:02/2019 $41.7903/2019 $45.8804/2019 $26.0405/2019 $48.0106/2019 $22.8307/2019 $44.52
Production Breakdown:Month-Year BOPM08-2018 23409-2018 21110-2018 26311-2018 24012-2018 26701-2019 25802-2019 22203-2019 27104-2019 23905-2019 26506-2019 24607-2019 238
Seller Comments:
Decimal Interest
0.00238100
Lease Name
Deats-Holmes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #43 Partial Working Interest
Operator
Foundation Energy
Legal Description
Sec 1-142N-102W
County & State
Billings, ND
Gross OpEx
$497.47
Net Income
($170.41)
GWI
0.0012966
NRI
0.00106623
(19 mo)Gross Income
$327.06
(19 mo) (19 mo)
$17.21/mo $26.18/mo ($8.97)/mo
Year Month Production (mcf) (bbl) (mcf) (bbl)2018 7 9 0 2019 1 551 4622018 8 10 0 2019 2 751 4542018 9 4 0 2019 3 283 4402018 10 323 120 2019 4 621 3952018 11 623 327 2019 5 1099 3202018 12 676 397 2019 6 93 0
Seller Comments:
Lease Name
Shapiro 14-1H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #44 Royalty Interest
Operator
Various
Legal Description
Sec 7-17N-6W
County & State
Kingfisher, OK
Net Income
$1,030.00
(2 mo)
$515.00/mo
PUD Royalties, Inc. has bought out three previous owners, Emeritus Investments, LLC, Grant Wesley Norwood and Rosetta Land Company, LLC, to amass the pieces being sold today. We have included as many check stubs that we could round up from the previous owners, but some are unavailable to us. Using PUD’s check stubs, we can figure out the 8/8ths amount being sold has netted over $8,750.00 from April 2019 to September 2019 checks. August and September have averaged $515.00+ per month. Here’s a list of wells and 8/8ths decimal interests being sold:
35-073-26238 Tullamore 1706 #2-7MH .0006035 Alta Mesa Services, LP35-073-25295 Tullamore 1706 #4-7MH .0006035 Alta Mesa Services, LP35-073-25206 Tullamore 1706 #5-7MH .0006035 Alta Mesa Services, LP35-073-26240 Tullamore 1706 #6-7MH .0006035 Alta Mesa Services, LP35-073-26208 Tullamore 1706 #8-7MH .0006035 Alta Mesa Services, LP35-073-26209 Tullamore 1706 #9-7MH .0006035 Alta Mesa Services, LP35-073-26239 Tullamore 1706 #10-7MH .0006035 Alta Mesa Services, LP35-073-20071 White #1-7 .0019281 Teocalli Exploration, LLC35-073-20160 White #2-7 .00019281 Teocalli Exploration, LLC 35-073-25281 Mueggenborg 7-17-6 #1H .0003235 Chesapeake Energy35-073-25389 Stitt 7-17-6 #2H .0003235 Chesapeake Energy35-073-26392 Stitt 7-17-6 #3H .0003235 Chesapeake Energy 35-073-26239 Stitt 7-17-6 #4HC .0002093 Chesapeake Energy
The Stitt #4H well is a multi-section completion. Hence the difference in the payout decimal interest. We have received Alta Mesa’s check stubs uninterrupted since their bankruptcy has started. Teocalli has taken over these 2 wells recently from Chesapeake. The newest batch of horizontal wells have been online for over a year, hence their decline curves have flattened out now.
Seller Comments:
Lease Name
Tullamore, White, Mueggenborg, Stitt
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #45 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
NE Sec 16-32S-12W
County & State
Barber, KS
Gross OpEx
$103.04
Net Income
$90.14
GWI
0.00500
NRI
0.00375
(12 mo)Gross Income
$193.18
(12 mo) (12 mo)
$16.10/mo $8.59/mo $7.51/mo
API: 15-007-24267, Lease #146021
Production Breakdown:Month-Year BOPM 06-2018 13307-201808-2018 13909-201810-2018 15811-201812-2018 16201-201902-2019 14303-2019 14804-201905-2019 157
Seller Comments:
Lease Name
Jean 3
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #46 Overriding RI
Operator
Griffin Management, LLC
Legal Description
Sec 3-33S-12W
County & State
Barber, KS
Net Income
$608.76
(12 mo)
$50.73/mo
API: 15-007-24309, Lease #146635
Net Income:Aug 2019 - $37.97Jul 2019 - $42.36Jun 2019 - $28.68May 2019 - $43.57Apr 2019 - $8.95Mar 2019 - $62.60Feb 2019 - $49.40Jan 2019 - $49.44Dec 2018 - $58.70Nov 2018 - $88.33Oct 2018 - $80.97Sept 2018 - $57.79
Month-Year BOPM07-2018 31308-2018 62709-2018 47510-2018 31411-2018 32112-2018 32201-2019 47002-201903-2019 30504-2019 16105-2019 31206-2019 303
Seller Comments:
Decimal Interest
0.001250, 0.001000
Lease Name
Springer B, B1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #47 Partial Working Interest
Operator
Kaiser Francis
County & State
Roger Mills, OK
Gross OpEx
$3,898.79
Net Income
($2,245.78)
GWI
0.0322432
NRI
0.0258825
(19 mo)Gross Income
$1,653.01
(19 mo) (19 mo)
$87.00/mo $205.20/mo ($118.20)/mo
Lease Name
Sumpter 1-27
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #48 Overriding RI
Operator
Griffin Management, LLC
Legal Description
Sec 34-32S-12W
County & State
Barber, KS
Net Income
$373.01
(12 mo)
$31.08/mo
Net Income:Sept 2018 -$60.97Oct 2018 - $85.43Nov 2018 - $29.70Dec 2018 - $30.64Jan 2019 - $24.98Feb 2019 - $20.91Mar 2019 - $20.13Apr 2019 - $0May 2019 - $25.01Jun 2019 - $26.79Jul 2019 - $25.52Aug 2019 - $22.93
Production Breakdown:Month-Year BOPM 07-2018 31208-2018 46309-2018 15510-2018 15911-2018 16312-2018 16101-2019 14602-201903-2019 16004-2019 15505-2019 15506-2019 156
Seller Comments:
Decimal Interest
0.003000
Lease Name
Springer Lease
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #49 Partial Working Interest
Operator
XTO Energy Inc
Legal Description
NE NW Sec 22-142N-102W
County & State
Billings, ND
Gross OpEx
$10,762.96
Net Income
($1,955.35)
GWI
0.05
NRI
0.0385
(19 mo)Gross Income
$8,807.61
(19 mo) (19 mo)
$463.56/mo $566.47/mo ($102.91)/mo
Year Month Production (mcf) (bbl)2018 7 1114 2042018 8 855 1542018 9 1000 2092018 10 650 1062018 11 426 622018 12 1212 2602019 1 1320 2622019 2 537 1082019 3 0 02019 4 827 1752019 5 1610 3492019 6 1218 271
Seller Comments:
Lease Name
VooDoo 1-22
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #50 Operated Lease
Operator
Tengasco Inc
Legal Description
NW NE SE NW Sec 3-10S-15W and NE SW SW Sec 3-10S-15W
County & State
Osborne, KS
SWD 9/24/2019 Failed - Not in service. Hobrock SWIW #2 has a 4- 1/2" coated Model AD-1 packer.
Year Month Production (bbl) 2016 3 156.87 2017 3 156.92017 11 5.872018 4 154.71
Seller Comments:
Lease Name
Hobrock
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
7/5/806/18/80LKC#2 SWIW
8/4/07 3 69,074 bbl0.337/6/07LKC#5
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
N/AN/A N/A 200 BBLS water tank
N/AN/A2-3/8" 46 jts plastic lined,
51 jts sealtite Set
4-1/2" set @ 3635
8-5/8" set @ 245'
10'x12 210 bbls FG gun
barrel
147 3/4 " 10 HP Electric
2- 200BBLs steel stock (one bad)
American 80 D2-1/2"X1-1/2"x12'
121 jts 2-7/8" set @ 3700'
5-1/2" set @ 3747'
8-5/8" set @ 1130'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #51 Partial Working Interest
Operator
Castle Resources Inc
Legal Description
NE Sec 24-15S-18W
County & State
Ellis, KS
Gross OpEx
$342.29
Net Income
$386.26
GWI
0.015625
NRI
0.0128125
(10 mo)Gross Income
$728.55
(10 mo) (10 mo)
$72.86/mo $34.23/mo $38.63/mo
(#1) 15-051-03262, (#2) 15-051-00480, Lease #108500
Last 5 months average is $53/mo.
Production Breakdown:Year Month Production (bbl)2018 08 1592018 09 1632018 10 1612018 11 1662018 122019 01 1612019 02 1652019 03 1622019 04 2019 05 1512019 06 1632019 07 2019 08 161
Seller Comments:
Lease Name
Herl
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #52 Operated Lease
Operator
McGinness Oil Company of KS, Inc.
Legal Description
NW NE Sec 5-28S-17W (VGM), 2970' FSL & 4950' FEL Sec 5-28S-17W (Thompson SWD)
County & State
Kiowa, KS
Acres
160
GWI
100%
NRI
82%
Elevated expenses include a workover/acid job.
Year Month Production (bbl)2018 5 124.51 2018 12 154.93 2018 5 135.18
Year Month Production (mcf)2018 6 4472018 7 4602018 8 4402018 9 4222018 10 4182018 11 3862018 12 3622019 1 3732019 2 3482019 3 3482019 4 6842019 5 658
The Thompson SWD takes the VGM saltwater. The lease allows for 2 oil wells and 3 gas wells for $770/month.
Seller Comments:
Lease Name
VGM 1, Thompson SWD
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
240120 mcf (1993-2019)
19153.59 bbl (1993-2019)
191.45VGM #1
Thompson SWD
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #52.1 Operated Lease
Operator
McGinness Oil Company of KS, Inc.
Legal Description
SE NW Sec 6-28S-17W
County & State
Kiowa, KS
GWI
100%
NRI
82%
$12K for engine repair recently (not included in listed operating expenses).
Year Month Production (mcf)2018 5 741 2018 6 7002018 7 7372018 8 7272019 9 6992018 10 714 2018 11 688 2018 12 697 2019 1 701 2019 2 627 2019 3 8642019 4 670Average 714 Mcf/month
Seller Comments:
Lease Name
Keller A-1
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
441,71701/1996 2209/1995Keller A-1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #52.2 Operated Lease
Operator
Molitor Oil, Inc.
Legal Description
Sec 5-28S-17W
County & State
Kiowa, KS
Acres
160
Net Income
$0.00
GWI
100%
NRI
82%
(1 mo)
$0.00/mo
Keller 1 was producing 7 bbl of oil and 50 bbl of water per day under a packer from the Kinderhook. The pump stuck so the operator pulled the pump and reworked it. They treated the well with a mild chemical. Pump was ran back into the hole and operator swabbed for two days bringing back salt water but no oil. The operator was not able to get oil back and shut the well in. The well has been shut in for 6 years and the tubing, rods, pump, pumpjack, motor, and tank battery was moved to another well site. This is a cased hole (4 1/2") with a cap.
Keller 2 is a Mississippi gas well. Operator pulled equipment off this lease last spring and the shut in pressure was 1100 psi after having been shut in for a time. This also is a cased hole (4 1/2") with a cap.
The operator has recently had the landowner sign a new lease so the lease is active. Wells just need someone to operate them. All well files available at Mid-Continent Energy Exchange.
Seller Comments:
Lease Name
Keller 1, 2
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
28185 mcf (94 to 99)
6/15/94 N/A 16168.65 (1994-2013)
N/AN/A4/20/94Kinderhookian Stage
Keller #1
145025 mcf (03 to 14)
7/30/03 N/AN/AN/A6/24/03MississippiKeller #2
Lot #53 Overriding RI
Operator
Buckeye West, LLC
Legal Description
SW NW Sec 3-1S-15E
County & State
Brown, KS
Acres
40
Net Income
$3,424.69
(12 mo)
$285.39/mo
Gruber 3-3C (API 15-013-20036) - 0.02775Gruber 3-3D (API 15-013-20042) - 0.02775Gruber 7-3B-3 (API 15-013-20053) - 0.02775
Seller Comments:
Decimal Interest
0.02775
Lease Name
Gruber
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #54 Partial Working Interest
Operator
Abraxas Petroleum
Legal Description
Sec 28-143N-102W
County & State
Billings, ND
Gross OpEx
$7,034.47
Net Income
($171.07)
GWI
0.05
NRI
0.0375
(19 mo)Gross Income
$6,863.40
(19 mo) (19 mo)
$361.23/mo $370.24/mo ($9.00)/mo
Monthly Revenue (Oil & Gas):Jan 2018 - $1,087.01 (Oil & Gas)Feb 2018 - $77.57 (Gas)Mar 2018 - $34.21 (Gas)Apr 2018 - $48.12 (Gas)May 2018 - $23.06 (Gas)Jun 2018 - $17.34 (Gas)Jul 2018 - $32.89 (Gas)Aug 2018 - $617.43 (Oil & Gas)Sept 2018 - $610.22 (Oil & Gas)Oct 2018 - $616.50 (Oil & Gas)Nov 2018 - $443.21 (Oil & Gas)Dec 2018 - $624.73 (Oil & Gas)Jan 2019 - $408.91 (Oil & Gas)Feb 2019 - $41.31 (Gas)Mar 2019 - $474.60 (Oil & Gas)Apr 2019 - $1,036.18 (Oil & Gas)May 2019 - $596.27 (Oil & Gas)Jun 2019 - $35.69 (Gas)Jul 2019 - $38.15 (Gas)
Seller Comments:
Lease Name
Titan Federal 1-28
Lot #55 Minerals
Legal Description
S/2 SE Sec 6-23N-19W
County & State
Woodward, OK
Acres
8.5 (or two 4.25 acre lots)
Woodward County Minerals
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #56 Royalty Interest
Operator
Noble Energy
Legal Description
W/2 Sec 28-58N-9W
County & State
Weld, CO
Net Income
$1,765.55
(13 mo)
$135.81/mo
Decimals:Brecken (4 Wells) - .00014481 RI Greyson (5 Wells) - .00014481 RIBringelson (1 Well) -.00014648 RI
Weld County is in the heart of the Wattenburg field with production coming from both the Niobrara and Codell formations. This royalty interest acreage lies with in the East Pony Field. Interest was purchased in June of 2014 and there was 1 well on it, now there are 10. This royalty has been a steady producer.
Net Income:Sept 2018 - $196.56 Oct 2018 - $192.13 Nov 2018 - $183.67 Dec 2018 - $189.63 Jan 2019 - $145.54Feb 2019 - $108.37Mar 2019 - $107.12Apr 2019 - $84.71May 2019 - $87.80Jun 2019 - $113.35Jul 2019 - $110.18Aug 2019 - $88.28Sept 2019 - $158.21
Seller Comments:
Decimal Interest
See Comments
Lease Name
Bringleson, Greyson, Brecken
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #57 Overriding RI
Operator
Buckeye West, LLC
Legal Description
SW Sec 3-1S-15E and SE Sec 4-1S-15E
County & State
Brown, KS
Acres
320
Net Income
$2,283.13
(12 mo)
$190.26/mo
Decimal Interest:Randolph (API 15-013-20001) - 0.0275 Livengood (API 15-013-19001) - 0.0275 Herrmann 13-3B (API 15-013-20043) - 0.00375 Herrmann 9-4B (API 15-013-20045) - 0.00375 Hermann 9-4B-2 (API 15-013-20052) - 0.02875Herrmann 9-4 (API 15-013-20039) – 0.0275 Herrmann 16-4D (15-013-20040) - 0.0275
Note: Six (6) more locations to drill.
Seller Comments:
Decimal Interest
See comments
Lease Name
Herrmann
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #58 Royalty Interest
Operator
Mewbourne Oil Company
Legal Description
Sec 2-17N-19W, Sec 9-17N-19W, Sec 10-17N-19W
County & State
Dewey, OK
Net Income
$463.91
(4 mo)
$115.98/mo
7 Producing Wells (5 Horizontal; 2 Vertical)
Production Breakdown:89.96% - Oil10.04% - Gas0.00% NGL
Decimal Interest:Dean - 0.00033011Loreta - 0.00080463Camargo Ranch - 0.00008271
Cash Flow Represents 20% of Check Statements.Apr 2019 - $127.05May 2019 - $142.11Jun 2019 - $100.69Jul 2019 - $94.06
Seller Comments:
Decimal Interest
See comments.
Lease Name
Camargo Ranch MD HC, PA HC, Dean AP HC, NC H, Loreta NC HC, PA HC
Lot #59 Minerals
Operator
Kaiser Francis
Legal Description
Sec 6-26N-15W
County & State
Woods, OK
API: 35-151-35274, 35-151-21589; Lease #15108968502892, 15108968500000
The status of the Gardner 1-6 lease appears to be plugged. Buyer will receive mineral deed for sellers interest Sec 6-26N-15W and Sec 1-26N-16W, Woods County, OK. See copy of deed in data package. This acreage, whatever it is, gave the seller .001279 royalty interest in the Gardner 1-6 when it was producing.
Seller Comments:
Gardner 1-6
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #60 Operated Lease
Operator
Charter Energy, Inc.
Legal Description
E/2 E/2 Sec 29-11S-22W; all Sec 28-11S-22W; NW Sec 21-11S-22W
County & State
Trego, KS
Acres
960 +/-
GWI
100%
NRI
81%
+/- 960 contiguous acres in Charter Energy’s Shaw Creek Field Waterflood Unit. The Entire Shaw Creek Field has produced over 1,800,000 bbl of oil to date. Charter Energy’s lease acres have produced over 426,000 of those barrels.Legal Descriptions:SW/4 21 (Spring Valley Angus Lease) 160 acres +/-E/2E/2 29 (Nihlas Lease) 160 acres +/-ALL 28 Berens-Ries, Honas A and Honas B Leases) 640 acres +/-All located in Township 11s Range 22w in Trego Co, KS.
This acreage has never been 3-D’d.
6 producing wells: 1 Shut-in Well (now plugged): Berens Ries 4 Berens-Ries 6 Berens Ries 5 1 Salt Water Disposal: Berens Ries 11 - possible tubing leak Shaw Creek Unit 1 SWD Spring Valley Angus C-3 3 Auhorized Injection Wells: Honas B1 Berens-Ries 13 Honas B2 Honas A-2 Spring Valley Angus Ranch C1
This is a Multiple Zone Lansing Kansas City Waterflood with other pay zones including Topeka, Toronto, Marmaton and Arbuckle. Production Averages 4 to 6 BOPD - The production average for 2019 is low due to downtime from weather and the loss of the Honas "A" #1 well from a casing leak.2018 Oil sales were 1978 BBLS or 5.4 bopd. November 2019 oil production 4.5 bopd without Berens Ries 11. All salt water is disposed of on lease … there are no salt water hauling fees.
UPSIDE POTENTIAL: There has been some horizontal drilling nearby in the Marmaton formation.Production has fallen from 12 bopd in 2014 to 5 bopd currently, mainly because of a loss of wells in the field due to casing leaks and the fact that all of these wells were originally completed with 4.5 inch production casing. That however, opens up the possibility of drilling infill wells.These leases lie outside of the operator’s core area and would be the perfect project for an operator that was nearer the area.Operator believes there is still unrecovered oil but 4-1/2" casing and casing leaks have prevented the economic recovery of it. Acreage needs 3D shoot and new wells drilled and completed with larger casing.
Seller Comments:
Lease Name
Shaw Creek Waterflood Unit
Gross BOPD
5.4
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #61 Minerals
Legal Description
S/4 Sec 33-23N-19W
County & State
Woodward, OK
Acres
40
Woodward County Minerals
Lease Name
Lot #62 Partial Working Interest
Operator
Darrah Oil Co
County & State
Beaver, OK
Gross OpEx
$1,579.45
Net Income
($666.45)
GWI
0.04312500
NRI
0.03599858
(19 mo)Gross Income
$913.00
(19 mo) (19 mo)
$48.05/mo $83.13/mo ($35.08)/mo
Lease Name
Barby 1-36
Lot #63 Overriding RI
Operator
Griffin Management, LLC
Legal Description
W/2 Sec 28-29S-15W
County & State
Pratt, KS
Acres
320
Net Income
$10,060.73
(6 mo)
$1,676.79/mo
Three additional locations to drill by 6/2020. Net Income represents 25% of Check Statements. Seller owns a 0.01 decimal interest and is selling 1/4% in this auction.
November production was 5,010 bbl or 167 bbl per day. Operator sold November oil for $52.00 per bbl. Revenue for this .0025 interest was $651 in November.
Seller Comments:
Decimal Interest
0.0025
Lease Name
Addie, Cambrie
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #64 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
SE Sec 34-9S-16W
County & State
Rooks, KS
Acres
160
Gross OpEx
$15,483.49
Net Income
($2,633.34)
GWI
100%
NRI
87.5%
(12 mo)Gross Income
$12,850.15
(12 mo) (12 mo)
$1,070.85/mo $1,290.29/mo ($219.45)/mo
Well #1 API 15-163-03626-0000 ProducingWell #2 API 15-163-23553-0002 TA'dWell #3 API 15-163-23098-0002 Producing; *2007 converted to EOR; 2019 converted to oil well.
Recently the #1 was pulled for a tubing leak and pump change. The pumping unit on the #3 was repaired and both wells are producing. The #2 injection well is shut-in with a casing leak. It was cement squeezed twice in 2014 and still had a slight leak and would not pass a MIT. Production was 4 bopd at the time the #2 was shut-in.
Other Equipment: 1 2'x10' FG stock tank; 6'x15' FG GB 2x10 FG Closed Top Water Tank; AD-1 Packer at 3064
Seller Comments:
Lease Name
Becker
Gross BOPD
1.1
Gross BWPD
36
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1950 2 10,600 bbl00.81950LKC#1
2012 0002012LKC#2
*1990 3400.31990LKC#3
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
123 3/4" 15 hp electric motor
Happy T5120-H
2x1.5x12' RWT
2-3/8" set at 100'
5.50" set at 3094'
8.625 set at 98'
10 hp electric motor
Lufkin 1142-1/2" likely set at 3400'
4.5" set at 3427'
8.625 set at 217'
120 3/4" 2x1.5x10' with PA plunger
2-3/8" set at 97'
4.5" set at 3185'
8.625 set at 222'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #65 Minerals
Legal Description
E/2 Sec 2, all of Sec 12 and all of Sec 14-14S-53W
County & State
Lincoln, CO
Acres
1600
Seller has seismic for sections 1,2,11,12, 13 & 14 that goes to the successful buyer.
Seller owns the minerals in 2 1/2 sections (those 1600 acres of minerals we are selling). Seller had a 6 section seismic shoot done (sections and had the seismic interpreted by a group of geophysicists that are very active in that area. He said there are 15 drilling locations based on structure closure on part of the land and some additional locations according to the seismic. Seller says the group that did the interpretation have found several "discovery" wells in surrounding counties and they are now drilling their 4th or 5th completion.
Seller Comments:
Lincoln County Minerals
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #66 Partial Working Interest
Operator
Chesapeake Operating LLC
Legal Description
Sec 5-23N-17W
County & State
Woodward, OK
Gross OpEx
$233.06
Net Income
$131.82
GWI
0.01
NRI
0.0077
(12 mo)Gross Income
$364.88
(12 mo) (12 mo)
$30.41/mo $19.42/mo $10.99/mo
API: 35-153-22646; Lease #15311418400000
Recently, the bills on this well were higher and production has started again. Seller thinks they might have reworked the well.
Net Income:10/2019 - $4.7011/2019 - $4.0212/2019 - $15.6601/2019 - $25.6602/2019 - $13.9603/2019 - $7.9704/2019 - $2.8305/2019 - $51.6506/2019 - $0.8407/2019 - $16.0908/2019 - ($4.93)09/2019 - ($6.63)
Taxes:$77.19 YTD$92.37 2018$26.74 2017
Seller Comments:
Lease Name
Evaline 1-5
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #67 Partial Working Interest
Operator
Camino Natural Resources, LLC
Legal Description
Sec 17-5N-5W
County & State
Grady, OK
Gross OpEx
$269.20
Net Income
$168.36
GWI
0.005
NRI
0.00463439
(10 mo)Gross Income
$437.56
(10 mo) (10 mo)
$43.76/mo $26.92/mo $16.84/mo
API: 15-051-22688Seller Comments:
Lease Name
Jackson 2-17
Lot #68 Open Minerals
Legal Description
Sec 36-7N-10W
County & State
Caddo, OK
Acres
3.125 NMA
Caddo County Minerals
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #69 Partial Working Interest
Operator
Chesapeake Operating LLC
Legal Description
Sec 14-25N-16W
County & State
Woods, OK
Gross OpEx
$330.26
Net Income
($237.59)
GWI
0.04591909
NRI
0.03515625
(12 mo)Gross Income
$92.67
(12 mo) (12 mo)
$7.72/mo $27.52/mo ($19.80)/mo
API: 35-151-21134, Lease #15106751900000
Recently, the bills on this well were higher and production has started again. Seller thinks they might have reworked the well.
Net Income:10/2018 - $0.0011/2018 - $0.0012/2018 - $0.0001/2019 - $0.0002/2019 - ($0.02)03/2019 - ($3.80)04/2019 - $0.0005/2019 - $0.0006/2019 - $0.4907/2019 - ($65.55)08/2019 - ($129.84)09/2019 - ($38.87)
Seller Comments:
Lease Name
Rawson 1-14
Lot #70 Partial Working Interest
Operator
Castle Resources Inc
Legal Description
SE Sec 3-15S-21W
County & State
Trego, KS
Gross OpEx
$1,833.00
Net Income
($1,002.00)
GWI
0.03125
NRI
0.02563
(10 mo)Gross Income
$831.00
(10 mo) (10 mo)
$83.10/mo $183.30/mo ($100.20)/mo
This lease has had 3 tubing leaks and a pump change in 2019.
API: 15-195-22538
Seller Comments:
Lease Name
Garrison
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #71 Open Minerals
Legal Description
Sec 33-15N-14E
County & State
Okmulgee, OK
Acres
1.8571 NMA
Okmulgee County Minerals
Lease Name
Lot #72 Open Minerals
Legal Description
Sec 20-27N-2E
County & State
Kay, OK
Acres
1.1809
Kay County Minerals
Lease Name
Lot #73 Partial Working Interest
Operator
Abercrombie Energy, LLC
Legal Description
S/2 Sec 34-6N-22E
County & State
Beaver, OK
Gross OpEx
$4,596.00
Net Income
$270.00
GWI
61.6508%
NRI
52.67014%
(10 mo)Gross Income
$4,866.00
(10 mo) (10 mo)
$486.60/mo $459.60/mo $27.00/mo
Gas well making a steady approx. 22 MCFD. Holds 320 acres.
API: 35-007-36426
Seller Comments:
Lease Name
Boates
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #74 Overriding RI
Operator
L D Drilling, Inc.
Legal Description
2280'FSL, 1200'FEL, SE Sec 30-10S-18W
County & State
Rooks, KS
Acres
160
Net Income
$3,187.00
(12 mo)
$265.58/mo
API: 15-163-24356.
The Couse #1-30 was drilled in the SE/4 of Section 30 -10S-18W, Rooks County, Kansas by L.D. Drilling in April, 2018. The Couse is operated by L.D. Drilling and was completed as an oil well producing from commingled perforations in the Lansing J, K, and L zones, the Toronto and Lower Topeka. The well has produced 1,900 barrels of oil to date and is currently making 5 barrels per day.
Seller Comments:
Decimal Interest
0.0325
Lease Name
Couse 1-30
Lot #75 Partial Working Interest
Operator
Castle Resources Inc
Legal Description
SW NE NE Sec 22-12S-20W
County & State
Ellis, KS
Gross OpEx
$664.36
Net Income
($31.53)
GWI
0.03215
NRI
0.02563
(10 mo)Gross Income
$632.83
(10 mo) (10 mo)
$63.28/mo $66.44/mo ($3.15)/mo
API: 15-051-25586Seller Comments:
Lease Name
Armbrister
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #76 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
W/2 Sec 29-34S-29W; N/2 Sec 32-34S-29W; N/2 Sec 28-34S-29W
County & State
Meade, KS
Acres
960 (640 and 320)
Gross OpEx
$21,449.93
Net Income
$3,577.64
GWI
100%
NRI
Adams 76.5625%; Mohler 81%
(12 mo)Gross Income
$25,027.57
(12 mo) (12 mo)
$2,085.63/mo $1,787.49/mo $298.14/mo
Note: 100% GWI may be available. Waiting on confirmation.
Gross Income: Gross Expenses:$ 4,269.04 Adams 1-29 $ 4,304.53$ 1,755.88 Adams 1-32 $ 4,945.48$ 9,010.98 Adams 2-32 $ 7,983.51$ 9,991.67 Mohler $ 4,216.41---------------- -----------------$25,027.57 $21,449.93
Crude Purchaser: CHS McPherson RefineryGas Purchaser: Regency Midcon Gas, LLC
Trans Pacific Oil Corporation owns four producing gas wells in sections 28, 29 and 32 all in T 34 S – R 29 W, Meade County, Kansas. Producing zones include Morrow Sand, St. Louis, Upper and Lower sands in the Chester. The Adams 1-29, Adams 1-32 and Adams 2-32 have sold approximately 52,000 barrels of oil in addition to their gas sales. See map.
A drilling location has been discussed on HBP acreage in the N/2 SW/4 of section 29 that appears to have good Morrow Sand potential between the Adams 1-29 and Adams 2-32, both of which produce from Morrow Sand. This location has not been drilled to date.
Seller Comments:
Lease Name
Adams 1-29, 1-32, 2-32; Mohler 1-28
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot 76 Adams, Mohler (Continued)
Other Equipment: Gemini G26 W/ Quincy ORNG Compressor
Click here for Adams drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,822,642 mcf
1961 1,666 bbl701960Morrow SandAdams 1-29
655,598 mcf1982 35,756 bbl801982Morrow Sand, Miss
Adams 1-32
434,901 mcf1984 14,336 bbl13.51984Morrow Sand, Miss
Adams 2-32
1,030,825 mcf
2002 01602001Morrow SandMoler 1-28
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
36"x10' vertical
separator
12'x10' SWT Netted
5900' 2-3/8" TBG
4.5" set at 5970'
8.625" set at 1361'
6325' Grade D sucker rods
Arrow C-96 engine
12'x10' SWT, 12x12 stock
tank, 4'x15' HT
Morgan 160D 74" SL
2x1.25x14 RWB
6350' 2-3/8" J-55 TBG
4.5" set at 6430'
8.625" set at 1544'
McDonald Gas Pack
1825' Grade D-7/8" 3975'-3/4" sucker
rods
Arrow C-96 engine 18 HP
6'x16' Netted SWT 210 bbl
and 12x12 250 bbl stock tank.
Sentry 114 64" SL
2x1.25x14 RWB
5850' 2-3/8" J-55 TBG
4.5" set at 6340'
8.625' set at 1524'
36"x10' 125# vertical
separator
FG 12'x10' 200 bbl closed top
SWT
5900 2-3/8" J-55
4.5" set at 6519'
8.625" set at 1634'
Lot #76.1 Royalty Interest
Operator
Trans Pacific Oil Corp
Legal Description
N/2 Sec 28-34S-29W
County & State
Meade, KS
Net Income
$396.00
(12 mo)
$33.00/mo
API: 15-119-21066Seller Comments:
Decimal Interest
0.0325
Lease Name
Mohler
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #77 Partial Working Interest
Operator
Ritchie Exploration Inc
Legal Description
SE Sec 12-18S-14W
County & State
Barton, KS
Gross OpEx
$1,314.24
Net Income
($698.89)
GWI
0.03125
NRI
0.0247802
(10 mo)Gross Income
$615.35
(10 mo) (10 mo)
$61.54/mo $131.42/mo ($69.89)/mo
This lease had a tubing leak, rod part, pump change and a partial rod string replaced in 2019.
API: 15-009-23109
Seller Comments:
Lease Name
Smith-Tromer P
Lot #78 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
N/2 N/2 SE Sec 1-32S-12W
County & State
Barber, KS
Acres
40
Gross OpEx
$614.15
Net Income
($198.55)
GWI
0.8
NRI
0.01
(12 mo)Gross Income
$415.60
(12 mo) (12 mo)
$34.63/mo $51.18/mo ($16.55)/mo
Lease Name
Lukens 1
Lot #79 Open Minerals
Legal Description
NW Sec 11-19S-34W
County & State
Scott, KS
Acres
10 NMA (160 gross acres)
Scott County Minerals
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #80 Open Minerals
Legal Description
NE Sec 17-18S-41W
County & State
Greeley, KS
Acres
8.5 NMA (160 gross acres)
Greeley County Minerals
Lease Name
Lot #81 Partial Working Interest
Operator
O'Ryan Oil and Gas
Legal Description
South 80 acres of the R.W. Carter Survey, Abstract 753
County & State
Fisher and Scurry, TX
Acres
80
Gross OpEx
$716.48
Net Income
($542.96)
GWI
0.00110650
NRI
See comments.
(12 mo)Gross Income
$173.52
(12 mo) (12 mo)
$14.46/mo $59.71/mo ($45.25)/mo
API: TXO07B010186 (Lease No. 10186)
Decimal Interest:Unit Tract 1 - 0.00103049 NRIUnit Tract 2 - 0.00103049 NRIUnit Tract 4 - 0.00103049 NRIUnit Tract 5 - 0.00103049 NRIUnit Tract 6 - 0.00099962 NRIUnit Tract 7 - 0.00099962 NRIUnit Tract 8 - 0.00082380 NRIUnit Tract 9 - 0.00099190 NRI
Seller Comments:
Lease Name
Ocho Juan Unit
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #82 Open Minerals
Legal Description
NE Sec 5-25S-6W
County & State
Reno, KS
Acres
30 NMA (160 gross acres)
Reno County Minerals
Lease Name
Lot #83 Open Minerals
Legal Description
NW Sec 28-14N-8E
County & State
Creek, OK
Acres
1 NMA (160 Gross Acres)
Creek County Minerals
Lease Name
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #84 Operated Lease
Operator
Western Pacific Farms, Inc.
Legal Description
Sec 14-28S-31W
County & State
Haskell, KS
Acres
640
Gross OpEx
$2,606.83
Net Income
$1,046.74
GWI
100%
NRI
84.76562%
(9 mo)Gross Income
$3,653.57
(9 mo) (9 mo)
$405.95/mo $289.65/mo $116.30/mo
API: 15-081-00184 (Robinson 1-14) & 15-081-21759 (Robinson 2-14), Lease #203307Oil Gravity and/or Gas BTU: 946.91.Gross income is working interest portion only. $137.53 property taxes included in expenses.Cash Flow Time Period: January 2019 to September 2019.
Production Breakdown:Month MCFPM11-2017 95712-2017 101101-2018 118102-2018 99503-2018 101704-2018 100905-2018 96206-2018 88307-2018 98008-2018 105409-2018 71110-2018 794
PERFS: 2705'-2715'Nice lease, set up with 480 volts.**BWPD: Pumped to common tank.
Seller Comments:
Lease Name
Robinson 1-14 and 2-14
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,218,280 mcf
5/1/52 4.3342/1/52Hugoton ChaseRobinson 1-14
reported with 1-14
3/10/08 **see note above
metered togeter
10/5/07Hugoton ChaseRobinson 2-14
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
5/8" rods 7.5 HP 1200 RPM
210Yes2x1.5x10 RWBC
2 3/8 2721.71'
5.5" TD 2765'8 5/8 @600'
NA5/8 rods 7.5 HP 1200 RPM
Combined with #1
Yes2X1.5X10 RWBC
2 3/8 2735'5.5"@2740'8 5/8 @ 852.6'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #85 Operated Lease
Operator
Western Pacific Farms, Inc.
Legal Description
W/2 Sec 31-28S-31W
County & State
Haskell, KS
Acres
640
Gross OpEx
$567.52
Net Income
$398.74
GWI
100%
NRI
87.5%
(9 mo)Gross Income
$966.26
(9 mo) (9 mo)
$107.36/mo $63.06/mo $44.30/mo
API: 15-081-20082, Lease #203858Oil Gravity and/or Gas BTU: 790.37
Production Breakdown:Month-Year MCFPM07-2018 38708-2018 38509-2018 36110-2018 39311-201812-201801-201902-2019 33603-2019 33804-2019 29505-2019 32306-2019 380
Taxes $56.60 annually included in monthly expenses (divided by 12 months). $42.45 personal property taxes included in expenses.Cash Flow Time Period: January 2019 to September 2019.
PERFS: 2704-2714'
Seller Comments:
Lease Name
Smith Estate 1-31
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
293,012 mcf12/75 01212/75Hugoton ChaseSmith Estate 1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
NA5/8 plain 106 rods
Electric 7.5 HP 1200 RPM
YesYes1.5X1.25X 10' RWBC
1.5"26884.5"@2735'8 5/8@667'
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #86 Partial Working Interest
Operator
Charles N. Griffin
Legal Description
W/2 E/2 SE NE Sec 15-32S-12W
County & State
Barber, KS
Acres
10
Gross OpEx
$161.57
Net Income
$225.33
GWI
0.005
NRI
0.004
(12 mo)Gross Income
$386.90
(12 mo) (12 mo)
$32.24/mo $13.46/mo $18.78/mo
Lease Name
Betty 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #87 Operated Lease
Operator
McGinness Oil Company of KS, Inc.
Legal Description
SE SW Sec 18-32S-10W
County & State
Barber, KS
Acres
160 E/2 SW & W/2 SE Sec 18-32S-10W
GWI
100%
NRI
82.3125%
Year Month Production (mcf)2018 5 261 2018 6 367 2018 7 2892018 8 2942019 9 3482018 10 339 2018 11 234 2018 12 357 2019 1 334 2019 2 240 2019 3 3132019 4 2472019 5 3292019 6 2402019 7 2722019 8 386
Seller Comments:
Lease Name
Scripsick 1
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
282,03506/1982 1405/1982MississippiScripsick 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #88 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
SE Sec 1-24S-16W
County & State
Edwards, KS
Acres
160
Gross OpEx
$910.24
Net Income
($910.24)
GWI
81.94441%
NRI
67.22%
(12 mo) (12 mo)
$75.85/mo ($75.85)/mo
API: 15-047-20266-0000; Lease # 217434Gas Purchaser: SemGas LPShut-in royalties are paid up.
Seller Comments:
Lease Name
Neidig 3
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
277,826 mcf12/19/77 Shut-in 241 bblShut-inShut-in6/17/77Lansing1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
24"x10', 125#, Max vertical
14194
Ajax 7.5x10, 8" Sheave, No Timer,
Ser.# 53661
Glasco 10x8 FG, Netted
Tank
National F-135B -80DW, 48" Stroke,
Ser.# 26841*
131 2-3/8"4.5" set at 4064' w/150
8.625" set at 332'
w/250 sx
Operator
Trans Pacific Oil Corp
Legal Description
NE Sec 18-26S-17W
County & State
Edwards, KS
Acres
160
Gross OpEx
$1,870.08
Net Income
($1,870.08)
GWI
84.19792%
NRI
71.370855%
(12 mo) (12 mo)
$155.84/mo ($155.84)/mo
API: 15-047-20724-0000Gas Purchaser: Oneok Field Services Co., LLCShut-in royalties are paid up.
Additional Well Information:* Engine: Arrow C-66 14H.P., 9" Sheave, No Timer, 350-700, Ser.# 86102 **Tank Battery: 200 Bbl. FG SWT, Open, Netted.McDonald 250 bbl. Welded, Ser.# MO4199
Seller Comments:
Lease Name
Shannon 1
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
529,257 mcf10/3/80 Shut-in 0Shut-inShut-in9/15/80Cherokee1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
178 3/4" * **International Derrick, 74"
stroke
2 x1.5x10' 40 ring PA
plunger
141 2-3/8"4.5"set at 4585' w/175
sx
8.625" set at 292'
w/275 sx
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Trans Pacific Oil Corp
Legal Description
See below
County & State
Kiowa, KS
Acres
440
Gross OpEx
$11,031.17
Net Income
$7,092.83
GWI
92.812467%
NRI
70.250177%
(12 mo)Gross Income
$18,124.00
(12 mo) (12 mo)
$1,510.33/mo $919.26/mo $591.07/mo
Legal Description: The SE/4 NE/4 of Section 23-T27S-R18W and the NW/4 and the W/2 NE/4 of Section 24-T27S-R18W, Kiowa County, Kansas; the SE/4 NE/4 of Section 23-T27S-R18W and the NW/4 and the W/2 NE/4 of Section 24-T27S-R18W, Kiowa County, Kansas; the E/2 NE/4 of Section 24-T27S-R18W and the W/2 NW/4 of Section 19-T27S-R17W, Kiowa County, Kansas.
API: (#1) 15-097-20370-0000; (#2) 15-097-20521-0000 Lease: 206288Gas Purchaser: Oneok Field Services Co., LLC
Additional Well Information:Other Equipment - MacPak 14"x7' 6" 1000#
Production Breakdown:Year Month Production (bbl) 2019 1 13852019 2 1173 2019 3 1472 2019 4 14652019 5 14392019 6 13482019 7 546
Seller Comments:
Lease Name
Grove Riley 1, 2
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,091,641 mcf
5/9/77 5 01001/1/77Mississippi1
Combined with #1
4/30/79 Combined with #1
0Combined with #1
03/2/79Mississippi2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
189 3/4" 10 Hp 12x10 No Inlet Steel Tank
8' 6" water tank
National SR 80D
w/reducing jack shaft
2"x1-1/2" x12' RWBC
DV HR Strainer
159 2-3/8"4.5"set at 4819' w/100
sx
8.625" set at 407'
w/300 sx
188 3/4" Arrow C-66 12x10 No Inlet steel tank
8'6" water tank
Sentry CG80D /54" max serial P80
00118
2x1.25x12' RWB DV HVR w.6'
GA
150 2-3/8"4.5" set at 4812' w/125
sx
8.625" set at 3691 w/300 sx
Total Lot Net Monthly Income: $359.38
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #89 Royalty Interest
Operator
Chesapeake Operating LLC
Legal Description
See comments
County & State
Dimmit, TX
Net Income
$282.88
(3 mo)
$94.29/mo
19 Producing Horizontal Wells --- 82.74% - Oil 10.21% - Gas 7.05% - NGL
Legal Description:586.50 acres, more or less, being a part of the John Flanders Survey No. 496, Abstract No. 60, and the Jas P. Trezevant Survey No. 499, Abstract No. 710, Dimmit County, Texas, and being further described as Tract One and Tract Two as follows to-wit: Tract One: 486.50 acres, more or less, being a part of the John Flanders Survey No. 496, Abstract No. 60, and the Jas P. Trezevant Survey No. 499, Abstract No. 710, Dimmit County, Texas, and being more particularly described as Subtract A and Subtract B in that certain Royalty Deed dated October 22, 1962, from Louis B. Manka, et ux, to Louis E. Manka, et ai, being recorded in Volume 123, Page 108 of the Deed Records of Dimmit County, Texas; Tract Two: 100.00 acres, more or less, being a part of the Jas P. Trezevant Survey No. 499, Abstract No. 710, Dimmit County, Texas, and being more particularly described in that certain Royalty Deed dated October 22, 1962, from Louis B. Manka, et ux, to Louis E. Manka, et ai, being recorded in Volume 123, Page 110 of the Deed Records of Dimmit County, Texas.
Cash Flow Represents 1.5% of that shown on Check Statements in data room.
Cash Flow for interest being sold shown below.Mar 2019 - $90.33 Apr 2019 - $104.92 May 2019 - $87.63
Seller Comments:
Decimal Interest
See comments
Lease Name
Valley Wells Unit H
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Lot #91 Overriding RI
Operator
Vess Oil Corporation
Legal Description
E/2 SW Sec 21-16S-25W
County & State
Ness, KS
Acres
80
Net Income
$2,057.76
(12 mo)
$171.48/mo
11/20/2019 - Vess Oil confirmed the well is producing.
API: 15-135-22087
Net Income: Nov 2018 - $289.37Dec 2018 - $228.65Jan 2018 - $191.43Feb 2018 - $0Mar 2019 - $211.87Apr 2019 - $229.72May 2019 - $0Jun 2019 - $245.13Jul 2019 - $225.33Aug 2019 - $0Sep 2019 - $220.81Oct 2019 - $215.45
Seller Comments:
Decimal Interest
0.02734370
Lease Name
Mollenkamp
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #92 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
NW Sec 36-23S-15W
County & State
Pawnee, KS
Acres
160
Gross OpEx
$3,468.88
Net Income
($2,803.61)
GWI
96.875%
NRI
75.9712%
(12 mo)Gross Income
$665.27
(12 mo) (12 mo)
$55.44/mo $289.07/mo ($233.63)/mo
API: (#1) 15-145-20410-0000; (#2) 15-145-21487-0000
Trans Pacific Oil Corporation owns two gas wells on a lease containing 160 acres in the NW/4 of section 36-23s-15w, Pawnee County, Kansas. Both wells are completed in the Viola chert and are equipped with pumping units. The #1 well, drilled in 1976 has produced 753 million cubic feet of gas and has been shut in since 2013 with pump problem. The #2, drilled in 2003 has produced 109 million cubic feet of gas and is currently making about 5 MCFGPD and little water. Produced gas is purchased by Lumen Midstream.
The Viola chert is about 40 to 45 feet thick in these wells and is overlain by three to four feet of shale with 35 to 40 feet of Conglomerate chert above the shale. Drill stem tests were run covering just the Conglomerate chert in both wells and gauged over 950 MCFGPD on the #1 and about 30 MCFGPD on the #2. The Conglomerate chert is known to produce in the immediate area but has not been perforated in either well, leaving potential reserves behind the pipe.
Seller Comments:
Lease Name
English 1, 2
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
910090 mcf7/21/76 14 bbl601/16/75Viola1
Combined with #1
9/20/03 Combined with #1
Combined with #1
09/12/03Viola2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
161 3/4" 10 hp 10x8 FG water tank 10x8 FG 100 bbl water
tank
Cabot 802 x 1 1/2 x12' BHD
DV Hollow Rod
128 2-3/8"4.5"set at 4105' w/125
sx
8.625" set at 370'
w/250 sx
3/4" set at 4000'
10 hp 10x8 FG water tank 10x8 FG 100 bbl water
tank
American 57D2-3/8" set at 4022'
5.5" set at 4239' w/150
sx
8.625" set at 368'
w/240 sx
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Trans Pacific Oil Corp
Legal Description
SE Sec 35-22S-16W; SW Sec 36-22S-16W
County & State
Pawnee, KS
Acres
320
Gross OpEx
$7,580.36
Net Income
$9,206.22
GWI
75.0001%
NRI
61.5234%
(12 mo)Gross Income
$16,786.58
(12 mo) (12 mo)
$1,398.88/mo $631.70/mo $767.19/mo
API: 15-145-20138-0000
The Galliart lease contains 320 acres in the SE/4 of section 35 and the SW/4 of section 36-22s-16w, Pawnee County, Kansas. The Galliart #1 was drilled in late 1969 in the SE/4 of section 35. Completed in the Conglomerate chert, this well has produced 2.464 billion cubic feet of gas to date and currently makes about 45 MCFGPD which is sold to Lumen Midstream and is equipped with a pumping unit. Water production is about 2 barrels per day. The Conglomerate chert is productive in this area around the flanks of small Arbuckle structures where chert accumulations tend to be thicker. In addition to Conglomerate chert, production in the immediate area is seen in the Arbuckle, multiple zones in the Lansing, and Toronto. Smaller amounts of gas have also been produced within ½ mile of the Galliart from the Chase Group from a depth of 2000 feet to 2100 feet.
Additional Well Information:* Engine: 10 hp, 1106 rpm, 3-1/2" motor scheve, 24"unit scheve.
Seller Comments:
Lease Name
Galliart 1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
2,403,900 mcf
1/29/70 041012/8/69Cong1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
61 3/4" rods96 5/8" rods
* 8x10 Steel STEmsco DC-77 (80D) in short
hole
2 x 1.25 x 12' RWB
HVR
128 2-3/8"4.5" set at 4073' w/100
sx
8.625"set at 208' w/150
sx
Total Lot Net Monthly Income: $533.55
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #93 Overriding RI
Operator
Davis Petroleum
Legal Description
NW Sec 17-16S-12W
County & State
Barton, KS
Acres
160
Net Income
$1,795.94
(12 mo)
$149.66/mo
Staudinger #1 NE/4NE/4NW/4 Section 17-T16S-R12W API# 15-009-23188 Oil Producing per KGS
Staudinger #2 SE/4NE/4NW/4 Section 17-T16S-R12W API# 15-009-23277 Oil Producing per KGS
Davis Petroleum, Inc on 11/15/19 confirmed that the wells are producing.
Net Income:Nov 2018 - $0Dec 2018 - $235.75Jan 2019 - $189.09Feb 2019 - $0Mar 2019 - $225.56Apr 2019 - $0May 2019 - $0Jun 2019 - $489.87Jul 2019 - $221.38Aug 2019 - $0Sep 2019 - $221.71Oct 2019 - $212.58
Seller Comments:
Decimal Interest
0.02734380
Lease Name
Staudinger
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #94 Royalty Interest
Operator
Encana
Legal Description
See comments.
County & State
Karnes, TX
Net Income
$271.53
(3 mo)
$90.51/mo
8 Producing Horizontal Wells
Production Breakdown:88.51% - Oil5.20% - Gas6.29% - NGL
Cash Flow Represents 30.00% of Check StatementsMay 2019 - $33.68Jun 2019 - $92.67Jul 2019 - $145.18
Legal Description:0.99 acres, being all of Outlying Block 13 of the City of Karnes City, as depicted on the Revised Official Map of the City of Karnes City, recorded in Plat Cabinet A, Slide 92, Plat Records, Kames County, Texas, and being a portion of the same land described in a Deed dated November 17, 1923 from Sophia Seidel, a feme sole, to Frank Homeyer, recorded in Volume 70, Page 53, Deed Records of Karnes County, Texas. SAVE and EXCEPT that portion of Outlying Block 13 described in a Rightof Way Deed from Frank Homeyer to the State of Texas dated August 30, 1938, recorded in Volume 115, Page 631, Deed Records of Kames County, Texas; 2.47 acres of land out of Outlying Block 13 described in a Warranty Deed with Vendor's Lien dated March 4, 1944 from Frank Homeyer and wife, Matilda Homeyer to Hulon Harvey, recorded in Volume 181, Page 344, Deed Records, Karnes County,Texas; that portion of Outlying Block 13 described in a Warranty Deed with Vendor's Lien dated June 9, 1945, from Frank Homeyer and wife, Matilda Homeyer to Collin Shular, recorded in Volume 152, Page28, Deed Records, Karnes County,Texas; and 1.00 acres of land out of Outlying Block 13 described in a Warranty Deed dated June 26, 1945, from Frank Homeyer and wife, Matilda Homeyer to Mable Johnson, recorded in Volume 152, Page 90, Deed Records, Karnes County, Texas, leaving a residue of 0.99 acres, more or less.
Seller Comments:
Decimal Interest
0.00005509, 0.00001033, 0.00029769
Lease Name
Duncan Unit H, Jendrusch Unit H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #95 Royalty Interest
Operator
Scout Energy Mgmt LLC
Legal Description
See comments
County & State
Wise, TX
Net Income
$258.69
(3 mo)
$86.23/mo
7 Producing Horizontal Wells
Production Breakdown:7.92% - Oil45.98% - Gas46.10% - NGL
Cash Flow Represents 50.00% of Check StatementsMar 2019 - $81.46Apr 2019 - $91.00May 2019 - $86.23
Legal Description:The Henry A Gas Unit, as defined by declaration of pool recorded at instrument 201328904, creates a 298.23 acre gas unit from depths below the top of the Marble Falls formation in Wise County, Texas. Taylor Unit 1H & 2H, 322.37 acres of land more particularly described in Declaration of Pool dated April 22, 2013 and filed of record as Document No. 2013-23867 of the Property Records of Wise County, Texas. George A Unit 1H & 2H, Unit Wells in the 341.0 acre George A Unit, Traversing Parts of surveys John Robertson A-721, Willis Monk A-555, and John Coughlin A-151, Recorded in Wise County, Texas.
Seller Comments:
Decimal Interest
0.00121999, 0.00014870, 0.00279661
Lease Name
George A Unit H, Henry A Unit H, Taylor Unit H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #96 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
NW Sec 28-31S-11W
County & State
Barber, KS
Acres
160
Gross OpEx
$788.43
Net Income
($788.43)
GWI
100%
NRI
81%
(12 mo) (12 mo)
$65.70/mo ($65.70)/mo
API: 15-007-21988-0000Gas Purchaser: West Wichita Gas Gathering, LLCShut-in royalties are paid up.
Other Equipment: Quincy Q Compressor
Seller Comments:
Lease Name
Stephenson 1-28
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
663,476 mcf1985 Shut-in 0Shut-in01985Shawnee1-28
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
10' Vertical, Ser.#VHPS3077
5-2
149 3/4" rods Arrow C-66-6" Sheave, no timer,
350- 700 rpm
6 x 12 Open SWT
Sentry CH 80D, 54"
Stroke, Ser.# D80-00317
2" x 1-1/2" x 12' RWB
HR
117 2-3/8"4.5" set at3925'
w/125 sx
8.625" set at358' w/210
sx
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #97 Overriding RI
Operator
Beehive Operating, LLC
County & State
Zapata, TX
Net Income
$268.33
(3 mo)
$89.44/mo
13 Producing Horizontal Wells
Production Breakdown:0.00% - Oil100.00% - Gas0.00% - NGL
Cash Flow Represents 25.00% of Check StatementsMar 2019 - $81.48Apr 2019 - $98.96May 2019 - $87.89
Seller Comments:
Decimal Interest
See comments.
Lease Name
Alvarez GU, GH C, GU T, Fal
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #98 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
See below
County & State
Kingman, KS
Acres
320
Gross OpEx
$2,479.95
Net Income
$2,549.19
GWI
100%
NRI
80.85938%
(12 mo)Gross Income
$5,029.14
(12 mo) (12 mo)
$419.10/mo $206.66/mo $212.43/mo
Legal Description: The East 100 Acres of NW SE Sec 12-29S-10W; The West 60 acres of W/2 NW Sec 12-29S-10W
API: 15-095-21255-0000Gas Purchaser: Lumen Midstream, LLC
Seller Comments:
Lease Name
Steffen Estate 1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,429,229 mcf
7/24/82 08.707/13/82Admire Group1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Bremco 1050# GasUnit,Gas-
Pack,Ser.#34856
100 3/4" Continental C-66, 6.5"
Sheave, No Timer
Round Up 12 x 10 SWT,
Netted, Ser.# 2236
National 57, 42" Stroke, Ser.#8473
2x1.25x12 RWTC 75
79 2-3/8"4.5"set at 2596' w/100
8.625" set at 330'
w/300 sx
Operator
Trans Pacific Oil Corp
Legal Description
W/2 SW Sec 13-28S-8W; E/2 SW Sec 13-28S-8W; W/2 SE Sec 13-28S-8W
County & State
Kingman, KS
Acres
240
Gross OpEx
$5,025.88
Net Income
$3,080.01
GWI
88.69%
NRI
72.7504%
(12 mo)Gross Income
$8,105.89
(12 mo) (12 mo)
$675.49/mo $418.82/mo $256.67/mo
API: 15-095-21070-0000Gas Purchaser: Oneok Field Services Co., LLC
Seller Comments:
Lease Name
Fairchild 1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
436,722 mcf5/8/81 53 01804/3/81Mississippi1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Vert Mech. dump gas separator,
24"x10'
150 3/4" Arrow C-66 200 bbl., open top FG SWT
American D-572x1.5x12 RWB HT
BHD 6' Gas Anc
126 2-3/8"4.5" set at 4054'
w/75 sx
8.625" set at 313'
w/250 sx
Total Lot Net Monthly Income: $469.10
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #99 Royalty Interest
Operator
Square Mile Energy LLC
Legal Description
See comments.
County & State
Colorado, TX
Net Income
$228.91
(3 mo)
$76.30/mo
2 Producing Wells - 1 Horizontal; 1 Vertical
Production Breakdown:39.68% - Oil36.64% - Gas23.68% - NGL
Cash Flow Represents 2.50 % of Check StatementsFeb 2019 - $69.78Mar 2019 - $78.83Apr 2019 - $80.30
Legal Description:696.91 acres out of the J. B. Fenn Survey, A-216, W. G. W. Stone Survey, A-525, T. McKean Survey, A-416 and the H. Morey Survey, A-730, in Colorado County, Texas, as more particularly described in that certain Designation of Pooled Unit dated September 2,2014 and recorded in Volume 761, Page 050, File No. 3422 of the Official Records of Colorado County, Texas, as amended. 159.97 acres out of the Timothy McKean Survey, Abstract No. 416, Colorado County, Texas and the Timothy McKean Survey, Abstract 340, Lavaca County, Texas.
Seller Comments:
Decimal Interest
0.0147458900, 0.0078921000
Lease Name
Hopkins 1, Pony 1
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #100 Overriding RI
Operator
Davis Petroleum
Legal Description
NE Sec 8-16S-12W
County & State
Barton, KS
Acres
160
Net Income
$2,527.00
(12 mo)
$210.58/mo
Bieberle #1 E/2SE/4SW/4NE/4 Section 8-T16S-R12W API# 15-009-23305 Oil Producing per KGS (spelled as Bieberly on KGS)
Bieberle #2 SW/4NE/4 Section 8-T16S-R12W API# 15-009-23760 Oil Producing per KGS
Davis Petroleum, Inc confirmed that the two wells are producing.
Net Income:Nov 2018 - $285.23Dec 2018 - $227.64Jan 2019 - $195.33Feb 2019 - $209.61Mar 2019 - $227.67Apr 2019 - $228.05May 2019 - $0Jun 2019 - $252.69Jul 2019 - $217.79Aug 2019 - $231.41Sep 2019 - $218.61Oct 2019 - $232.97
Seller Comments:
Decimal Interest
0.0273439
Lease Name
Bieberle
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #101 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
E/2 NW and W/2 NE Sec 3-29S-11W
County & State
Pratt, KS
Acres
160
Gross OpEx
$2,109.30
Net Income
$1,037.79
GWI
93.75%
NRI
75%
(12 mo)Gross Income
$3,146.79
(12 mo) (12 mo)
$262.23/mo $175.78/mo $86.48/mo
API: 15-151-21042-0000Seller Comments:
Lease Name
Hamilton 1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,471,546 mcf
12/13/81 07012/7/81Indian Cave Sandstone Bed
1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
McDonald Tank Mac-Pac Gas Unit, Ser#
9839 (Junk)
105 5/8" Arrow C-46, 6.5" Sheave,
No Timer, Ser.#113198
S-Feld 12 x 10 SWT, Netted,
Ser.#1531
Lufkin 57D, 44" Stroke,
Ser.#548
2x1.5x10 RWB DV PA
75"
85 2-3/8"4.5"set at 2746
8.625" set at 407'
Operator
Trans Pacific Oil Corp
Legal Description
N/2 of the NW/4 of Section 35-T28S-R11W;S/2 of the NW/4 and the W/2 of the SW/4 of Section 35-T28S-R11W
County & State
Pratt, KS
Acres
240
Gross OpEx
$2,540.74
Net Income
$2,799.37
GWI
100%
NRI
82.1875%
(12 mo)Gross Income
$5,340.11
(12 mo) (12 mo)
$445.01/mo $211.73/mo $233.28/mo
API: 15-151-21209-0000
Additional Well Information:* Tank Battery: SWT, Netted 16' x 6'. O'Neil Tank, 16"x6' Gas Pac, Ser.# 3940
Seller Comments:
Lease Name
Rottering B1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
1,057,583 mcf
11/18/82 011011/1/82Indian Cave Sandstone
1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
*88 2-3/8"4.5" set at 2736'w/150
sx
8.625" set at 413'
w/500 sx
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Trans Pacific Oil Corp
Legal Description
NW Sec 10-27S-15W
County & State
Pratt, KS
Acres
160
Gross OpEx
$2,746.65
Net Income
($692.27)
GWI
90%
NRI
73.597327%
(12 mo)Gross Income
$2,054.38
(12 mo) (12 mo)
$171.20/mo $228.89/mo ($57.69)/mo
API: 15-151-21404-0000
Additional Well Information:*Pumping Unit: Cabot 225 CT14549LUE Ser# CT14LU E225DC, 31" Stroke
Seller Comments:
Lease Name
Newby B 1-10
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
522,889 mcf8/30/84 0507/29/84Cherokee1-10
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
McDonald Mac Pac 14" x
7'6", Ser.# 2382
177 3/4" Arrow C66 12 x 10 FG, with net
*2x1.25x12 BHD HVR 75" 6' GA
140 2-3/8"4.5" set at 4594' w/150
sx
8.625" set at 390'
w/200 sx
Total Lot Net Monthly Income: $262.07
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #102 Royalty Interest
Operator
New Century Operating, LLC
County & State
Burleson, TX
Acres
595.68 mol
Net Income
$204.05
(3 mo)
$68.02/mo
1 Producing Horizontal Well (API 42-513-4020)
Production Breakdown:100.00% - Oil0.00% - Gas0.00% - NGL
Cash Flow Represents 15.00% of Check StatementsMar 2019 - $60.50Apr 2019 - $73.89May 2019 - $69.66
Legal Description:595.68 acres of land, more or less, encompassing the Kubena F Unit No. 1H, being the same unit described in Amendment to Designation of Unit filed as Document 00007316 in Volume 1119, Page 370 of the Official Public Records of Burleson County, Texas, and being further described and depicted on the plat in Exhibit B of that same document.
Seller Comments:
Decimal Interest
0.00501282
Lease Name
Kubena F Unit H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #103 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
SW Sec 16-23S-9W, except a 5 acre tract in the SW Corner
County & State
Reno, KS
Acres
155
Gross OpEx
$4,477.44
Net Income
($363.54)
GWI
52.56563%
NRI
42.434415%
(12 mo)Gross Income
$4,113.90
(12 mo) (12 mo)
$342.83/mo $373.12/mo ($30.30)/mo
API: 15-155-21430-0000Seller Comments:
Lease Name
Peace Creek Ranch 1
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
311,940 mcf12/14/98 018011/27/98LKC1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
1000# 16" x 10' Vertical
12 x 10 FG SWT115 2-7/8"5.5" set at 3816' w/125
sx
8.625" set at 222'
w/175 sx
Operator
Trans Pacific Oil Corp
Legal Description
NE/4 & SE NW & NE SE Sec 11-28S-8W
County & State
Reno, KS
Acres
240 +/-
Gross OpEx
$17,441.30
Net Income
$2,641.08
GWI
100%
NRI
80%
(12 mo)Gross Income
$20,082.38
(12 mo) (12 mo)
$1,673.53/mo $1,453.44/mo $220.09/mo
API: (#1) 15-155-20437; (#2) 15-155-21313Seller Comments:
Lease Name
Putnam 1, 2
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Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
012/28/77 7 46,190 bbl01.677/18/77Mississippi1
2/21/94 Combined with #1
Combined with #1
Combined with #1
2/18/94Mississippi2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
138 3/4" Arrow C-66 10' x 15' Steel GB. 2-12x10 Steel Stock
Tanks
Lufkin 80D 32"2" x 1-1/2" x 12' RWB
DV
111 2-3/8"4.5" set at 3596'
w/150 sx
8.625" set at 250'
w/250 sx
141 3/4" Arrow C-66Jensen 114 64"2 x 1-1/2" x 14' RWB w/ 6' GA
110 2-3/8"5.5"set at 3659' w/150
sx
8.625" set at 262'
w/250 sx
Total Lot Net Monthly Income: $189.80
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #104 Overriding RI
Operator
New Century Operating, LLC
Legal Description
NE NW NW NE Sec 15-25S-9W
County & State
Reno, KS
Net Income
$148.00
(10 mo)
$14.80/mo
Horizontal well.
Shultz Trust 10 API: 15-155-21623-0100Shultz Trust 15-1H API: 15-155-21600-0100
Month-Year Production (mcf) (bbl)08-2018 1571 509-2018 1435 16610-2018 1345 411-2018 885 16212-2018 981 16701-2019 991 002-2019 964 16403-2019 1271 404-2019 1292 16805-2019 1189 706-2019 1169 16607-2019 1209 4
Seller Comments:
Decimal Interest
0.002
Lease Name
Shultz Trust 10 & 15-1H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #105 Operated Lease
Operator
Trans Pacific Oil Corp
Legal Description
S/2 Sec 3-25S-15W
County & State
Stafford, KS
Acres
320
Gross OpEx
$2,509.80
Net Income
($761.62)
GWI
79.687496%
NRI
60.313477%
(12 mo)Gross Income
$1,748.18
(12 mo) (12 mo)
$145.68/mo $209.15/mo ($63.47)/mo
API: 15-185-22382-0000
Additional Well Information:*Tank Battery: 8' x 10' steel stock tank (100 bbl) w/stairs. 14" x 7'6" Mac Pak
Seller Comments:
Lease Name
Barstow B 2
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
297,269 mcf6/16/87 0609/3/86Mississippi2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
170 3/4" C-66 *Sentry 80D2 x 1.5 x12 HRV BHD 6' gas anchor
4275' 2-3/8"4.5" set at 4621' w/200
8.625" set at 253'
w/115 sx
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Trans Pacific Oil Corp
Legal Description
NE Sec 30-24S-13W
County & State
Stafford, KS
Acres
160
Gross OpEx
$2,936.96
Net Income
($3,128.79)
GWI
95.0834%
NRI
76.3283%
(12 mo)Gross Income
($191.83)
(12 mo) (12 mo)
($15.99)/mo $244.75/mo ($260.73)/mo
API: 15-185-21649-0000
The Copeland Trust lease, owned and operated by TPO contains 160 acres in the NE/4 of Section 30-24s-13w, Stafford County, Kansas. The lease is HBP by a gas well that has produced 387 million cubic feet of gas from the Mississippi Chert. This well produces between 400 and 500 MCF per month but is currently down with a pump problem so production is at or near zero.
Trans Pacific has 3D seismic data covering this lease which indicates a structure and possible drilling location in the northeast corner of the lease. This lease lies in a prolific multi-pay area where wells can produce from Arbuckle, Simpson Sand, Viola, Mississippi Chert and Lansing.
Seller Comments:
Lease Name
Copeland Trust 1-30
Click here for drone footage
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
386,591 mcf12/7/82 03.5011/23/82Mississippi1-30
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
158 3/4" C66 w/8" sheave, No Timer, Ser.#
85986
200 Bbl. FG SWT
Jensen 80-A1, 54" Stroke
2X1.5x12 RWB DV
126 2-3/8"4.5" set at 4233' w/200
sx
8.625" set at 277'
w/225 sx
Total Lot Net Monthly Income: ($324.20)
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #106 Overriding RI
Operator
Tapstone Energy LLC
Legal Description
S/2 NW and NE NW Sec 13-34S-9W*
County & State
Harper, KS
Net Income
$73.00
(10 mo)
$7.30/mo
*Legal Description: Insofar as and only insofar as lease covers the south half of the northwest quarter (S/2 NW/4) and the northeast of the northwest quarter (NE/4 NW/4) of Section thirteen (13), township thirty-four (34) south, range nine (9) west, west of the 6th p.m., Harper County, KS.
Horizontal well.
Production Breakdown:Year Month Production (bbl)2018 09 1612.022018 10 1305.022018 11 1096.31 2018 12 1156.122019 01 981.322019 02 795.58 2019 03 959.852019 04 799.82019 05 652.962019 06 773.282019 07 633.222019 08 628.02
Seller Comments:
Decimal Interest
0.0001302
Lease Name
Patterson
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #107 Partial Working Interest
Operator
Sage Natural Resources
Legal Description
See comments.
County & State
Denton, TX
Net Income
$3,860.08
GWI
10%
NRI
0.075, 0.0733724
(15 mo)
$257.34/mo
Sage Natural Resources took over in January of this year from Atlas Resource Partners.
Legal Description: Goldfield 2H: HH Swisher Survey 1220. 1H: MEP&P RR A-715. H Park: MEP&P Co. 1600 - all pooled.Acres: Goldfield: 325.26; Hickory Park: 237.6 (pooled)
GWI: Goldfield: 10%; Hickory Park: 10%NRI: Goldfield: 0.075; Hickory Park: 0.0733724
API's - Goldfield 1H: 42-121-32181; 2H: 42-121-32330; Hickory Park 1H: 42-121-32633
Seller Comments:
Lease Name
Goldfield 1H & 2H, Hickory Park 1H
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #108 Partial Working Interest
Operator
Central Operating, Inc.
Legal Description
NW Sec 34-14S-26W
County & State
Gove, KS
Acres
160
Gross OpEx
$3,032.35
Net Income
($41.29)
GWI
38%
NRI
31.35%
(12 mo)Gross Income
$2,991.06
(12 mo) (12 mo)
$249.26/mo $252.70/mo ($3.44)/mo
The Albin 12-34 was drilled in November 2007 by Central Operating, Inc. It was perforated in Mississippian and the Lansing Kansas City, and was completed as a Lansing Kansas City well. The Albin 12-34 has made a cumulative of 10,689 BO and today is making approximately 1.2 BOPD.
This lease holds 160 acres and has been shot with 3D seismic. There is a possible drilling location remaining on this acreage.
Taxes $353.00API: 15-063-21694
Production Breakdown:Year Month Production (bbl) 2018 05 02018 06 02018 07 0 2018 08 1582018 09 02018 10 02018 11 02018 12 02019 01 02019 02 02019 03 02019 04 164
Seller Comments:
Lease Name
Albin 12-34
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #109 Partial Working Interest
Operator
Central Operating, Inc.
Legal Description
All of Sec. 24; All of Sec. 25; All of Sec. 36 except S/2SE/4 in T14S-R26W
County & State
Gove, KS
Acres
1840
Gross OpEx
$2,775.98
Net Income
$2,760.87
GWI
36.7144%
NRI
30.28942%
(12 mo)Gross Income
$5,536.85
(12 mo) (12 mo)
$461.40/mo $231.33/mo $230.07/mo
The Humburg Farms 23-36 was drilled in November 2008 by Central Operating, Inc. It was perforated in the Mississippian and the Lansing Kansas City and was completed as a Lansing Kansas City well. The Humburg Farms 23-36 has produced a cumulative total of 6,923 BO and today is making approximately .5 BOPD.
This lease holds 1840 acres and has been shot with 3D seismic. There are possible drilling locations remaining on this acreage.
Taxes $354.00API: 15-063-21750
Production Breakdown:Year Month Production (bbl) 2018 07 0 2018 08 02018 09 02018 10 1642018 11 02018 12 02019 01 02019 02 02019 03 02019 04 02019 05 02019 06 154
Seller Comments:
Lease Name
Humburg Farms 23-36
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #110 Partial Working Interest
Operator
Central Operating, Inc.
Legal Description
NE Sec 4-15S-26W
County & State
Gove, KS
Acres
160
Gross OpEx
$5,910.14
Net Income
$6,682.90
GWI
15.25%
NRI
12.58125%
(12 mo)Gross Income
$12,593.04
(12 mo) (12 mo)
$1,049.42/mo $492.51/mo $556.91/mo
Raymond-Parsons #1: Drilled in September 2006 by Central Operating, Inc. It was perforated and produced originally in the Mississippi. Later perforated and completed in the Lansing Kansas City.
Raymond-Parsons #2: Drilled in February 2007 by Central Operating, Inc. It was originally perforated in the Mississippian and completed as a Mississippian producer. It was later perforated and completed in the Lansing Kansas City.
Raymond-Parsons #3: Drilled in February 2007 by Central Operating, Inc. It was originally perforated and completed in the Mississippian. It was later perforated and completed in the Lansing Kansas City.
Raymond Parsons #4: Drilled in June 2013 by Central Operating, Inc. It was perforated and completed in the Mississippian.
The Raymond -Parsons lease has made a cumulative of 71,903 BO and today is making approximately 5.5 BOPD.
This lease holds 160 acres and has been shot with 3D seismic.
Taxes $0.00API: 15-063-21631, -21643, -21644, -22111
Production Breakdown:Year Month Production (bbl) 2018 08 160.422018 09 159.922018 10 158.062018 11 162.672018 12 166.152019 01 328.092019 02 0.00002019 03 161.052019 04 164.902019 05 158.952019 06 160.292019 07 161.31
Seller Comments:
Lease Name
Raymond-Parsons 1,2,3,4
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #111 Partial Working Interest
Operator
Central Operating, Inc.
Legal Description
NW Sec 28-14S-26W
County & State
Gove, KS
Acres
640
Gross OpEx
$1,697.83
Net Income
($1,697.83)
GWI
38%
NRI
31.35%
(12 mo) (12 mo)
$141.49/mo ($141.49)/mo
The Shaw #1 was drilled in November 2007 by Central Operating, Inc. It was perforated in the Cherokee Sand, the Fort Scott and the Lansing Kansas City. It is a Lansing Kansas City producer and has produced a cumulative of 6,408 BO and today is shut-in.
This lease holds 640 acres and has been shot with 3D seismic. There are possible drilling locations remaining on this acreage.
Taxes $353.00API: 15-063-21698
Seller Comments:
Lease Name
Shaw 1
Lot #112 Royalty Interest
Operator
Atlas Operating, LLC
Legal Description
Sec 5, H.T. & B.R.R. Co. Survey
County & State
Brazoria, TX
Acres
320
Net Income
$39.12
(3 mo)
$13.04/mo
API: 42-039-32100, 42-039-00898 - Lease #450300662Seller Comments:
Decimal Interest
000067055
Lease Name
Bernard Unit 1, 21
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #113 Partial Working Interest
Operator
Chesapeake Operating LLC
Legal Description
SE SE NW SE Sec 9-24N-16W
County & State
Woods, OK
Acres
640 total lease acreage per OK database
Gross OpEx
$146.28
Net Income
$61.60
GWI
0.05
NRI
0.03973182
(12 mo)Gross Income
$207.88
(12 mo) (12 mo)
$17.32/mo $12.19/mo $5.13/mo
API: 35-151-22813
Note: Income includes severance tax refunds.
Produced oil in 5/19 and 6/19 - no report since then.
Seller Comments:
Lease Name
Don 1-19
Operator
Chesapeake Operating LLC
Legal Description
N/2 SE Sec 19-24N-16W
County & State
Woods, OK
Acres
616 total lease acreage per OK database
Gross OpEx
$29.54
Net Income
$31.90
GWI
0.05
NRI
0.03977116
(12 mo)Gross Income
$61.44
(12 mo) (12 mo)
$5.12/mo $2.46/mo $2.66/mo
API: 35-151-22565
Note: Income includes severance tax refunds.
Seller Comments:
Lease Name
Devine 19-1
Operator
Chesapeake Operating LLC
Legal Description
N/2 N/2 S/2 NE Sec 21-13N-10W
County & State
Canadian, OK
Acres
640 total lease acreage per OK database
Gross OpEx
$0.01
Net Income
$30.26
GWI
0.05
NRI
0.04772721
(12 mo)Gross Income
$30.27
(12 mo) (12 mo)
$2.52/mo $0.00/mo $2.52/mo
API: 35-017-23524
Plugged/abandoned
Note: Income includes severance tax refunds.
Seller Comments:
Lease Name
Leck 2-21
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Chesapeake Operating LLC
Legal Description
NE SW NE SW Sec 4-24N-18W
County & State
Woodward, OK
Acres
684 total lease acreage per OK database
Gross OpEx
$57.77
Net Income
($57.77)
GWI
0.05
NRI
0.05
(12 mo)Gross Income
$0.00
(12 mo) (12 mo)
$0.00/mo $4.81/mo ($4.81)/mo
API: 35-153-22013
Note: Income includes severance tax refunds.
Seller Comments:
Lease Name
Starr 3-4
Total Lot Net Monthly Income: $5.50
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #114 Operated Lease
Operator
Black Gold Oil Co., Inc.
Legal Description
Sec 26-6N-1W
County & State
Cleveland, OK
Acres
160
Gross OpEx
$4,065.00
Net Income
$29,502.00
GWI
100%
NRI
75.87042%
(12 mo)Gross Income
$33,567.00
(12 mo) (12 mo)
$2,797.25/mo $338.75/mo $2,458.50/mo
API: (#1) 35-027-35106-A, (#2) 35-027-21232Purchaser: OPA
There are two wells that go to the same tank battery. The #1 well is producing. The #2 well has been shut in for around 10 years. According to the pumper, when they worked on the well 10 years ago it made oil, but it also made too much water. The pumper believes that they just needed to set a plug above the water, but it they shut it down and never did. It has not been turned on since the seller has owned it. It has all the equipment, pump jack with gas engine, tubing, rods, etc. and is ready to be turned on.
There are 80 acres with each well for a total of 160 acres for this lease.
There is a lot of opportunity to increase production on this well as it has not had any type of stimulation done in many years. There is also behind pipe potential.
Seller Comments:
Lease Name
Georgia Anneler 1, 2
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
09/87 00208/87Viola#1
07/89 00006/89Viola#2
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
New 4x20 heater
Yes 2 gas engines 2 - 210 oil; 1 - open top wtr tk
2 - pumping units
New pumpYesYesYes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #115 Operated Lease
Operator
Black Gold Oil Co., Inc.
Legal Description
Sec 24-4N-2W
County & State
Garvin, OK
Acres
40
Gross OpEx
$7,019.00
Net Income
$3,830.00
GWI
100%
NRI
79.098124%
(12 mo)Gross Income
$10,849.00
(12 mo) (12 mo)
$904.08/mo $584.92/mo $319.17/mo
API: 35-049-24387; Lease #049-111716First Production Date 9/17/2003Crude Purchaser - OPAGas Purchaser - ONEOK
There are 40 acres with this lease. There is a lot of opportunity to increase production on this well as it hasn't had any type of stimulation done in many years. There is also behind pipe potential. There is a $300 per year electric line easement fee and a $525 per year road usage fee paid to the landowner. This is an agreement made with landowner when the well was drilled.
There is a $525 annual road fee and a $300 annual electric easement fee.
The elctric is shared with Dyno Energy lease that has a separate meter. It is read on the 1st of the month and Dyno Energy is billed for their part of the electric bill.
Additional Well Information:Pump Jack Anvil Interest Inc, 160-174 CF-74, Serial #18025Pump Jack Stroke 8 SPMPump Jack Belts 3 belts / C255Electric Motor 30 hp, Serial #01-91414-3/13-23Heater Treater Permian Tank 9/1/1984, 4'X20' Serial #1099-4-B-BSeparator NATCO 5-1-1981, Model EB, 30" x 10', Serial #9A24601-14Oil Tank 1 300 bbl, 12'W X 15'T, 8-15-1983, 20 bbl per ftOil Tank 2 300 bbl, 12'W X 15'T, 8-15-1983, 20 bbl per ftWater tank 1 200 bbl fiberglass open top 12'W X 10'T, 20 bbl per ftWater tank 2 N/APolish rod 1-1/2"Rods 144 - 3/4" 64 - 7/8" Pony rods 1 - 8' x 7/8" 1 - 4' x 7/8"Tubing 2-3/8" 168 jointsCasing - surface 8-5/8" 23# K-55 320'Casing - prod. 5-1/2" 15.5# & 17# K-55 5,369'Pump size 2 x 1-1/2 x 16 RHBC
Seller Comments:
Lease Name
Green 1-24
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
9/16/03 650.57/14/03Viola1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
4x20 heater & separator
Yes Electric 1-210 water tank
YesYesYesYesYes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Black Gold Oil Co., Inc.
Legal Description
SW SW SW Sec 27-4N-1W
County & State
Garvin, OK
Gross OpEx
$3,098.00
Net Income
$9,246.00
GWI
100%
NRI
81.62109%
(12 mo)Gross Income
$12,344.00
(12 mo) (12 mo)
$1,028.67/mo $258.17/mo $770.50/mo
API: 35-049-20931, Lease #049-05209Spacing / Lease 40 acres - Black Gold owns well bore only / D-MIL owns lease.First Prod Date 2/1/1979Crude Purchaser: OPA
There is a lot of opportunity to increase production on this well as it has not had any type of stimulation done in many years. There is also behind pipe potential.
Additional Well Information:Pump Jack Pump JackElectric Motor North American Electric, 15 hp, Serial 36D0Q6014 (put in new in 2006)Heater treater Baker Tank Co, 1-1-1976, 4'X20' Serial #11862, Model PV-1Separator N/AOil Tank 1 300 bbl, Baker Tank Co, 12'X X 15'T, 9-1-1977, Model 7845, Serial #60558Water Tank 1 210 bbl, Lincoln Tank Co, 10'W X 15'T, Serial #11002, 14 bbl per ftCasing - Surface 8-5/8" 32# K-55 427'Casing - Prod. 4 1/2" Mixed# K-55 4,829
Seller Comments:
Lease Name
Rosemary Lowery 1
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
3/11/77 0.55112/3/76Viola1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
4X20 heaterYes Electric 1-210 water tank
YesYesYesYesYes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Black Gold Oil Co., Inc.
Legal Description
NE NW Sec 31-6N-1E
County & State
Cleveland, OK
Acres
80
Gross OpEx
$5,256.00
Net Income
$27,529.00
GWI
100%
NRI
75.00004%
(12 mo)Gross Income
$32,785.00
(12 mo) (12 mo)
$2,732.08/mo $438.00/mo $2,294.08/mo
API: 35-027-20840, Lease #084247Crude Purchaser: Phillips 66 / OPAGas Purchaser: N/AFirst Prod Date 5/12/1984
There are 80 acres with this lease. There is a lot of opportunity to increase production on this well as it has not had any type of stimulation done in many years. There is also behind pipe potential.
Additional Well Information:Pump Jack Pump JackElectric Motor Electric MotorHeater Treater 4' x 20'2-400 oil tanks; 1-water tankOil Tank 1 400 bbl, 12'W x 20'T, 20 bbl per ftOil Tank 2 400 bbl, 12'W x 20'T, 20 bbl per ftWater Tank 1 200 bbl fiberglass open top 12'W x 10'T, 20 bbl per ftRods 166 - 3/4" 82 - 7/8" ?Tubing 2 - 7/8"Casing - Surface 8-5/8" 23# K-55 588' tested to 1,500 psiCasing - Prod. 5-1/2" 15.5# J-55 6740' tested to 2,500 psi
Seller Comments:
Lease Name
Sooner State Farms 1-31
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
5/12/84 12.7512/2/84Viola1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
4X20 heaterYes Electric 2-400 oil tanks; 1-water
tank
YesYesYesYesYes
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Operator
Black Gold Oil Co., Inc.
Legal Description
SE NW SE Sec 32-13N-2W
County & State
Oklahoma, OK
Acres
80
Gross OpEx
$11,145.00
Net Income
$16,750.00
GWI
100%
NRI
66.875%
(12 mo)Gross Income
$27,895.00
(12 mo) (12 mo)
$2,324.58/mo $928.75/mo $1,395.83/mo
There is an ORRI on the Farris 1-32 auctioned separately on Lot #116.API: 35-109-20518; Lease #073250Crude Purchaser: Phillips 66 / OPAFirst Prod. Date 12/1/1981
* The well also makes 20 mcf but the gas line is down.
There are 80 acres with this lease. There is a lot of opportunity to increase production on this well as it has not had any type of stimulation done in many years. There is also behind pipe potential.
Additional Well Information:Pump Jack Lufkin 160-173-74Gas Engine Arrow C96 gas motorHeater Treater Permian Tank 4'X20'Separator Petrofab 30" x 10'Oil tank 1 210 bbl Permiem 10'W x 15'T, 14 bbl per ftOil tank 2 224 bbl Permiem 10'W x 16'T, 14 bbl per ft (out of service)Water tank 1 80 bbl fiberglass open top 12'W x 4'T, 20 bbl per ftWater tank 2 100 bbl fiberglass closed top 10'W x 7'T, 14 bbl per ftPolish rod 1-1/4 x 16' ? Bridle 20'-1"Rods 70 - 7/8", 179 - 3/4" rods, total of 249 rods, pony rods 2-2', 2-4', 2-6'Tubing 197 joints of 2-7/8"Casing - Surface 8 5/8", 24#, J-55, 1160Casing - Prod. 5 1/2", 15.5#, K-55, LT&C, 6954.7'Pump size 2-1/2x1/4x16' RHB-C, (8-23-11) 2-1/2x1-1/2x16' RXBC (10-2-14
Seller Comments:
Lease Name
Farris 1-32
Well NumberProducing Formation
Spud Date
Completion Date
Gross BOPD
Gross MCFD
Gross BBL H20/Day
Cum OilProduction
Cum GasProduction
10/22/81 14See Note Above*
2.58/2/81Bois d'Arc1
Surface Casing
Production Casing Tubing Rods Pump
PumpingUnit Engine
TankBattery
SeparatorTreator
Separaor & 4X20 heater
Yes Gas engine 2-210 oil; 2-water tanks
YesNew pumpYesYesYes
Total Lot Net Monthly Income: $4,779.58
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
Lot #116 Overriding RI
Operator
Black Gold Oil Co., Inc.
Legal Description
Sec 32-13N-2W
County & State
Oklahoma, OK
Acres
80
Net Income
$2,471.00
(12 mo)
$205.92/mo
API: 35-109-20518; Lease #073250
Gas line is down. There are 80 acres with this lease. There is a lot of opportunity to increase production on this well as it has not had any type of stimulation done in many years. There is also behind pipe potential.
Seller Comments:
Decimal Interest
0.06875
Lease Name
Farris 1-32
Lot #117 Equipment
10" clutch. It was disassembled and reassembled with a rebuilt crankshaft, new main bearings, rod bearings, rings, rebuilt head, rebuilt radiator, new muffler, rebuilt governor, new Starfire ignition, impco carb.
Seller Comments:
Lease Name
Arrow C66
See Dataroom (https://dataroom.midcontinentenergyexchange.com) for additional information.
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Buyers Agreement to Purchase PropertiesIn consideration of the mutual promises contained herein and other valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Buyer and Mid-Continent Energy Exchange,LLC agree as follows:
Buyer agrees that any information provided by Mid-Continent Energy Exchange, LLC is basedupon representations made by the seller of oil and gas properties and that Mid-Continent EnergyExchange, LLC cannot guarantee the completeness, timeliness or accuracy of the information providedby the Seller. No information provided by Mid-Continent Energy Exchange, LLC or contained on itswebsite or any other communication constitutes investment advice. Any decisions based upon theinformation provided by Mid-Continent Energy Exchange, LLC shall be considered with this in mind andthe Buyer has the sole responsibility to do its own due diligence.
PURCHASE OF PROPERTIES: At auction, by sealed bid, or by other purchase or designated salemethod, a Seller may offer properties for sale with or without a minimum reserve sales price. Buyer canmake bids or offers on the property for sale. The Buyer with the highest bid or offer at the ending time andwhose bid or offer meets the minimum sales price (if any) or the Buyer whose bid or offer is accepted bySeller, will be obligated to purchase the property for that price. Buyer agrees to participate as a bidder inthe sale process for the sale of oil and gas properties and any negotiations following the sale process.BUYERS REPRESENTATIONS, AGREEMENTS, WARRANTIES AND ASSURANCES: Buyer agreesthat properties for sale through Mid-Continent Energy Exchange, LLC are not intended or considered tobe securities under the Securities Act of 1933, the Securities Exchange Act of 1934 and all applicablestate securities laws. Buyer hereby acknowledges and agrees that any sale of oil and gas royaltiesthrough Mid-Continent Energy Exchange, LLC is the process of putting a willing Seller in contact with awilling Buyer to facilitate the purchase of oil and gas properties. Buyer represents that he is asophisticated, accredited and qualified investor. Buyer represents, by executing this agreement, that aBuyer is (a) primarily engaged in the business of exploring for or producing oil or gas or other minerals asan ongoing business; (b) by reason of this knowledge or experience, the Buyer will evaluate the merits and risks of the properties to be purchased through Mid-Continent Energy Exchange, LLC and will forman opinion based upon Buyer’s knowledge and experience and not upon any statement, representation orprinted material provided by Mid-Continent Energy Exchange, LLC or its representative; (c) the Buyer isof legal age, has sufficient financial resources in order to bear the risk of loss attached to the purchase ofany property that Buyer bids upon; (d) Buyer has an annual income of $200,000.00 for any natural personin each of the two most recent years or joint income with the persons spouse of not less than $300,000.00in each of those years and has a reasonable expectation of reaching the same income level in the currentyear or Buyer has a net worth or a joint net worth with that persons spouse, at the time of his purchaseexceeding $1,000,000.00 or Buyer is a business entity with total assets in excess of $5,000,000.00, asshown by the business’s most recent prepared financial statements and has sufficient knowledge andexperience in business and financial matters to evaluate the merits and risks of the acquisition of oil andgas property. Buyer has a continuing duty to notify Mid-Continent Energy Exchange, LLC if Buyersubsequently fails to qualify as a sophisticated, qualified and accredited investor. Buyer agrees toindemnify and hold Mid-Continent Energy Exchange, LLC harmless from any and all violations ofapplicable securities laws that result from any misrepresentation of the Buyer being a sophisticated,qualified and accredited investor.
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BUYER’S DUE DILEGENCE AND INDEPENDENT EVALUATION: Buyer hereby acknowledges andagrees that it has the sole responsibility to examine all information concerning ownership and productionof the properties placed for sale through Mid-Continent Energy Exchange, LLC. Further, Buyeracknowledges and agrees that if it requires additional information concerning said properties, Buyer mustcontact Mid-Continent Energy Exchange, LLC or the Seller to obtain requested information prior to thebeginning date of the sale process. If Buyer makes a bid or offer on any property after making a requestfor additional information, Buyer waives the performance of that request. Buyer further agrees that it willmake an independent evaluation of the property and acknowledges that the Seller and Mid-ContinentEnergy Exchange, LLC have made no statements or representations concerning the present or futurevalue or the future income, costs or profits, if any, to be derived from the property. Buyer acknowledges inthat making a bid or offer in the sale process that Buyer has relied solely on its independent examinationof the premises and public records and that Buyer’s bids and offers are based solely on Buyer’sindependent inspections, estimates, computations, evaluations, reports, studies and knowledge of theproperties. Any and all information provided by Seller or Mid-Continent Energy Exchange, LLC in theproperty information sheet or data packages, as well as any other information provided by Seller or MidContinentEnergy Exchange, LLC, are furnished to Buyer at Buyer’s sole risk. Seller and Mid-ContinentEnergy Exchange, LLC do not warrant or represent as to the accuracy or completeness of the datapresented to the Buyer, and the Buyer agrees to indemnify and hold Mid-Continent Energy Exchange,LLC and Seller harmless from any reliance by Buyer on data provided by the Seller and/or Mid-ContinentEnergy Exchange, LLC.CONTRACT COMPLIANCE: Buyer hereby agrees to comply with all applicable joint operatingagreements, unitization agreements, communication agreements and other agreements that pertain tothe ownership of the subject properties. Buyer is fully responsible to obtain waivers of uniformmaintenance under joint operating agreements, if needed, and agrees to indemnify and hold MidContinentEnergy Exchange, LLC, and Seller harmless, if the same are not obtained by Buyer, or waivedby a third party.LESSER INTEREST: If Buyer discovers that the properties conveyed by Seller are of lesser interest thanwhat is represented on the property information sheet and associated data, or any modifications orchanges thereto, Buyer shall send notification to Seller within 60 days from the date of sale whichdescribes the difference in interest accompanied by adequate proof of said lesser interest. Buyer agreesthat within 30 days following the receipt of the notification, Seller will at Seller’s option and by writtennotice to Buyer, (a) refund a pro-rata share of the purchase price based on the amount of the interest losscompared to the total price paid for the full represented interest; or (b) Cure the defect that is attributableto the lesser interest; or (c) rescind the sale and Buyer shall reassign the same back to Seller free from any and all encumbrances of Buyer and Seller will refund the amount paid by Buyer upon execution anddelivery of the assignment from Buyer to Seller.Mid-Continent Energy Exchange, LLC shall be entitled to retain commission paid or payable by Seller andin all events, the Buyer’s sole remedy is against Seller.GAS IMBALANCES: Buyer acknowledges and agrees that properties on which it may bid or make offersmay be subject to gas imbalances pursuant to gas balancing agreements between working interestparties or in the absence of agreements between the working interest parties and the unit. All propertiesshall be sold without warranty on an “as is, where is” basis. No adjustment in the purchase price shall bemade as a result of an inaccuracy in the estimated gas imbalance amount disclosed by Seller. Seller shallprovide information it believes accurate to the status of gas imbalances for the offered properties, butneither Seller nor Mid-Continent Energy Exchange, LLC makes any representations or warranties as tothe accuracy of said information.
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ENVIRONMENTAL LIABILITIES: Buyer hereby acknowledges and agrees that after the date of thisassignment it is responsible for any and all losses attributable to any and all environmental events orimpacts, including without limitation, damage to property, injury or death of persons or things, naturalresource damage, environmental remediation and restoration, costs, fines, or penalties arising out of orattributable to the ownership, condition or operation of the properties purchased by Buyer.ROYALTY, OVERRIDING ROYALTY, WORKING INTEREST, CONTRACTUAL LIABILITIES ANDOPERATION LIABILITIES: Buyer agrees and acknowledges that any and all liabilities relating toobligations to pay royalties, contractual obligations under oil and gas leases, joint operating agreementsand liabilities associated with the ownership, condition and operation of the subject properties become theBuyers liability from the effective date of assignment. Seller shall be liable for its period of ownership priorto the effective date of assignment of the property.NO WARRANTIES (EXPRESS OR IMPLIED): Buyer acknowledges and agrees that it is acquiring theproperties, wells, equipment and other property located thereon from Seller without warranty whatsoever,express, statutory or implied as to the description, title, condition, quality, fitness for purpose,merchantability, or otherwise. Buyer acknowledges and agrees that neither the Seller nor Mid-ContinentEnergy Exchange, LLC, makes any representation or warranty whatsoever as to the physical condition ofthe property nor any statements or representation concerning the present or future value of theanticipated income, cost, or profits, if any, to be derived from the property. Buyer acknowledges andagrees that all property is sold on an “as is, where is” basis.TITLE: Buyer hereby acknowledges and agrees that it has the sole responsibility to examine allinformation concerning title to the property and to conduct its own independent evaluation to ascertain titleto the properties and satisfy itself that the title is marketable, defensible or acceptable. Buyeracknowledges and agrees that it will indemnify and hold Seller and Mid-Continent Energy Exchange, LLCharmless as to the accuracy of any documents of title to the properties. Buyer further acknowledges andagrees that neither Seller nor Mid-Continent Energy Exchange, LLC warrants title, either express orimplied, and that all title to property is on an “as is” basis.CLOSING: Buyer acknowledges and agrees that upon notification from Mid-Continent Energy Exchange,LLC, at Buyer’s successful bid or offer on Seller’s property, Buyer shall tender the total amount of fundsrequired to purchase the property to the designated escrow bank as determined by Mid-Continent EnergyExchange, LLC by either wire transfer, next day delivery or overnight mail, by certified check orpreapproved check from Mid-Continent Energy Exchange, LLC, or hand courier delivery service to thedesignated closing office, all within 48 hours of notification. Buyer agrees that all funds will be held inescrow until Seller provides all executed documents of conveyance to Buyer.BUYERS DEFAULT: Buyer acknowledges and agrees that if it defaults for any reason, Mid-ContinentEnergy Exchange, LLC and Seller shall have all remedies available to them by Kansas law, includingspecific performance declaring the sale void and reselling the property, seeking damages from Buyer,including all costs and reasonable attorneys’ fees resulting from Buyers breach.LAW GOVERNING AGREEMENT: Buyer acknowledges and agrees that this agreement shall begoverned and interpreted in accordance with the laws of the state of Kansas and that proper venue forany disputes arising out of this agreement shall be Sedgwick County, Kansas.NOTICES: Buyer acknowledges and agrees that any notice provided or permitted to be given under thisagreement shall be in writing and mailed to the Buyer at the address appearing above, or to MidContinentEnergy Exchange, LLC at the address appearing above.
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Selected lots in this auction are being sold subject to seller confirmation. If you have any questions
regarding this, please call our office.
Mid-Continent Energy Auction | mceeauction.com | 316-217-8820
