I am currently representing a royalty owner in the sale of a high quality Woodford Play in the Easter Delaware Basin. Please follow the link here to the teaser.
- ~370 net acres
- Jagged Peak SNL 3427-142 2H – successful offset test of Woodford interval.
- Various operators are successfully testing similar intervals in Ector Co, TX
- Woodford and Bone Spring Upside
- Light oil to wet gas thermal alteration window
- Good well control with multiple offsets
- Multiple productive conventional reservoirs: Yates, Ellenburger, Tansil, Cherry Canyon
- ~370 net acres
- Thermal maturity of acreage between light oil and wet gas (0.8 to1.4% Ro) (Alpine high is dry gas)
- Gross Thickness is similar to other successful Woodford areas.
- Acreage has continuous Woodford thicknesses over 200’.
- Low water saturation and high porosity.
