Lease Details

SELE #1-33

CountyStateLease #OperatorAcresGross BOPDGross BWPD
KayOK07108882000000Lady Bug Oil Company8020
Legal DescriptionGWINRIGross Income (18mo)Gross Operating Expenses (18mo)Net Income (18mo)
W/2 NW Sec 33 27N 01E100%87.5%$39.405.66$39.405.66
$2,189.20/mo$2,189.20/mo

Wells

Well NumberPumping UnitMotorNotes
#1Small Jensen Unit5HP gas motor (Briggs and Stratton or similar) “nurse” well
#2Bethlehem (unable to tell model – tag too rusty) maybe a 114Fairbanks 346 or 503 (unable to tell model – tag too rusty)NA
#3Small Ewbank Unit5HP gas motor (Briggs and Stratton or similar)“nurse” well
#4Bethlehem 114Arrow C66NA

Seller Comments

Since this is an estate, sales have to be confirmed by the District Court of Kay County, Oklahoma in the estate proceedings.

Water is trucked off. Produces one truckload per month.

Wells 2 and 4 are the producing wells. Wells 1 and 3 are small “nurse” wells as shown in the drone footage that were started with 5HP Briggs and Stratton type gasoline engines to pump the water off the lease so the larger pump jacks would produce enough gas to operate the engines on them.

Documents

Links

#1 – 1002A

#2 – 1002A

#3 – 1002A

#4 – 1002A

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