Direct Ownership In Texas Oil Wells For Sale
Asking Price:   $125,000Inventory:   
Gross Revenue:   Not Disclosed (comments below)Real Estate:   n/a
Cash Flow:   $180,000FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Available upon request
Direct Ownership In Texas Current Producing Oil Wells For Sale For $125,000 or less. The Direct Ownership presented refers to direct working interest in shallow oil wells at various depths which are less than about 1500 feet deep. They are known as rework wells and are located north of Fort Worth, Texas in the heart of a very productive area. There are 30 wells already in production which currently produce about 900 barrels per month. At $70 per barrel that is $63,000 per month. The package includes at least another 30 wells, and possibly 50 wells, that are to be reworked. These rework wells are expected to produce in excess of 5 barrels of oil per day per well. Also there is additional space for drilling of new wells which could further increase the total production of this opportunity. Potential monthly income could be as much as $12,000 to $15,000 per month. All individual owners will receive a filed working interest assignment, in the county that the well is located, to provide verification of ownership. Owner states that the pricing is as follows: project reworks interests begin at $25,000 and graduating to $50,000, $75,000 $100,000 up to $125,000. The location is in the Shell Region North of Fort Worth, Texas. Call for more details.
About the Business
Year Established:1982
Facilities:The location is in the Shell Region North of Fort Worth, Texas.
About the Sale
Reason For Selling:Absentee Partner Needed

KEYWORDS: Texas oil business for sale, Tarrant County Texas oil business for sale, Oil Wells for sale Texas, Oil Wells for sale Tarrant County


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