There are quite a few producing oil wells for sale on the market these days. In this modern energy economy, owning an oil well is a very attractive idea. However, you may be wondering… what, exactly, is involved in running one?
An oil well consists of a drilling rig that rotates a drilling string with an attached bit. Pipes or casings are often added to provide strength. A pump is used to force the petroleum underground up to the surface. Operation costs are primarily for equipment and maintenance, as running an oil well is a 24-hour operation. It typically requires enough personnel to cover three shifts. You may want to provide amenities such as food, water, transportation, and lodging for your crew as well.
If you're thinking of buying an oil well, keep in mind it's a specialized undertaking and can be somewhat speculative. It is also one of the few businesses with potential multi-million dollar returns on investment. Even a small oil well can show significant profits (over $100,000 a year) if managed properly. With prices for crude oil likely to hold steady, a well that produces enough volume to offset operation expenses could be a great opportunity. Browse the BizQuest site now to find an oil field for sale in your area today!
BizQuest has more Oil Well for sale listings than any other source. Whether you are looking to buy a Oil Well for sale or sell your Oil Well, BizQuest is the Internet's leading Oil Well for sale marketplace. Refine your search by location, industry or asking price using the filters below.
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The purchase price for this company has been lowered to $2.5MM for 100% of the Company. This will also now include the just completed newest generation Emission Free Gas Unit that cost them $900K to build. This unit can be the first of one of several that will be needed to open a new location or More infoColorado Other Professional Services Businesses for Sale
280 acres on 5 acre spacing. 4 Well new drills into both Caddo and Ellenburger to 1600' with frack Well drilled last week 1/2 mile away has estimated reserves of 100 MBO Estimated production between 35-75 More info
Oilfield service company located in Alberta, Canada that services oil and gas wells down hole. It operates coil tubing trucks and flushby trucks with hotsie units in the oilfield industry. They can integrate More info
This wireline operations business is located near Odessa Texas. This company works side by side with oil and gas production companies, offering them many services to help them finish their projects efficiently. More info
Senior Helpers franchise owners are uniquely positioned to capitalize on the booming need for in-home senior care. Families aging loved ones need more than helping hands to assist around the home. More infoVirginia Healthcare & Senior Care Franchises for Sale
Montana Oil Production $2.5 million Current Production 55 BOPD 100% working Interest 2480 acres, 9 wells Depths from 10k - 12,500k100% W.I., 78% NRI, Richland & Dawson County, MontanaExceptional price $2.5 More info
Located in Northwest Kansas, this professional excavating and grading services business works with contractors, governments, oilfields, farmers, businesses and home owners on their industrial, residential and More info
While some drillers have taken a hit in today’s market, not every company in the O&G industry is feeling the downturn. Many of the less profitable wells have been temporarily idled, yet U.S. oil companies are More info
Soccer 5 is the industry leading small sided soccer operator capitalizing on the explosive growth of social soccer in the USA Get In The Game! More infoVirginia Sports & Recreation Franchises for Sale
Drilling 2,300' into 84 acre lease with producing wells doing up to 30-60 BOPD from 2011 (2 acre spacing)Estimated 30MBO in reservesEstimated 40 BOPD with 12 month payout and 4:1 ROI at $35 oil First right of More info
First disposal well drilling completed in December 2015. Permitted by OK to take up to 20,000 BPD. Deep Disposal (no concern of causing earthquakes)Frac water intake to begin shortly (around 2,000 BPD based on More info
Quit searching for other business opportunities. Let Aladdin Doors grant your wish for a new career direction! More infoVirginia Home Services Franchises for Sale
50 BOPD Oil Field & Service Company $4.1mSteady Current production 50 BOPDIncludes Oil Service Equipment to start oil service company and service this oil lease.Drilling rig, Hot Oil Truck, Welding Truck, and More info
Established Restaurant & Bar- $1.1m Gross Sales- $161k Annual Cash Flow- Outdoor Patio Seats 50+RRC#: 2365 Asking Price: $329,000 Location: Desirable East Alameda, Alameda County, California Yearly Revenue: More info
Oil and Gas well royalties for sale (both ORRI and Working Interest) in Northeast Ohio. Seller has ownership in approximately 40 operating wells in Northeast Ohio. The age of the wells range from 3 to 8 years. More info
Osage County, OK $9.5m Estimated 500-1000 BOPD 2240 acres +/- BIA Current production at 65 BOPD out of 10 producing wells. All are vertical wells. There are 22 well bores that need re-worked. Wells are down More info
Wyoming Oil Deal 35 BOPD $1.7mCurrent production: 35 BOPDLocation: BYRON, Wyoming680 Acres N0N-Contigious.4-leases with 5 wells.Upside is room to drill 7 more wells.Producing from Phosphoria formation, and More info
Achieve financial independence by providing business loans from $5K to $50 Million+ while earning huge commissions. Work from home. Lifetime Support. More infoVirginia Business Services Franchises for Sale
This Company provides oil and natural gas inspection services for any type of thread and all sizes of tubular casing and tubing. They serve 3 major southwest markets within the oil and gas industry. Casing and More info
This property is a ready to go organic produce operation, with a Bed & Breakfast. There are so many positive features that give you the opportunity to make it much more. First of all is the privacy, with More info
Oil Lease Develpoment For Sale For $450,000! Very young lease--virgin drilling area. This comprises of Two Oil Wells on 300+ Acres in Overton County, Tennessee. These wells currently produce 4+ Barrels Per Day More info
Texas Oil Reserve $900k*100% working interest.. estimated 30-40 BOPD*$900,000 initial cash payment*Initial cash payment creates estimated* 4 wells drilled and completed, also initial cash payment goes toward More info
This is my B2B On-Line Barter Company. It is unique in that is takes an exclusive B2B Business Service approach to organized barter. Barter is the exchange of goods and services, somewhat like eBay only with More info
The Ultimate Professional Franchise. No Staff, No Premises, No Inventory, B2B Providing short term working capital to small business. More infoVirginia Business Services Franchises for Sale
Our corporate headquarters employs more than 350 team members that put our franchisees first! More infoVirginia Home Services Franchises for Sale
Innovator in the Electronic Repair and Services market. Excellent customer service and amazing product quality. Gets electronic devices back up and running in a very short time period! More infoVirginia Computer & Internet Franchises for Sale
Digital Doc specializes in the repair of cell phones, tablets, computers and other electronics. Demand for these services is growing rapidly, open your repair center today! More infoVirginia Computer & Internet Franchises for Sale