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. He will consider all offers with at least a $1.4MM down payment. This will also now include the just completed newest generation Emission Free Gas Unit that cost them $900K to build. The lower sales price for the business is below the current value of their equipment that comes with the sale. The buyer will be getting their 3 newest units and a foam unit plus other equipment, tools, and FF & E. The owner will stay post-closing if the new owner would like him to and do whatever the new owner would like him to. They had dropped down to having only one More infoGarfield County Other Professional Services Businesses for Sale
Colorado Oil & Gas Deal $425k.2880 ACRES, 3 Oil & Gas Leases totally 960 acres.100% WI80% NRIAll pay zones included.Adams, and Walsh counties..1 producing well with 7 producible wells and 6 proven undrilled locations. Low cost drilling operation.Gas gathering line is already present on properties.No landowner problems.Equipment is still serviceable.No problems with trucking of oil or gas transportation through pipeline.Refineries are present in area and pipelines are present for transportation to other markets.New wells historically produced 50,000 equivalent barrels of oil and gas.Exceptionally priced: $425kContact Rodney 605-749-2248 More info
Selling fresh, made from scratch, hand-rolled, soft pretzels baked to golden brown in 7 delicious flavors - Original, Cinnamon Sugar, Sweet Almond, Roasted Garlic Parmesan, Pepperoni, Jalapeño and Raisin. In addition to their signature pretzel dogs and mini dogs featuring a Nathan’s Famous hot dog wrapped in Auntie Anne’s pretzel dough. As well as pretzel stix and nuggets, which are convenient for on-the-go snacking. Along with dipping sauces, their famous lemonade, frozen ICEE drinks plus fountain drinks. Plus, Auntie Anne’s now offers catering.Simple operation. Turnkey. All new equipment.Highly confidential listing, please do not discuss with employees or patrons. Prime retail space More info
Drilling 2,300' into 84 acre lease (2 acre spacing) with 4 producing wells. Looking to set location by end of OctoberEstimated 30MBO in reserves in single wellEstimated 40 BOPD with 12 month payout and 4:1 ROI at $40 oilFirst right of refusal on subsequent wells already mapped20%WI available at $88k or $4,400 a point - minimum purchase of 3% ($13,200) More info
Voted #31 Top New Franchise for 2016 in Entrepreneur Magazine, Club Pilates is the largest network of premium group Pilates studios worldwide. We're committed to bringing Pilates to everyone at every fitness level - join us! More infoVirginia Health, Fitness & Beauty Franchises for Sale
Exceptional Texas Oil Deal $2m with Energy ServicesThe company is an asset rich company located in Texas, which resides over several major oil production zones, and fault lines. The company currently operates 264 well bores on 64 leases, encompassing approximately 1600 acres of leased land. These leases are spread across Caldwell and Guadalupe Counties. Of these wells 15 are on artificial lift in the form of pump jacks, and complete with tank batteries. The rest of the leases are produced by means of swabbing rigs, in addition all leases are equipped with stock tanks for the storing and sale of oil produced by swabbing. This is made possible by permitting from the Railroad Commission of More info
Texas Oil Deal Estimated 20 BOPD $350kThere are five existing producers and one injection well on a 235 acre lease. The five wells have produced over 20 barrels of oil per day. The lease is 10 miles southeast of Abilene, Texas in Taylor County. Three wells are equipped and two need equipment. NRI: 80%Acres: 235With a $40 per barrel oil price the wells will payout in 25 months with a 40% Internal Rate of Return. The present value at a 10% discount is $1.4 million. The economics used a 20 barrel of oil per day assumption with production beginning in October 2016. ECONOMIC ASSUMPTIONS:Initial Production – 600 BOP monthLOE - $6,500 per monthOil Price - $40 per barrel escalating at 6% per More info
Jones County Oil Deal $55k1 Oil lease, fully equipped.1 lease producing average 1.5 BOPD.3 wells. 100% WI, 84 acres, 75% NRI average, 2450' depths, & disposal well.Current owner has owned the lease for 10+ years.There's currently about 7' of oil in the tanks. No RRC or land owner issues.Exceptional priced: $55kTX RRC #7B-10912 SLC Section 121 .75 NRINear intersection of highway 92 & county road 1835. 2 miles northeast of Hamlin, Texas.Contact Robert 800-656-8485 More info
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100% Ownership of Oil Wells, Mineral Rights, Land and Prime Timber for Only $675,000! This 335 acre property is located on the Adair/Cumberland County line in Kentucky. Owner is selling it all! The land is occupied by 10 equipped oil wells--all electric!. 5 of these wells have been in operation and are producing approximately 5-6 Barrels Per Day (BPD). The remaining 5 are not in production due to minor needs such as motors, electric switches/timers, which can be easily repaired at a minimal cost. Past and present production records will be from two well known Oil Refineries. Sellers are acquiring all signed documents to release all records from both oil companies. With all 10 wells in 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 commercial excavating and grading needs. More specially, they excavate, install pump jacks for oil wells and the motors that run them, haul dirt, sand, gravel and roadway material, land clearing, site development and top soil delivery. The business is dependable and professional and works closely with all their customers to insure a job done right on time and on budget. With strong customer contracts, this is an excellent opportunity for a buyer to come in and secure their future. More info
Relocation Strategies franchise opportunity is unlike any other offering available on the market today and provides unparalleled ROI possibilities. Our business model is indispensable in any region and we have almost no direct competition within the industry. More infoVirginia Business Services Franchises for Sale
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 their equipment with any existing coiled tubing services, enabling them to carry out full project management and planning. Their equipment is unique to the oil and gas industry and they offer distinctive coiled tubing solutions. All of their personnel are highly skilled and qualified. Their crews have over 14 years of combined experience with oil/natural gas in Alberta, Saskatchewan and British Columbia. Their coiled tubing units can make 75% road bans, which allow them to provide 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 its own paypal-like currency, and for Business Owners only. Business Owner Members pay one time a fee to join, a monthly service fee for record keeping and a commission or fee with each buy or sell. The Barter Exchange therefore has multiple lines of income, including trading for itself. Immediate Cash Flow rewards for an active new Owner. This is professionally run business that has already proven itself. As a new owner you'll be able to sit in the comfort of your own home or More info
Oil field service company focusing on production side of oil and gas industry. Specializes in well-head servicing to remove paraffin and other build up. More info
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 million Contact Rodney (307) 746-5463 or (605) 749-2248 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 equipment on-site) from oil company completing horizontal wells in the areaFunds to be used to complete purchase of surface equipment and facilities to maximize intake.$800K for 40% Partnership in Phase I – Option to participate in additional phases and other locations. Can purchase units of 5% share for $100kContact us for additional information.This is not an offer to buy or sell securities. We are not a United States Securities Dealer or Broker or United States Investment Adviser. More info
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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 for 1 of the following reasons. Pumping unit, no power, bad flow lines, etc. 1- Disposal well rated to handle 10k bbls day @ 500psi. Reserves est at 7 million + bbls oil, 10 billion MCF gas. 81% NR, 100% working interest, and All O&G Minerals to basement. There is core data on every well. Current producing from (Red Fork, and Mississippian lime stone) Asking $4.5 million for 100% Current operator is willing to stay on. Upside is excellent. Quick fix would be in the range of 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 Tensleep Formation.NRI average of all 4 leases 79.875%Asking $1.7 MillionContact Robert 800-656-8485 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 down payment of total purchase of the land, minerals, and wells. Location Houston, Harris County TexasContact Robert 800-656-8485 More info
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