~1,247 Total Net Royalty Acres
- 923 NMA @ 12.5%, Mineral Classified (Surface + Minerals)
- 170 NMA @ 25%, Fee Minerals
- 579 NMA, Fee Surface
26 PDP Wolfcamp & Bone Springs Producers
- Current Net Prod: ~71 BOPD; ~83 MCFPD; ~17 NGL (B/D)
- AVG RI: 4.03%
- 3 SWDs generating ~ $70k / month
- Projected PDP + SWD Jan 2024 NCF: ~$230,000
- 2024 Total Projected NCF: ~$4.59 MM
Active Wolfbone Development on Minerals
- 70 Identified Locations
- Wolfcamp & 3rd Bone Springs
- (11) Oxy 2 & 3-mile HZ WIPs (Bagpipe & Nessie Wells)