Oil and Gas Producing Wells in Brown County, TX

This listing offers a compelling opportunity to acquire a producing oil and gas asset in Brown County, Texas. The property features 9 recently re-worked wells on 488 acres, currently generating 60 barrels of oil per day (BOPD) with a 75% working interest. The lease presents substantial growth potential, including ample space for new drilling and the strategic option to implement a water flood. A water flood is projected to significantly boost production per well, leading to an estimated payback period of just 5 months. The undeveloped reserve potential is considerable, with only a small fraction of the P50 OOIP estimate of 802,026 barrels having been produced to date. This asset is well-suited for operators seeking to expand their portfolio or investors targeting producing energy properties with strong upside.