Oil Leases for Sale in Leavenworth County, KS

This listing presents two oil lease projects located in Eastern Kansas, specifically in Leavenworth County. The offering includes 87.50% Net Revenue Interest. Both projects feature shallow wells, described as inexpensive, highly productive, and all under 1,000 feet deep. Project 1 comprises 467 contiguous acres with six pumping wells, a complete steel tank battery (including four 100-barrel oil storage tanks, one 60-barrel gun barrel, and one 100-barrel water tank), and associated infrastructure like an automatic chemical injection system and a 2.5-mile, 6,000-volt buried electric line. It offers 180 additional drilling sites and had an original development cost of $650,000, with a first-day production of 100 barrels. Project 2 includes 17 drilled and completed Oil & Gas wells, with two new wells discovering up to 67 feet of good gas sand. It also features a 2200-foot salt water disposal well completed at a cost of $250,000. All wells have two gas zones, and most also have an oil zone. Project 2 offers 22 additional drilling locations and further leases are available in the area. Pumping and management services will be available at closing. The original development cost for Project 2 was $2.9 million. The seller is motivated to sell due to health issues.