Oklahoma Oil & Gas Water Flood Project Development

This listing presents an investment opportunity for a new water flood project in Oklahoma. The project aims to develop an existing oil lease featuring 12 wells, with plans to permit two injection wells for a comprehensive water and gas flood strategy. The lease targets three distinct Dutcher pay sands, which previously yielded 25-125 bbl/day per well. Post-development, projected production is estimated at 12-15 bbl/day or more per well, with further increases expected as formation pressure rises. The investment requires $125,000 for a 45% working interest, offering a projected ROI of 24-36 months. The project is anticipated to be completed within 90-120 days, after which revenue generation will commence. This is a proven field with surrounding leases successfully employing water flooding techniques, ensuring a long-term revenue stream.