Oklahoma Shallow Vertical Multi Wellbore Drilling Program
Financial Details
- Asking Price:
- $50,000
- Cash Flow / SDE:
- $125,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 0.4x
- Location:
- OK, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents an investment opportunity in shallow vertical multi-wellbore drilling in Oklahoma. The '2-Tone Development Project' aims to develop two new, de-risked oil wells within a proven legacy field. Investors will receive deeded ownership in the oil wells and benefit from substantial tax advantages, including up to a 90% tax deduction on their investment for 2023 taxes. Drilling is scheduled for Q4 2023. The asking price is $50,000 per unit, with 40 units available (25 already sold). Each unit represents 1.75% Working Interest (WI) and 1.3125% Net Revenue Interest (NRI). The project projects a return of $125,000 on a $50,000 investment over the first few years. This is an onshore project located in Oklahoma.
Industry Information
- Industry Description:
- Oil & Gas Drilling Programs
- Classification:
- Agriculture
Real Estate & Lease
- Status:
- Not included
Listing Details
- Listing ID:
- 333006fe-1f28-40ae-9b64-943a9693f438
- Deal Status:
- For Sale
- Date Posted:
- September 11, 2023
- Last Updated:
- September 16, 2025
- Currency:
- USD