90 data packet liam 1-19, 2-19info.mceeauction.com.s3.amazonaws.com/07-2020/data...mid-continent...
TRANSCRIPT
Mid-Continent Energy ExchangeO i l & G a s A s s e t A u c t i o n s
Lot 90 Data PacketLiam 1-19, 2-19
Overriding Royalty Interest in Thomas County, KS
In this Document: Lot Summary
Income & Expenses Production
Maps
Lot Summary
County/State: Thomas County, KS
Legal Description: 2060' FNL & 900' FEL S/2 NE Sec 19-8S-32W
Acres: 80
Asset Type: Overriding Royalty Interest
Decimal Interest: 0.02
$703.16Net Income (11 mo):
API: 15-193-21036
Operator: Arcadian Resources, LLC
Lease Name: Liam 1-19 ORRI
Lease #: 147431
Purchaser: Coffeyville Resources
Disclaimer: Bidders must conduct their own due diligence prior to bidding at the auction. Bidders shall rely upon their own evaluations of the properties and not upon any representation either oral or written provided here. This is a summary of information provided by the seller to Mid-Continent Energy Exchange.
Note: The Liam lease averages 20-25 bopd. API Gravity: 40 degrees. 82% NRI.Liam #2 put on production 7/13/2019. SW hauling is minimal.
Income and Expenses
Summary
Production Months: 11
Net Income: $7,734.77
Net Income Per Month: $703.16
Production
7/14/2020 PetroBase Explorer
https://petrobase-explorer.net/report/lease 1/3
LIAM 1-19 147431 Lease #: 147431
Lease and Production InformationState County OperatorKS THOMAS ARCADIAN RESOURCES, LLCLocation Meridan Quarter Call Formation Horizontal Production Months19-08S-32W 6th (west -96.28) No 11
Oil GasFirst Prod Date 2019-04-01Last Sale 2020-02-01Daily Rate 21.19MoM Change 162YoY Change 7752Cumulative 7752
Production SnapshotMonth BOPM MCFPM04-2019 15205-201906-2019 13307-2019 96608-2019 175409-2019 96510-2019 98211-2019 83312-2019 81501-2020 49402-2020 657Average 775
Annual AveragesYear Avg BOPM Avg MCFPM2019 7332020 576
7/14/2020 PetroBase Explorer
https://petrobase-explorer.net/report/lease 2/3
LIAM 1-19 147431 - Production Plot
7/14/2020 PetroBase Explorer
https://petrobase-explorer.net/report/lease 3/3
LIAM 1-19 147431 Associated WellsTotal Well Count: 1
Well Name API Operator Type StatusLIAM 1-19 15193210360000 ARCADIAN RESOURCES, LLC Oil ProducingLocation Spot Foot-NS Foot-EW Foot-ref Zone19-08S-32W NE SW SE NE -2060 -900 NE PENNSYLVANIANSpud Completion First Production2018-12-20 2019-01-05Elevation MD TV-TD Cmpl-Top Cmpl-Btm PBTD Drill-Dir Lateral3120 KB 4724
Prod CsgPacker @ Tbg. @ 4661 Tbg. Size 2.875. Approved: 7/30/2019DST, LOGS, & SAMPLES: DSTs: (Yes) Electric Logs Ran: (Yes) Samples to KGS: (No) Cores Taken: (No)Logs: See ACO-1 attachment
Well TestDate BOPD MCFPD BWPD
2019-01-30 30 5
7/14/2020 PetroBase Explorer
https://petrobase-explorer.net/report/wellbasic 1/1
Well Search: Report
Search Criteria - States: KS Counties: THOMAS Townships: 08S
Well / API # Type Status Formation Lease# Location Spot IntentExpires Spud Completion Elev TV-
TD MD Horiz
County: THOMASOperator: ARCADIAN RESOURCES, LLCLIAM 1-19 /15193210360000 Oil Producing PENNSYLVANIAN 147431 19-08S-32W NE SW SE NE 12-2018 01-2019 3120 KB 4,724
LIAM 2-19 /15193210460000 Oil Producing ALTAMONT 19-08S-32W W2 SE NE SE 06-2019 06-2019 3124 KB 4,740
ARCADIAN RESOURCES, LLC - Well Count 2THOMAS County - Well Count 2Total Well Count: 2
7/14/2020 PetroBase Explorer
https://petrobase-explorer.net/report/wellcompletion 1/1
Well Search: Completion Report
Search Criteria - States: KS Counties: THOMAS Townships: 08SCounty: THOMASOperator: ARCADIAN RESOURCES, LLCWell / API # Formation Horiz Location Spot Completion Perfs TV-TD MD IP Date IP Oil IP Gas IP WaterLIAM 1-19 / 15193210360000 PENNSYLVANIAN 19-08S-32W NE SW SE NE 01-2019 - 4,724 01-2019 30 5Casing InformationPacker @ Tbg. @ 4661 Tbg. Size 2.875. Approved: 7/30/2019DST, LOGS, & SAMPLES: DSTs: (Yes) Electric Logs Ran: (Yes) Samples toKGS: (No) Cores Taken: (No)Logs: See ACO-1 attachment
Completion ZonesPerforated 4606 4608. Approved: 7/30/2019
Tests2019-01-30: 30.00 Bopd 5.00Bwpd Pumping
Well / API # Formation Horiz Location Spot Completion Perfs TV-TD MD IP Date IP Oil IP Gas IP WaterLIAM 2-19 / 15193210460000 ALTAMONT 19-08S-32W W2 SE NE SE 06-2019 - 4,740 06-2019 80Casing InformationPacker @ Tbg. @ 4679 Tbg. Size 2.8750. Approved: 8/7/2019DST, LOGS, & SAMPLES: DSTs: (Yes) Electric Logs Ran: (Yes) Samples to KGS:(No) Cores Taken: (No)Logs: Micro Log Dual Induction Compensated Density/Neutron PE
Completion ZonesPerforated 4414 4418. Approved: 8/7/2019
Tests2019-07-08: 80.00 BopdPumping
ARCADIAN RESOURCES, LLC - Well Count 2THOMAS County - Well Count 2Total Well Count: 2
Maps
