Eternity Law International Drilling company in the USA

Drilling company in the USA

September 13, 2020

The drilling company is seeking one or more working interest participants or investors to fund the drilling of a Proved Undeveloped (PUD) location in St. Martin Parish, Louisiana, the USA.  This location is based upon a combination of subsurface and a Seitel 3D seismic survey (a set of numerous closely-spaced seismic lines that provide a high spatially sampled measure of subsurface reflectivity. Typical receiver line spacing can range from 300 m to over 600 m, and typical distances between shotpoints and receiver groups is 25 m  (offshore and internationally) and 110 ft or 220 ft (onshore USA, using values that are even factors of the 5280 feet in a mile).  Detailed evaluation of the reprocessed 80 square mile 3D seismic survey supports the opportunity to get up dip from prior production in three field pay sands.  Total proved undeveloped reserves are estimated at 760 MBO.  Land costs are more that $0.25 million, dry hole costs are estimated more that $1.3 million, and completion & facilities cost more that $0.8 million for total estimated cost of more that $2.5 million.  The well site is a dry land location on an existing drill pad and a VUA has been determined.  The well will be deviated to a bottom hole location 900 feet southwest from the surface location.

A total of 100 acres of leasehold have been assembled on the project. 

Anticipated economic returns are excellent.  Payout is projected in 16 months.  Projected return to the investor from production of 760 MBO is more that $15 million.  This represents a return-on-investment of 7.4 to 1.0.   NPV-10 value is more that $5 million, a DROI of 3.2 to 1.0.  IRR is 51.0%.

For details: / Telegram @juliazhil

Please feel free to join our telegram channel in order to keep updated for the new offers for ready-made companies for sale.

Every day we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

You could be interested

Steel Fabrication & Erection Company for sale

This Steel Fabrication&Erection Company is engaged in the production of steel products for special purposes, which are used in the implementation of projects for the construction of various buildings, from churches to warehouses and offices. The business operates for the Texas and surrounding markets. Key points: The firm has over 25 years of professional experience...

Ready-made company in Croatia

What is included: Ready-made company in Croatia, Local bank account, Legal address. Cost: on request. Croatia is one of the most popular Baltic countries for doing business because of its well-developed economic potential. But, in order to open your own business in this state, you must obtain the mandatory approval of the authorities. Since 2012,...

Established Oil&Gas Engineering Company for sale

Established Oil&Gas Engineering Company was founded over 25 years ago which makes it one of the most reliable and stable among others. It is a medium-sized engineering company what means having more than 100 employees. The company has extensive experience in the electrical industry (concerned with the development, design, and manufacturing of electronics and any...

Company for sale in Mauritius

Firm possesses a CY-subsidiary for PSP. Company in Mauritius for sale has an authorized capital of 20 thousand euros. It’s an established organization ready for operation by the new owner. Ready-made company in Mauritius for sale: organizational and operational features Company in Mauritius for sale offered to entrepreneurs’ attention has next-mentioned features and aspects of...

List of selling companies in Georgia, Dominica, Finland and Estonia for sale

Three Georgian companies – company yearly renewal – 1,100 eur (company) + 3,200 nominee services. Three Dominica companies – company yearly renewal – 1,500 eur (company) +3,200 nominee services. Finland company – company yearly renewal – 900 eur (company) + 3,200 nominee services. Two Estonian companies –company yearly renewal – 900 eur (company) + 3,200...

ASIC Regulated FX Brokerage for Sale

ASIC Regulated FX Brokerage for Sale The type of ASIC Regulated FX Brokerage License that the company has: the status of a market maker who can work with wholesale and retail clients of various types. More than a dozen licensed operations for work Personally developed CRM and various systems for trading operations Authorization for operations...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7