- Status : Active
- Transaction Type : For Sale
- Type : Salt Water Disposal
- Location :
- Property ID : 86276
- Price : $100,000
- Year Built : 2009
Details on #107 - SALTWATER DISPOSAL WELL (BAKKEN)
NOTE: There was a spill at this location about 6 months ago and the facility has been out of operation since. It has a hole in the tubing, so probably needs new tubing and perhaps a packer. Performed this job on one of their other wells and it costs about $120k. The seller also has to swap out some tankage (their tank battery has some bad tanks, but they have 6 extra good tanks that used to be connected as overflow, so there are plenty of good tanks to put in a main tank battery.
The seller is confident that a buyer could invest $150k to get her running perfectly. Seller would take $500k for the well as-is, or $650k for them to repair it and sell it. The seller has been deferring the repair as they work through the sales on their other wells.
If someone had decent connections, they could get the tubing and packer replaced for $100k and the tank work would cost almost nothing.