Magnolia Burnett

Conventional producing assets with PDNP, PUD, behind pipe and new drill upside potential

The Magnolia and Burnett non-operated assets cover acreage across ten counties in the onshore Gulf Coast region and the south east of Texas.

Project Highlights:

  • 19 active wells at Magnolia producing at a rate of about 102boped
  • 32 active wells at Burnett with a production rate of 50boped
  • Production is derived from multiple formations and intervals including the Yegua and Wilcox formations
  • Proven reserves of 663mboe at Magnolia
  • Proven reserves of 386mboe at Burnett
  • Varying working interests and net revenue interests
  • PDNP and PUD upside at Burnett
  • Behind pipe and new drill upside at Magnolia

Register To Receive Alerts