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HORIZONTAL WELL PRODUCTION 

Recorded well production with the Texas Railroad Commission shows more than five times our original production models:

Perferationg unit

  • ​Well #1: 936 BOPD + 690 MCFGPD

  • Well #2: 697 BOPD + 596 MCFGPD

  • Well #3: 468 BOPD + 570 MCFGPD

  • Well #4: 556 BOPD + 600 MCFGPD

  • Well #5: 457 BOPD + 596 MCFGPD

and many dozens more​​

​​​

  • ​​​Well #1: 360,146 BO + 466,303 MCFG

  • Well #2: 313,424 BO + 326,294 MCFG

  • Well #3: 201,358 BO + 258,805 MCFG

  • Well #4: 328,530 BO + 454,244 MCFG

  • Well #5: 287,819 BO + 380,238 MCFG

​​​​Cumulative Production (Updated 4/30/26)​​

OVERVIEW

  • On third party engineered 10,000 acre leases, wells are drilled and completed using primary developmental acreage.

  • Pro rata lease interest will be included with your working interest.​ Soon wells begin paying for themselves.

  • The lease interest may be paid first then well working interest paid as scheduled per WI Agreement.

  • One new well every three weeks once the lease is fully subscribed.

 

​Payout Example: Well #1  

  • Working Interest: 1/64th (0.016)  

  • Using $60 Oil & $3.00 Gas

  • 360,146 BO X 60 X 0.016 - 4.6% tax = $329,724.34 Oil NRI

  • $20,703.85 Gas NRI, (7.5% tax)

  • $350,428.29 Total NRI (21 months)

  • ​Cost per well: $45,853.14

  • Average monthly NRI: $16,687.06

  • $45,853.14 / $16,687.06 = 2.75 months payout

​​Other Payouts (in Months)

  • Well #2: 3.19    

  • ​Well #3: 6.79

  • Well #4: 4.29  

  • Well #5: 4.58

  • and many more 

​​

The divestiture price is calculated at five years of cash flow (The net monthly cash flow at the time of divestiture times 60 months) plus the value of the additional PUD locations. The lease interest is paid as a one-time lump sum payment at time of sale.  


TAX BENEFITS ​​

​Drilling and completion, depreciation, depletion allowances and the lease all can be expensed from any revenue during the first year. Talk with your oil & gas accountant regarding your special tax situation.​​​​​​​​​​​​​​​​​​​

Inside Perf-Logging Truck_edited.jpg

​Over 41 years…

over 600 wells​​

David Vletas: CEO of Eagle Production Inc, Abilene TX; BS Geology (our WI Partner) has 41+ years and over 600 wells in the West Texas Permian Basin as a roughneck, operator and geologist, a graduate of the Colorado School of Mines and University of Texas in Austin and developed 5000 bopd leases that were sold to Permian Basin Oil & Gas Companies. With an additional 45,000 primary acres acquired, we now offer his experience to the public investor in our lease programs.​

​

Bill Pye: Owner, founded OilStrata in 2010, West Texas Permian Basin lease holder, Geophysics major at UHM.​

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