Lagunas Royalty Interest, Reeves County, Texas
• 1,851.00 Gross Acres
• Up to a 3.703704% NPRI
• 55.3205 Net Royalty Acres
• Operated by Noble Energy, Inc.
• Potential Horizontal Objectives:
3rd Bone Spring, Upper & Lower Wolfcamp A, and
Upper & Lower Wolfcamp B
• 5 Producing Horizontal Wolfcamp Wells
• 1 Shut-In Horizontal Wolfcamp Well
• 7 Producing Vertical Wolfbone Wells
• Average Daily Production:
243 BOPD & 1,568 MCFGPD (Gross)
0.33 BOPD & 1.85 MCFGPD (Net)
• Average Net Income:
$900 / Month