Case Study 1: Weld County, Colorado – Asset #53317
$16MM Net AFE | Sold Post-Auction Negotiated Transaction
Overview
Oil & Gas Asset Clearinghouse successfully facilitated the sale of a large $16MM Net AFE package in Weld County, Colorado. The transaction highlights Clearinghouse’s ability to leverage both its live auction platform and post-auction negotiations to secure premium outcomes for clients.
Transaction Highlights
Asset Type: AFE – Non-Operated WI Package
Location: Weld County, Colorado
Operator: Civitas Resources
Ownership: 13.25% WI / 9.88% NRI
Development: 18 planned 2-mile horizontal wells, spud Q3 2025
CAPEX: $15.8MM Net / $119MM Gross
Target Formations: Codell & Niobrara
Clearinghouse Approach
The package was first marketed through Clearinghouse’s auction platform, generating strong engagement but not reaching reserve. Through immediate follow-up negotiations with qualified bidders, Clearinghouse secured a sale, ensuring value for the seller while meeting the buyer’s development goals.
Outcome
- Result: $16MM Net AFE successfully sold post-auction.
- Takeaway: Clearinghouse’s dual-track process (auction + negotiated sale) maximizes transaction certainty and delivers liquidity, even when assets don’t trade in the live event.
Case Study 2: Grayson County, Texas – Asset #53303
250 BOPD Producing Asset | Sold at the Gavel with 1-Day Closing
Overview
Oil & Gas Asset Clearinghouse marketed and sold a producing operated working interest package in Grayson County, Texas. This cash-flowing, 250 BOPD position attracted significant buyer attention, ultimately selling at the gavel during a live auction.
Transaction Highlights
- Asset Type: Operated WI Package
- Location: Grayson County, Texas
- Ownership: 90.6% WI / 74.3% NRI across 115 wellbores
- Production: 250 bopd / ~1,200 mcfd (Oct 2024 – Mar 2025 avg.)
- Cash Flow: $214,000 per month net (ex-CAPEX)
- Acreage: 3,998 Net / 4,978 Gross Acres
- Geology: Barnes, Strawn, S Sand, UV Sand, Woodford, Viola
- Operations: Combination of waterflood units and horizontal producers
Clearinghouse Approach
The asset was positioned as a scaled, operated production package with stacked pay upside. Clearinghouse’s auction marketing emphasized consistent cash flow and development diversity, driving competitive bidding.
Outcome
- Result: Package sold at the gavel, with reserve met and 1-day closing.
- Takeaway: Auction platform delivered immediate execution certainty and premium competitive pricing without need for further negotiation.
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