Non-Operated Working Interest in Wyoming Sells at 3-Year Cash Flow Multiple 

Non-Operated Working Interest in Wyoming Sells at 3-Year Cash Flow Multiple 

Asset #53456 | Sweetwater County, Wyoming 

Overview 

At the February 2026 live auction, The Oil & Gas Asset Clearinghouse successfully facilitated the sale of Asset #53456, a non-operated working interest package in Sweetwater County, Wyoming

The asset attracted strong buyer interest and ultimately sold at a 3-year cash flow multiple, demonstrating continued demand for stable, long-life production assets. 

The Asset 

Asset #53456 consisted of non-operated working interests in two producing wells, operated by Kaiser Francis Oil Company, with production from the Almond and Lewis formations

Key highlights included: 

  • Non-operated working interest in 2 wells  
  • 6.49% / 5.48% average ownership (WI/NRI)  
  • $3,333 average monthly net cash flow (2025 production period)  
  • 3.2 bopd / 1,050 mcfd average gross production  
  • Located in Sweetwater County, Wyoming  

The asset provided consistent natural gas production with a proven operating history. 

Why Buyers Were Interested 

From an engineering and market perspective, several characteristics contributed to the asset’s strong performance at auction. 

Long-Life, Low-Decline Production 

The wells associated with this package are supported by low-decline natural gas production, making the asset appealing to buyers seeking stable cash flow over time. 

Minimal Plugging Liability 

Compared to many mature assets, this package carried relatively low future liability exposure, which is an important consideration for buyers evaluating long-term returns. 

Favorable Regional Market Dynamics 

Wyoming natural gas assets can benefit from periods of elevated pricing driven by regional weather demand, creating upside potential in otherwise stable production profiles. 

Auction Performance 

Through OGAC’s competitive auction process, the asset received strong engagement from qualified buyers. 

The result: 
👉 Sale at a 3-year cash flow multiple 

This outcome reflects both the quality of the asset and the effectiveness of competitive bidding in establishing fair market value

Why Auction Works for Assets Like This 

Non-operated working interests with steady production profiles often benefit from exposure to a broad buyer pool. 

OGAC’s auction platform enables: 

  • Competitive bidding among qualified buyers  
  • Transparent price discovery  
  • Efficient transaction timelines  

For sellers, this process helps ensure the asset is marketed to buyers actively seeking similar opportunities. 

Considering Selling a Non-Operated Working Interest? 

If you own producing wells or non-operated interests and are evaluating a sale, understanding current market demand is critical. 

The Oil & Gas Asset Clearinghouse helps sellers: 

  • Reach a large network of vetted buyers  
  • Position assets effectively in the market  
  • Execute transactions through a structured auction process  

👉 Start the conversation today: 
https://www.ogclearinghouse.com/ 

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