Current Engagements


Please contact Melinda Faust to learn more about our current offerings.

Melinda Faust, Managing Director

mel@detring.com
(713) 595-1004

Core Non-Operated Leasehold Opportunity

  • 1,285 net acres under active development
    • Acreage is 100% HBP by horizontal production
    • Leading operators actively developing EnCore units include Henry Resources, Driftwood Energy, and Pioneer
  • 15 producing horizontal wells (~9,300’ average lateral)
    • ~15% average unit working interest
    • ~300 Boed current net production (May 2021 est.)
    • ~$3.1MM NTM PDP cash flow | ~$11MM PDP PV-10%
  • 2 recent completions (currently flowing back) and 9 permitted locations (~40% avg. WI) driving significant production and cash flow growth through 2H2021
  • Bids due May 19, 2021

Permian Basin Minerals Opportunity

  • ~5,400 Net Royalty Acres
    60% Delaware / 40% Midland
  • High-quality acreage spanning the oil-rich cores of the Delaware and Midland Basins with exposure to premier operators
    • Top operators include Ovintiv, Diamondback, and EOG
  • Substantial cash flow growth via DUC/Permit development
    • 10 DUC and 24 permits with an average ~0.6% NRI
  • Operators completing prolific wells across multiple economic Wolfcamp, Spraberry and Bone Spring targets
    • Significant delineation with IP’s and EUR’s consistently topping 1,500 Boed, 1 MMBoe, respectively
  • ~220 hz rigs currently running throughout the Permian ensure mineral value acceleration
    • 15 rigs within 3 miles of position
  • Bids due May 19, 2021

Delaware Basin Development Opportunity

  • ~5,600 net acres primed for rapid development
  • Significant net production (300 Boed) and net cash flow (~$4MM NTM)
  • 126 development locations (36 operated) with access to highly economic Wolfcamp performance
  • PDP PV-10 of ~$13MM and 3P PV-10 of ~$80MM
  • Bids due August 24, 2021

Gulf of Mexico Opportunity

  • 60% interest in Main Pass Block 59 (Cantium operated)
  • ~250 Boed net production (99% of revenues from oil)
  • PDP NTM cash flow of ~$3.3MM
  • 10+ productive reservoirs with 12 proven undeveloped opportunities (3rd party certified)
  • Total 1P PV10 and reserves of ~$66MM and ~3.6 MMBoe, respectively
  • Bids due October 6, 2021