Hi All,
I was reading Loral Langemier a couple of weeks back. She’s a big advocate of direct investing in business opportunities like self storage, rental real estate and oil wells.
The idea of buying an oil well got me intrigued. So I started looking around on-line. Some small wells can be had for around $150,000 to $200,000. This type of business works based on how much oil/natural gas, etc. you can get out of the ground. The sizzle is that wells can be extremely profitable, especially when gas prices are high.
Since we don’t have $150,000 to $200,000 in cash lying around, this is probably going to be a project for 5 to 10 years down the road, but we’re definitely interested. It looks like a great money making opportunity that could allow us to significantly build our wealth.
Most wells appear to be sold by brokers, so if you want to cruise some of the listings check them out here.
Best,
James
DINKS (Dual Income No Kids) Finance is a blog discussing personal finance for couples. While by no means financial experts, we own a variety of assets including real estate and stocks. We've both been up to our eyeballs in debt and have made tons of financial mistakes. However, we've both successfully retired that debt and we both do learn from our failings. We hope that our voice in this blog can help others in achieving their goals!
{ 48 comments… read them below or add one }
Wow! I see just posting a article on oil wells, you tend to get a lot of spam
Yeah I suppose so – you want some of it? ;)
Hi James & Miel,
Your article is an interesting and accurate one. However did you know you can also buy fractional ownership in leases, for as little as $25,000. They will give a passive income of approx $600/month at todays oil prices.
So if you or anyone is interested in learning more as to how you can get into oil well investment sooner rather than later, please feel free to contact me.
Have a great day.
Charlie
Charlie,
I am very interested in purchasing an oil well and have the funds to do so. I am however, very interested in what you mentioned about purchasing fractional ownership in leases. I am new to the business and I am trying to learn as much as possible before I decide to buy anything. If you could please contact me I would appreciate it.
Looking forward to hearing from you,
Steve
I would like to receive more info about buying a well or fractional interest in a well. Charlie, can I have your contact info? Thanks
anmmartin02@gmail.com
I am oil professional willing to buy a producing well. I am interested in partnership also in the business. Can anybody help me buying an oilwell. I am ready to buy a small workover rig also if required to repair /maintain a producing well for increasing oil production or maintaining the present production level.
Please respond.
Arvind, please get in touch with me via my email csrushton@comf5.com. we can talk further on this. I can help you find an oil well within your budget.
This message is for Steve Woloszyk.
Steve I have attemted to contact you twice. I have not heard back from you and can only think you have not received my responses. If thi is the case, please contact me csrushton@comf5.com or on 805 403 7080.
Hope you get this message
Regards
Charlie Rushton
Some basics on investing in oil
http://www.maverickenergy.com/faq.htm
Hello Steven,
We have 2 concessions in the far east available for sale. Potential income is estimated at $36B and $40B respectively.The associated gas assets are massive and represent an additional potential income of billions of dollars per year. The profits are calculated by the $45 times the total volume of oil.
Once the conditions of introduction are met, the interested party will be given all the details and they can see the Geological studies and negotiate directly with the selling company. I have all this information digitally available from the geological survey for the blocks.
Potential buyers/investors can email me at : samsplacement@yahoo.co.uk
Hey i have a plan to make a water disposal well here in canada that can net me 40-60k a month! I am currently looking for invstors. I have 20 years in the canadian oil patch and have all the knowlegde needed to make this a sucessful operation. Future plans include another produced water disposal well and 5-10 oil wells new. Mail me for more info.
You can actually buy oil wells today for as little as $20,000. They are generally salvage type wells pumping a barrel or less a day. Key is to find one with a pay zone behind pipe that has not been produced. Not really as hard as you may think. Had a friend did one in December. Bought it for $20,000 put another $40,000 into it reworking it. In the first 9 months of this year it has netted about $100,000 and is still producing about 3.5 barrels per day or about $8,000 per month. Engineers estimated it worth over $300,000 today and should earn over $500,000 in the future. How’s that for a well? Did another in February, but didn’t hit the first back up pay. It took $50,000 follow up investment and resulted in well pumping over 50 barrels per day or $70,000 per month.
Brent,
your right and sounds like your buddy has experience. where does he operate? are you or he looking at doing anymore reworks, if so, would you be interested in a JV?
Royalty interests are also a very good way of getting into this sector. Low risk since you have no maintenace obligations, and they are very accessible. The key is to finding well run and maintained leases that show consistent steady production. This will provide regular monthly cashflow checks with no headaches. They can be acquired for as little as $5,000 and provide cashflow for many many years to come. The monthly amount is also tied to the price of oil so if the price goes up as it has done this month so do your monthly checks!!!!.
Providing you choose wisely, they are also easily resaleable should you need to raise capital quickly
I am seeking to get into the industry.. I am seeking a good partner and or Mentor.. I am tired in IT and ready for a change into a field I find very interesting. I have some cash.. and I am seekig to get my first well … and learn the business.
Shoot me an email..
texasmo@yahoo.com
Morris
I am very interested in getting into oil. Please email me @ Nelissa_jo@yahoo.com if you have any information. Thanks
I am interested in buying a well if the price is right, or doing the partial leasing like mentioned above. please contact me if there are any wells around taft/bakersfield CA
^^ email above= brentbowser97@hotmail.com
I have little bit to invest, I am located in Lugano Switzerland but would be interested in something in Russia or USA. Not interested in Africa or unstable Middle East.
Have 250,000 CHF to invest, I have to see the project as well. vacationperu@yahoo.com
Hey guys, any one manage to find or lease a well yet
I am also looking for a lease, share the love people where are the websites to lease
akberismail786@gmail.com
Oil and Gas well in Utah. $30k for each 1% working interest. 60 days from production. Very experienced operator. Email if interested.
Boa noite gostaria tambem de saber mais sobre a aquisição de poços de petroleo, daquilo que li parece-me muito interessante, pois estou interessada na compra. Gostaria que alguem me informasse mais do mundo do petroleo.
o meu email é: mmsrodrigues@hotmail.com
Hello, I’ am interested in buying a well, can anyone give me some information about that subject!!!!
my email is mmsrodrigues@hotmail.com
Small and large royalty and working interests in producing wells in Canada. Stable economy and government. Very established fields. Assets were acquired in large purchase to be spilt up and sold in small pieces to individuals as investment vehicles. Very large potential for multiple horizon upside for near future development. All inquires to alliedenergy@shaw.ca
Hi,
My name is Vinay Manjeshwar,I am looking out for options to buy/lease an oil well,my budget can be between $5000-25000 depending on the returns I get from it.My email id is vinaymanjeshwar@hotmail.com. and my mobile number is 0091-9833703860.Looking for ward for your replies.
Regards,
Vinay Manjeshwar
Does anyone do oil well financing? You can reach me at acquisitionscorp@gmail.com
Im looking to invest 25,000 to 150,000 on wells, low or no water production, high API, and wells that have had steady production for a while. Will consider shut in wells that require work overs.
anouarinho17@yahoo.com
i would like to know the requirements for owning an oil well.
**I am extremely interested in this investing..Since we are all looking to get into this, I feel, we should form a support group & help one another. I am wanting to get as much info as possible on this type of investing..are there courses to take, classes? I would need to be educated before diving in. However, this is something I am ready to rock. But, how and where to start?
Has anyone purchased, yet..what are the steps? I am in Los Angeles.
…I am at Hotmaserati@yahoo.com
i am looking to get in on oil and or gas wells. im not sure what route to take weather it be to purchase an old well or get in on a JV. i have a small budget of 5-8k but i work in the oil field and can operate wells and all associated systems. any input would be great, i have no idea how to get started. live in tx by the way. waylon.williams09@yahoo.com
It’s great to see so much interest in oil, and rightly so with it at $103 today. For those of you like Nelissa, Waylon, Yvette and all other interested investors, log onto my website and opt in to get my free report called “Dispelling the myths of investing in oil”. I can help you with your search for an investment. My website has educational information as well as live deals. Feel free to call me if you have any questions.
Charlie. What is your website? thanks
Hi, I am very interested in buying an oil well. Dont know much about the business. I needbthe know how. Or the steps to take. Im a young guy with a family to provide for. Would like to get started early, what classes to take. I currently live in a good state for oil wells. If someone could olease reach out to another honest working family man, I would greatly appreciate any help that can be given. Located in johnson county, Kansas. Please get back to me as soon as possible. A good friend of ten years is ready to go into the business along side me..
Email me at: zachary.hall.1989@gmail.com
Thanks and have a wonderful day,
Zach
Hey I am interested in learning more about selling wells. I know a operator that is looking for a partner to purchase 12% from another company on a block that is expected to produce atleast 200 – 250 bopd.
Sorry forgot to put my email. Its mtumedelemos@hotmail.com.
I to would like to invest in the oil and gas business would someone get ahold of me and let me know who to contact or contact me i am willing to invest up to 100k or more thank you my email is crews_23@yahoo.com
Hello,
I am currenly looking to raise capital for a private oil drilling project. I have connections with people who are actively doing oil drilling, and also have access to technology which can find oil fast. We have an infrastructure already set up and can show you the oil wells which are producing as I type this comment. For more information email: greenplanet0110@aol.com
Have a nice day! :)
I know how you can buy an oil well, email me at greenplanet0110@aol.com
Hey charlie Rushton reading ur feedback, gave me an interest in oil wells. I was seeing if I could get ur website. thank you.
email address francis3227@aol.com
Hi Francis, Thanks for your interest, My website is http://www.usoilinvestment.com, you or anyone else can email me directly at charliesrushton@gmail.com. Feel free to contact me anytime. I have some great opportunities available for both the new and experienced investor
Thought you guys might be interested in an article I just read. Compelling argument as to why to buy energy stocks. But remember, greater gains (and risk) are garnered at the well head
http://www.cabot.net/Articles/2012/03/investing-energy-stocks.aspx
Happy reading!!
Dear All,
Very rare opportunity available, oil well for sale. Large investment is required. Contact me catalyst.lily@yahoo.co.uk
Kind regards
Lily lou
PEOPLE, I CANNOT STRESS THIS ENOUGH. IF YOU ARE LOOKING TO PUT MONEY IN A LOW-RISK, HIGH ROI BUSINESS INVEST IN MY OIL COMPANY. NOT ONLY WILL YOU MAKE YOUR MONEY BACK IN LESS THAN A YEAR BUT YOU WILL GET MONTHLY RESIDUAL INCOME FOR YEARS TO COME! AS THE COMPANY GROWS SO DO YOUR PAYCHECKS, CONTACT greenplanet0110@aol.com FOR MORE INFO, Thank you!
Hi Everyone,
Just wanted to let you know, my April newsletter is out, available on my website at http://www.usoilinvestment.com. I also have a new deal available at a ridiculously low price as the vendor needs to free up some cash quickly. So his loss is your gain. For $65k you can own your own oil well 100% lock stock and all the barrels of oil it produces.
This opportunity is not listed on my website ,yet but will be in a weeks time if it is still around.
Call me on 805 403 7080 if interested for more info.
Have a great and prosperous day
I can deliver leased instruments to Organisations or individuals with their preferred text verbiage as been approved by their bankers. We also proffer sales option to interested buyers. Our terms and procedures are so flexible and workable by RWA clients. Our lease rate is (5.5+0.5)%+x%. X% IS Lessee broker’s Commission and he determines his commission. Also we have facilities to discount BG and Put you into PPP Trading.
Contact me through this email:(broker.prokopiy01@gmail.com) or through
skype: (Dobrovolskiy.prokopiy) in other to furnish you with other information.
Visit it me on facebook at http://www.facebook.com/hardrockoil and keep up with everything that is going on.
Happy investing!!