January 2023 Listings
- Long Beach Thums Net Profits Interest: Located in the prolific Wilmington Ave Field, the #3 producing field in the U.S. Over 1200 producing wells with a shallow decline. Average monthly income over the trailing 7 months $3,600+ per month. Asking $205,000.
2. Overriding Royalty Interest Long Beach, CA: Located in the Wilmington Avenue Field under the N-3-C lease and operated by California Resource Corporation (CRC). This .01562 ORRI covers 5 producing oil wells on a minimal decline. Average income for 2022 has been $3,853 per month. Asking price $275,000.