Business Overview:
This oil well is located on private land, where the Seller owns mineral rights to 158 surrounding acres. The well, completed in 1961, has actively pumped oil to on-site storage tanks during multiple periods of operation over the years. Since the last shutdown, the engine has been removed, although the pump jack remains in place. The engine will have to be replaced by a new owner. Electricity is available at the site. The well is not visible from the road, but there is a gate onto the property at the road for access to the well. All of the oil-related equipment and mineral rights are included in what is part of an estate sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Estate Sale
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.