$ 775,000
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$775,000
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About the Listing CLW-B2003116 - CLW-C129946
312+ Acre Oil Producing Property with Lease and 50% of mineral rights. Leased and operated by E&B (fully bonded and insured). Paved access, 17+- oil wells producing and paying royalties with oil prices high and rising. Trailing 12mo royalties average 2000/mo... trending higher. *Outside of the Cuyama water basin management area *good water profiles for well (over 200gpm according to geologist) *E&B Resources is the operator of the oil wells, they have bonds and insurance w/county so there are NO liability issues w/any future cleanup. *They are increasing production and more wells may com back online as oil prices/demand is strong. *This property is the key for their oil production. Tank farm and center of the arco field. *Good dove quail and 4wd
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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- Below Ground Sq Ft: n/a
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- Water: Private
Exterior Details
- Lot Description: Pasture,Ranch,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: U
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 147150007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1818 Aliso Canyon Rd New Cuyama, CA 93254
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