1818 Aliso Canyon Road, New Cuyama, CA 93254

  • $775,000
1818 Aliso Canyon Road, New Cuyama, CA 93254
Active
1818 Aliso Canyon Road, New Cuyama, CA 93254
1818 Aliso Canyon Road, New Cuyama, CA 93254
  • $775,000

Description

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

  • Address 1818 Aliso Canyon Road
  • State/county CA
  • Zip/Postal Code 93254
  • Country US

Details

Updated on January 14, 2025 at 1:14 am
  • Property ID: 25477183
  • Price: $775,000
  • Land Area: 312.7 Acres
  • Garage Size: x x
  • Property Type: Commercial Sale
  • Property Status: Active

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