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Powder River Basin

4 Wells in the heart of the Powder River Basin

by | Jun 18, 2024 | Investment Experts, Oil Prices, Production, Straight from Greg's Desk, Uncategorized

DW Wyoming #7 offers investment in 4 EOG wells with high production potential and significant tax benefits.

EOG Resources

  • 4 wells in the heart of the Powder River Basin
  • Many of our Partnerships have paid out over 75% on $3.50 MCF and $50.00 oil average
  • Current price per barrel of oil is over $80.00
  • Nearby wells have produced over 300,000 BO or 1,000,000 MCF in less than 5 years
  • Only $870,000 of $1,750,000 left of this brand new partnership
  • A few of our most recent wells have paid out 202% and 112% while still cash flowing 2-5 percent a month
                                                                               Click here for DW Wyoming #7
Click here for DW Wyoming #7 Sub Doc 

 

Table of Contents
 

    Continental #3 – 90.70%                                      Current Oil price per barrel: $70.00+

    Continental #4 – 111.97%                                     2023 Average: $82.59 
    Oklahoma #12 – 142.96%                                    2022 Average: $100.93
    Oklahoma #2 – 93.40%                        2021 Average: $70.86
    Oklahoma #11 – 95.78%                                      2020 Average: $41.96 
    Oklahoma #18 – 156.46%
    Bakken #60 – 97.07%
    Bakken #61 – 110.11%  
 
    Continental Watson North FIU 2-17-8-5XHM is 218.39% paid out (sent 1.64% last month)
    Continental Watson North FIU 3-5-8-18XHM is 142.62% paid out (sent 2.63% last month)
    
powder river basin,eog resources,wells
Maps above shows the surrounding production:
  • The wells in this partnership are among some of the best oil wells in Wyoming
  • Many of the surrounding wells are not only great oil producers but fantastic gas producers as well
  • Oil prices are currently at $80.00+ per barrel and many experts expect it to go much higher

Tax Deduction Details

(Up to 90% of this investment could be deductible in the first year):

BEFORE Investing with DW Energy Group
Income$500,000.00
Tax Bracket37%
Tax Liability$185,000.00
AFTER Investing with DW Energy Group
Income$500,000.00
DW Investment$100,000
85% First Year IDC Tax Deduction$85,000
Taxable Income$415,000
Tax Bracket37%
Tax Liability$153,550.00
First Year Tax Savings$31,450.00
“At Risk” Investment$68,550.00

The hypothetical scenario above shows how a qualified investor could:

  • Significantly reduce their tax liability – in this case by 17%
  • $100,000 investment, ‘returned’ $31,450 (or 31.45%) through tax savings
$100,000Initial Investment
85%IDC’s
37.0%Tax Bracket
$31,450.00Real Dollar Savings
powder river basin,eog resources,wells31.45% return of investment from the tax benefit alone
DW Wyoming #7 Prospect
Basic Information Sheet
 
 Name of Issuer                          
 DW Wyoming #7, LP
 Managing Partner   
 DW Energy Group, LLC
 Operator of Prospect
 EOG Resources Inc. 
 Well Names 
 EOG Geneva 3229-05H
 EOG Geneva 3229-06H
 EOG Geneva 3229-37H
 EOG Geneva 3229-38H
 
 Proposed Total Depth
 Up to Twenty-three Thousand (23,000) Feet
 Primary Objective 
 Niobrara Shale
 Subscription Price Per Unit
 $250,000
 Equivalent Working Interest Per Unit
 0.2770% in the EOG Geneva 3229-05H
 0.2770% in the EOG Geneva 3229-06H
 0.2770% in the EOG Geneva 3229-37H
 0.2770% in the EOG Geneva 3229-38H
 
 Equivalent Net Revenue Interest  Per Unit
 0.2078% in the EOG Geneva 3229-05H
 0.2078% in the EOG Geneva 3229-06H
 0.2078% in the EOG Geneva 3229-37H
 0.2078% in the EOG Geneva 3229-38H
 
 Maximum Number of Units Offered 
 Seven (7) Units
 Minimum Number of Units Offered
 One (1) Unit
 Maximum Capitalization 
 $1,750,000
 Minimum Capitalization
 $250,000
Sincerely,
Greg Hillman
Office: (214) 758-0880