1818 Aliso Canyon RD new Save Request In-Person Tour Request Virtual Tour
New Cuyama,CA 93254
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25477183
Lot Size 312.700 Acres
Property 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
Location
State CA
County Santa Barbara
Area Cyma - Cuyama
Zoning U
Building
Lot Description Pasture,Ranch
Water Private
Others
Special Listing Condition Standard