ALPHA PROPERTIES
Alpha Properties LLC is a Dallas-TX based real estate investment group focused on acquiring real property for the purpose of developing commercial saltwater disposal facilities across the Permian Basin in Texas & New Mexico.
INVESTMENT PORTFOLIO
Alpha SWD #1
Pending
Eddy County, NM - 7.9 Acres
Alpha owns 7.9 acres on Hwy 285 just 0.25 miles North of Malaga, NM. The property is currently permitted for a commercial saltwater disposal facility in the heart of the Northern Delaware Basin.
Alpha SWD #2
SOLD - Producing
Eddy County, NM - 5.0 Acres
Alpha management purchased 5.0 acres on Carrasco Rd. & Hwy 285 just 1 mile North of Loving, NM. This property & permit are off-market and no longer available. Alpha is currently looking to acquire more properties in Eddy and Lea County.
Omega SWD #1
SOLD - Under Development
Reeves County, TX - 10 Acres
Alpha recently purchased 10 acres on Hwy 285 approximately 11 miles North of Pecos, TX. and is currently drilling a saltwater disposal well on the East side of 285 and a brine station on the West side of 285.
CURRENT PROJECTS
ALPHA SWD #1
Eddy County, NM
The Alpha Team is currently working through legal matters to resolve the Alpha SWD #1 permit. Alpha hopes to commence drilling of the well and construction of the SWD facility in Q2 2020.
$10MM Project Capex
ALPHA SWD #2
Eddy County, NM
Alpha SWD #2 project was sold to an industry leading water midstream company. The saltwater disposal well was successfully drilled and completed. The Alpha team invested $150k in the property and generated a 20X return on investment in less than 12 months.
Project is Sold
OMEGA SWD #1
Reeves County, TX
Omega SWD #1 project was sold to a vertically integrated water midstream company. The property is located 11 miles North of Pecos TX on Hwy 285 which is a prime location. The total project is estimated to cost $5.8MM and will take 90 days to complete.
Project is Sold
EXCELLENCE IN EXECUTION
PROPERTY SELECTION & AREA ANALYSIS
Alpha utilizes advanced technology to identify areas where additional disposal capacity is needed.
CONTRACT TO PURCHASE REAL ESTATE
Once a property is selected and terms are negotiated, Alpha will contract to purchase and close upon permit approval.
PREPARE APPLICATION FOR INJECTION PERMIT
After a property goes under contract, Alpha will prepare and file an application for injection authority with the appropriate regulatory agencies.
CONTACT US
MAILING ADDRESS
6009 W. Parker Rd. #149-189
Plano, TX. 75093
Kurt Knewitz
Email:
Phone: (214) 418-1177
Jason Pickard
Email:
Phone: (817) 366-5664