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
New Cuyama is located in California. New Cuyama, California has a population of 711. New Cuyama is more family-centric than the surrounding county with 31.88% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in New Cuyama, California is $53,947. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in New Cuyama is 40.4 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 17.9 inches per year, with 0.2 inches of snow per year.
