Possible to sell a portion of wells?

i’m thinking to sell a portion of the interest in the wells i’m under; like maybe a third.

is that a common thing to do?

BLK 3, SEC 11 H&GN Survey.

Such an approach was suggested to me a year or so ago when I was looking into options for our leases. We chose not to go down that path.

There is no “one size fits all” when it comes to the oil & gas business. You can sell up to 100% of your interest. Its totally up to you and your potential buyer(s). Too small of a piece, buys may not be interested. Too large of a piece may limit the number of potential buyers.