PERMIAN BASIN
Salient Features
- 17 Leases : 12 Oil Lease & 5 Gas Lease
- Number of Acres : 5000 approx.
- No. of Wells on Leases : 98
- Cumulative production (as of 2000) : 1.89 million bbls
- Manifold Infill drilling opportunities : 5/10/20 Acre spacing respectively
- Depth of producing formation : 1500 – 13000 feet (Avg.)
- Producing Formation : Middle to Upper Guadalupian (Grayburg, Queen, Seven Rivers & Yates)
- Reservoir rock : Sandstone, Siltstone & Dolomite
- Primary Drive Mechanism : Solution Gas Expansion & Water Drive
- Oil Play : Artesia Platform Sandstone
- Present Production of the field
- Expected Production after Workovers
OUR VALUES
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As we work to produce the energy the world needs, we are defined by our shared values. We start with a commitment that doing the right thing is non-negotiable. Safety, social responsibility and ethical behaviors enable our license to operate.
