South Texas Spartan #1
Live Oak County, TX
The purpose of the Spartan Prospect is to evaluate the productive potential of the Yegua and Pettus Sand formations in the Dinero Field in Live Oak County, Texas. Thousands of oil and gas completions have been successful in these sand formations in the immediate area and have produced well over 100 million barrels of oil on trend in South Texas. Most wells in the Dinero Field were drilled in the late 80’s and 90’s without the use of 3-D Seismic data. Due to the advanced imaging technology provided by the 3-D, previously unknown fault blocks have been identified with analogous seismic response and trap as offset productive wells.
The Spartan is a multi-objective prospect with productive analog wells surrounding it. The prospect has a brighter AVO signature than the productive offset well which correlates to having a thicker pay section throughout the data set as well as being up-dip from a productive well. The prospect also has a larger acreage size than the offset wells which will lead to a greater accumulation of hydrocarbons.
Brazoria #1
Property Highlights
The primary objective is the Frio A Big Gas Sand that has recently been found to be oil productive in the Analog well #1 (212 MBO + 3.5 BCF) and the #2 & #3 analog wells (456 MBO +1.9 BCF). The #4 Analog well directly South of the Brazoria #1 has recently been drilled and completed at the rate of 624 BOPD + 182 MCFD. This is significant as it has proven that a fault closure on this structure can produce whether it has a seismic amplitude of not. In fact the less amplitude, the lower gas to oil ratio.
The proposed location is immediately up thrown to the key 150’ fault that cuts recently drilled analog well below the Big Gas Sand. The prospective trap is supported by 3D seismic, fault cut in the Nearby well, excellent porosity and permeability, and analogous production demonstrated nearby. This is a very similar trap of the three nearest wells that have each produced over 200 MBO, with the new oil discovery just beginning to produce over 600 BOPD.
Brazoria #1
Property Highlights
The primary objective is the Frio A Big Gas Sand that has recently been found to be oil productive in the Zenergy, Inc. Roca Negra #1 (212 MBO + 3.5 BCF) and in the Kaler Energy Halls Bayou #1 & #2 wells (456 MBO +1.9 BCF). The Kaler #3 well directly South of the Brazoria #1 has recently been drilled and completed at the rate of 624 BOPD + 182 MCFD. This is significant as it has proven that a fault closure on this structure can produce whether it has a seismic amplitude of not. In fact the less amplitude, the lower gas to oil ratio.
