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.
