The Diamondback #2 Prospect is located about 46 miles south-southeast of downtown Houston, Texas and 20 miles southeast of Alvin, Texas near the intersection of Chocolate Bay and West Galveston Bay in Brazoria County, Texas. Geologically it is in the area known as Rattlesnake Mound Field.
Depth: 11,500′ TVD Untested fault block offsetting nearby analogous oil production. Defined by 3D seismic and subsurface geology it is a large 3-way fault closure that will be tested on the up-thrown side of a small cross fault across the closure. Seismic Amplitude with AVO at crest of structure enhances the play. Intermediate casing will be set at about 7700′. The Well will be drilled under a partial turnkey contract.
Objectives: The Primary objectives are the Frio Big Gas Sand and Grubbs Sands. The Big Gas sand has 39′ of porosity down dip in the General Crude #2 Martin Fee. Both sands have produced 543.3 MBO + 4.54 BCF of the north in Pegasus Gulf Coast Field drilled by Tepco/Kiawah in the early 90’s.