Smackover Trend Prospects
The primary leases for these four prospects cover over 2000 acres and contain 9 total Smackover well locations. Each prospect is in an up thrown fault block with offset subsurface well control. The reservoir drive mechanism is a combination natural water drive and gas depletion drive. The Smackover zone produces a sour gas (+/- 2% H2S and +/- 5% CO2) and sour oil. The gas also contains nitrogen (+/- 20%).
Offset wells drilled in this area are currently producing 250 BOPD and 500 MCFD. The current offset operator of these wells has been re-injecting a portion of the gas for gas lift. The remainder may be re-injected down dip or sold into an Enbridge system.
For more details on this investment opportunity, please contact us.