Val Verde Basin Tests Indicate 417 Bcfe Reserves at 13,000-acre Prospect
Drilling Activity Details
Val Verde
TX
United States
Drilling Activity Summary
Description
IHS Markit reported that Barron Petroleum completed a Val Verde Basin discovery in Val Verde County (RRC Dist. 1), Texas. Based on the results from two wells, the company estimates that the 13,000-acre project holds 417 Bcf equivalent (74.2 MMboe) in oil and gas reserves. Developed with the use of a 3D seismic survey, Barron has identified 67 high-graded Strawn locations on the acreage and could potentially develop Canyon at 9,000 ft and Ellenburger at 16,000 ft. The first wildcat, #1 Sahota Carson 20BU, hit approximately 70 ft of gas-bearing Strawn pay. It was fracture-stimulated and flowed up to 5 MMcf of gas per day. It was drilled to 12,650 ft in Section 12, Block C15, R.A. Ashley Survey, A-2575. About one-half mile to the east-southeast in the same section, #3 Sahota Carson 19BU was drilled and cased to 12,890 ft. According to IHS Markit, the well is currently holding for data. Nearby Strawn gas production is in Massie Field, about 6 miles northeast of Barron’s program, and to the east-southeast in Massie West Field is a shallow Paluxy reservoir opened in 1959 that produces from perforations at 325-640 ft. Barron is based in Graham, Texas.
IHS Markit reported that Barron Petroleum completed a Val Verde Basin discovery in Val Verde County (RRC Dist. 1), Texas. Based on the results from two wells, the company estimates that the 13,000-acre project holds 417 Bcf equivalent (74.2 MMboe) in oil and gas reserves. Developed with the use of a 3D seismic survey, Barron has identified 67 high-graded Strawn locations on the acreage and could potentially develop Canyon at 9,000 ft and Ellenburger at 16,000 ft. The first wildcat, #1 Sahota Carson 20BU, hit approximately 70 ft of gas-bearing Strawn pay. It was fracture-stimulated and flowed up to 5 MMcf of gas per day. It was drilled to 12,650 ft in Section 12, Block C15, R.A. Ashley Survey, A-2575. About one-half mile to the east-southeast in the same section, #3 Sahota Carson 19BU was drilled and cased to 12,890 ft. According to IHS Markit, the well is currently holding for data. Nearby Strawn gas production is in Massie Field, about 6 miles northeast of Barron’s program, and to the east-southeast in Massie West Field is a shallow Paluxy reservoir opened in 1959 that produces from perforations at 325-640 ft. Barron is based in Graham, Texas.