Foothills Resources Inc.

About

Foothills Resources Inc. is a privately held oil and gas exploration and production company headquartered in Houston.

Foothills currently owns and operates long-life producing oil and gas assets located along the Gulf Coast of Texas.  Its primary asset is the historic Goose Creek Field, a world-class salt dome field discovered in the early 1900s and located near the city of Baytown in Harris County. The company also owns producing assets in Liberty and Hardin counties.

Since acquiring this group of assets in 2006, Foothills has continued redevelopment of the fields through a series of low-risk workovers, behind-pipe recompletions, development infill drilling, and upgrades to field infrastructure. Going forward, the company plans further exploitation of the Goose Creek Field by conducting a first-time 3-D seismic survey over the field which is expected to yield multiple exploration and development opportunities.

The company owns and operates these assets through its wholly-owned subsidiary, Foothills Texas Inc.

Editor's note: Updated Aug. 14, 2019.

Headquarters Address

2450 Fondren Road, Suite 200
Houston, TX 77063
United States

Main Phone Number

New Financings

Report Date Type Amount (MM) Description
2008-01-07 Foothills Resources Inc. - 2008-01-07 Debt $100.00

Closed a secured credit facility with Regiment Capital Advisors LP and Wells Fargo Foothill to pay debt…

Activity Highlights

Bakersfield, Calif.-based Foothills Resources Inc. is drilling its #GB 4 well to a projected depth of 9,300 ft. on the deep Grizzly Bear prospect underlying Grizzly Bluff Field in the Eel River Basin in Humboldt County, Calif. The upper section…

News

Foothills Resources retained EnergyNet for the sale of an operated package of Texas Gulf Coast assets through a sealed-bid offering…

Transactions

Report Date Amount (MM) Description
2019-08-14

Marketed: Foothills Resources Texas Gulf Coast Operated Asset

Marketed: Foothills Resources Texas Gulf Coast Operated Asset