Justiss Oil Co. Inc., Jena, La., scheduled a wildcat in western LaSalle Parish in northern Louisiana. The #1 Placid Fee CD is in Section 7-8n-2e and is slated to reach a total depth 3,800 ft. Nearest recovery is less than a mile west where Searcy West Field produces from the Wilcox. There, #16 HPR Fee has recovered 113,483 bbl of oil and 2.26 million bbl. of water since coming onstream in 1990. Searcy West Field has recovered 1.89 million bbl. of oil, 84.55 million cu. ft. of gas and 49.58 million bbl. of water since coming online in 1962, reports IHS Inc.
Recommended Reading
Battalion in Compliance with NYSE American after 2023 Meeting
2024-02-13 - Previously, Battalion Oil was not in compliance with the NYSE after failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Enerflex Appoints Thomas B. Tyree to Board
2024-03-12 - Tyree currently serves on Antero Resources’ board and recently served as chairman of Northwoods Energy LLC in 2023.