Shale's Management is extremely proficient at originating, screening, assembling and marketing oil and gas exploration projects and prospects with a track record of nearly 400 Billion Cubic Feet of Gas Equivalent (BCFGE) in discoveries, either directly generated or as part of a team.
Shale is adept at coordinating the efforts needed to generate oil and gas programs and forging an effective exploration effort. Many of our managers have opened district offices, founded independent companies and managed company exploration programs.
Shale's managers have definitive technical areas of expertise that diversely cover a range of trends across multiple oil and gas plays and areas including, the Bakken Shale and other parts of the Williston Basin, Barnett Shale, Eagle Ford Shale, Fayetteville Shale, Texas Gulf Coast and South Louisiana.
We use state of the art technology in all vertical and horizontal completions. This includes fracing, seismic 3D, our proprietary innovative seismic 4D, and geochemistry.
The Shale opportunity is unique in that it includes state of the art technology in producing properties and drillable prospects at what is often below market costs.
We currently have opportunities around the country, below are just a few.
Karnes County, Texas
Eagle Ford Shale Play
This prospect contains approximately 405.43 net mineral acres in the oil window of the famed Eagle Ford Shale. The Eagle Ford Shale has successfully produced large amounts of both oil and natural gas resources since 2008. Oil production in the Eagle Ford rose from 4.4 million barrels in 2010 to over 50 million barrels in the first 6 months of 2012. As of May 2013 output across the Eagle Ford region surpassed 600,000 barrels per day.
Karnes County forms part of a prolific area of the Eagle Ford where wells produce greater amounts of condensate, oil, and wet gas. As of July 2013, Karnes County was ranked the number one oil producing county in the State of Texas at 4,530,197 bbls/day. In October 2013, 267 horizontal rigs were running in the region; Karnes County has led all Eagle Ford Counties in rig count.
Zwolle Field Prospect
Sabine Parish, Louisiana
Haynesville Shale Play
The Zwolle Field Prospect consists of one lease covering approximately 12,020 acres in Sabine Parish, Louisiana. This land has been unavailable for several years due to litigation, and as a result this highly prospective acreage remained unleased through the Haynesville Shale land rush. The litigation has been resolved, and we acquired this lease.
The leased acreage contains 11,220 acres leased to all depths including prospective shallow conventional drilling potential, and 800 acres leased as to the deep rights only prospective for the Haynesville Shale. All lease acreage is contiguous save for one 600 acre block. The single lease includes 100% of the leasehold interest and delivers 79% NRI.
Since 2007, more than 2,300 Haynesville Shale wells have been permitted in northwestern Louisiana; 1,500 of them are producing. Many Haynesville wells are producing in excess of 20,000 MCF/day. In Sabin Parish, a total of 120 Haynesville (or other Jurassic) wells have been permitted in with the proposed tests being some of the most southern locations. Eleven of the 120 Haynesville wells permitted since the beginning of 2011 have been completed. All except one of the successful completions have been in excess of 15,000 MCF/day with the highest potential showing 22,953 MCF/day.
Warnica Ranch Prospect
Roosevelt County, New Mexico
The Warnica Ranch Prospect contains approximately 16,531 net acre of leasehold on the Northwest rim of the Permian Basin. The prospect has excellent potential for significant oil production from the Pennsylvanian and Fusselman formations. The acreage offsets current production in the 500 mbo North Peterson Field.
Fusselman reserves are anticipated to produce in excess of 500,000 bbls oil per well. Regionally, Fusselman wells have produced over 1.5 million barrels of oil per well. Fusselman reservoirs typically have IPs of 300-500 bopd under water drive. These wells have historically long lives and low declines.
Penn B reserves are anticipated to produce in excess of 100,000 bbls oil per well. The offsetting North Peterson Field located two (2) miles south of the Warnica Ranch Prospect has produced 500,000 bbls of oil from 4 wells. These wells indicate IPs of 150-250 bopd under hyperbolic decline and usually produce little water over their producing life.
We have conducted extensive 3D seismic research developing 40 sq. miles of proprietary data on this prospect. A minimum of 8 structural highs have been identified.
For a few educational videos, please direct yourself to our YouTube channel HERE
© Shale Exploration, LLC 2012, an Equal Opportunity Employer.