DEL NORTE, PHASE I
A 2014 USGS assessment estimated the San Juan Basin holds 50 trillion cubic feet of undiscovered gas, 19 million barrels of undiscovered oil and 148 million barrels of NGL. In August, 2017, British Petroleum (BP) found a major gas field in the San Juan Basin, and within the first 30 days, the well produced an average of 12.9 million cubic feet per day.
According to Alpha Seven E&P Engineer, and 18-year Halliburton veteran, Robert Reyes, the porosity and resistivity of the basin’s subsurface is extraordinary. This project features stacked pay zones, and logs, which estimate a commercial amount of oil & gas.
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