This is a two-well project in Borden County, Texas. This lease is located in the heart of the US’ most prolific oil-producing region (i.e. the Permian Basin). The U.S. Geological Survey assessed technically recoverable mean resources of 20 billion barrels of oil and 16 trillion cubic feet of gas in the Wolfcamp shale in the Midland Basin.
Del Norte, Phase I
This is a single-well project located in Colorado’s San Juan Basin. 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.