Oil and gas production company using a unique boutique engineering firm to acquire low cost production.
We limit risk by finding orphaned wells, that have no cost to acquire the lease prior to further due diligence.
We perform our initial due diligence to determine if the well has any economic potential
We use a boutique engineering firm to perform behind pipe logging procedures with their patented logging tool that provides precise perforation levels to produce maximum oil with minimum water.
We are experts at operating these type of stripper wills in order to keep lifting costs low.
Our average well has a break-even cost of oil of $18 a barrel, all in.
Our success rate for wells entered is 96.5%.
Our average bopd per well is 12-15 barrels.
There are over 5,000 orphaned wells in Texas alone.
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