Total proved reserves: 21 MM BOE
Proved reserves by commodity: 67% gas…30% oil…4% NGL
States: Texas, Louisiana, Colorado
Net leasehold acres: 90,000
Well count: 312
BOEPD: 4,000 (60% gas)
Gulf Coast
16 counties (TX), 16 parishes (LA)
Producing wells: 268
Net acres: 60,000
Proved reserves: 18.8 MM BOE
Mostly vertical, conventional, long-life, low-decline gas-weighted assets and associated production facilities in southern Texas and Louisiana. Assets across the Austin Chalk, Wilcox and Tuscaloosa trends with significant low-risk development inventory.
Ark-La-Tex
Caddo, Claiborne, Webster Parishes LA
Producing wells: 29
Net acres: 14,000
Proved reserves: 1.7 MM BOE
Low-geologic-risk assets in northern Louisiana with shallow annual declines. Includes rights to Haynesville, Cotton Valley, and Smackover formations with upside in incremental drilling and development. Midstream infrastructure with 2-pipeline gas gathering system, compression stations, and field office.
DJ Basin
Lincoln County CO
Producing wells: 15
Net acres: 16,000
Proved reserves: 0.7 MM BOE
Vertical, low-decline, oil-weighted assets and associated production facilities in Colorado’s oil-rich Denver-Julesburg (“DJ”) Basin.