Please Note: Information found on this page and throughout this web site is only concerning ventures that were fully funded months ago and either closed out or currently involved in the drilling process. Not anywhere on this site will you find information about current or future ventures. Information contained herein is not intended to be any form of solicitation.
Texas Energy Group currently has several different drilling projects in the production phase, all of which are exploring for oil and gas in the state of Texas. Information found on this page pertains to fully funded projects that are currently in the drilling and production stages. Per federal regulations, you will not find any information on this site pertaining to our future activities. If you are interested in current or future opportunities with TEG, please call us at (877) TXENRGY or go to our Investment Opportunities page and fill out the Qualified Investor Application.
GK Project- Goliad and Karnes Counties, TX
The GK Project consists of two vertical wells located in Goliad County, Texas and Karnes County, Texas.
The first well, SW McCaskill #1, is a 9,900' prospect that targets the Eocene-aged Wilcox L Series gas reservoirs which have had several downdip producers. The Wilcox targets are structurally controlled traps formed by tilted fault blocks in a down to the coast growth fault section. The trap is formed as the sand rolls into a down-to-the-south growth fault. This prospect is located on trend with the southwest flank of the McCaskill Field. The McCaskill Field has produced 23 BCF and 392,000 BC from the L-1 and L-2 Wilcox reservoirs.
The second well, Albrecht- Beauchamp #1 is located on the southern flank of the prolific Albrecht Field which has produced from reservoirs from Miocene at a depth of 1600' down to Lower Wilcox sands at 12,000 feet. This prospect is well defined by a strong seismic amplitude anomaly at ,8900'. The reservoir is considered to be stratigraphicaly controlled. The anomaly sand correlates to a well known producer in the area that has been named the Wilbern Sand.
The Wolf Prospect is located in Matagorda County, Texas. This 11,000’ prospect targets the Frio age-Hardy Horn Sand which has produced prolifically on the West Lucky Field. The proposed well is an amplitude associated structural high trapped by two faults. South of the southeastern trending boundary fault the West Lucky cumulatively produced 30.13 BCF and 360,000 BO from the Hardy Horn Sand from several wells. A north-south bounding fault has more than 120’ of throw and is the sourcing fault for the West Lucky Field. A southwest-northeast trending fault which forms the southern boundary for the prospect has an 80’ throw and separates the prospect from the West Lucky Field.
The survey is in the C. Reese & A. Bowman Abstract 8 Matagorda County, Texas. The projected top of the objective Hardy Horn Sand is (-10,340’).
The 3P Drilling Project is located in Goliad County, Texas and consists of three vertical wells.
Both the Powell #2 and Powell #3 are 1,800' prospects that target two stacked Miocene seismic anomalies in an area that has other gas-productive shallow channel analogues. The Miocene anomalies have a similar geomorphology to the West Powell#1 which was drilled in Nov 2008 and tested 290 MCFPD. It is anticipated that these prospects will also be gas-filled. Both wells are located on the flank of the Hordes Creek Field that has produced from Miocene, Frio, Pettus, Yegua and Wilcox reservoirs. The prospects are based upon seismic amplitude studies of the area.
The Terra Pettus is a 2,150' prospect that targets a shallow Miocene seismic anomaly in an area that has other gas-productive shallow channel amplitude analogues. This Miocene anomaly has a similar channel geomorphology as the West Powell #1. It is anticipated that the Terra Pettus prospect will also be gas filled.
The Goliad Trio Prospect is located in Goliad County, Texas and consists of three vertical wells, one of which is the West Hordes Creek- Powell #1. This well has a target depth of 1,750' and targets a Miocene seismic anomaly in an area that has other gas productive Miocene-age channel analogues. This Miocene anomaly has a similar geomorphology to productive wells that produced from a sand filled channel. It is anticipated that this prospect will also be gas-filled. This prospect is located on the west flank of the Hordes Creek Field that has produced from Miocene, Frio, Pettus, Yegua, and Wilcox reservoirs. This prospect is based upon seismic amplitude studies of the area. A buried Miocene river system courses throughout the area and is manifested by strong seismic amplitude anomalies. In general, the depositional sand system trends north-south and continues several miles to the south. Along trend, it is gas productive when penetrated.
The Bird Mountain Project is located in Liberty and
Colorado Counties, Texas
.
The five shallow wells are located in
LibertyCounty
just East of Cleveland, Texas and range from 6,200’-9,500’. These prospects have been generated exclusively for Texas Energy Group by Jim Cole. Mr. Cole has worked
LibertyCounty
for 20 years and now has the advantage of 3D Seismic. By utilizing 3D in mature prolific fields we have been able to find un-tapped structures and hydrocarbons that have been left behind, prior to today’s technology. The sixth well (and the deepest at 15,000’) is located in
Colorado County, Texas
. The
Matterhorn
is in a proven area that Texas Energy Group has already had success in drilling. Again utilizing 3D Seismic we will be able to test a large Wilcox Structure with multiple pay zones and a PUD location at 9,700’. Texas Energy Group has successfully completed 11 of its’ last 14 wells and fully expect to continue this trend with the
BirdMountain.
The Cleveland Six Project is located in Liberty County, Texas. The six vertical wells are located in and around the East side of Cleveland, Texas just off of State Highway 59, some 40 miles North of Houston, Texas. Five of the six wells range in depth from 6,000' - 6,200' and one deeper well to 12,700'.
These prospects have been generated exclusively for Texas Energy Group by Jim Cole. Mr. Cole has worked Liberty County for 20 years and now has the advantage of 3D Seismic. By utilizing 3D in mature prolific fields we have been able to find untapped structures and hydrocarbons that have been left behind.
Texas Energy Group successfully completed 2 out of the first 3 anomalies we drilled in shallow wells in the Cleveland area in the last few months. Resaca Resources has successfully established a network of service companies in the area that will allow us to drill, test, complete and get the production to market in a timely manner.
The Bovine Project is located in the Southwest corner of Colorado County, Texas in the prolific Frio & Wilcox, Gulf Coast trend.
These eight projects vary in depth from 2,800' to 13,200' and will test horizons from the Miocene through the Frio and down to the Upper Wilcox in the B4 and McKinley. These prospects have been generated by Everest Resource Company on a newly reprocessed 3D Data shoot that was shot by Shell Oil Company in 1996 and covers 26 square miles.
Everest has developed a nitch in the exploration side of drilling by acquiring 3D data over mature oil and gas fields, then utilizing the state of the art VHF vector re-processing and then having the advantage of subsurface well control to identify drilling locations. Having the advantage of seeing mature fields and how they look on the existing 3D allows them to find undrilled structures that simply could not be identified with the older 2D data.
Everest has achieved an 80% success rate over the last two years with their drilling prospects.
Disclaimer: Information herein is not intended to be any form of solicitation. Information found on this page and throughout this entire website is neither an offer to buy or sell securities or other investments.
