West Side Proyect, Holdings Petroleum
West Speaks Field – 2 well Re-Drill
History
Shallow production of oil was driving the exploration of the West Speaks Field in the early oil boom years. Many wells were drilled in the 1960’s and early 1970’s with oil production as the main objective, not gas. The wells were drilled and logged, showing that the intervals of our present day interest were “hydrocarbon bearing”, but the technology was not there to get it out of the ground. Adding to this problem was typically a lack of gas pipelines to take this gas production to market and the prices that were being paid for this production was far less than $.30 per Thousand Cubic Feet of Gas (MCFG). These factors killed the effort towards gas production and the exploration effort was usually short-lived. Due to increases in gas pricing over the last few years, many independent oil and gas companies have re-focused their efforts in these types of areas that were drilled during earlier times in search of oil reserves.
The West Speaks Field has been commercially productive from shallow Yegua, Frio and Miocene are oil bearing sands and the Upper Wilcox gas bearing sections, but no real commercial production existed with the deeper Middle and Lower Wilcox series until recently. This area of prolific Wilcox production has seen substantial development in the last few years with “Roeder” (Middle Wilcox) and “Migura” (Lower Wilcox) discoveries. These sections of the Middle to Lower Wilcox intervals have generated substantial commercial gas production from the field after new fracture stimulation technology was implemented during the completion operations. Larger independent companies such as El Paso Natural Gas and Dominion Exploration and Production are actively developing the Roeder & Migura Wilcox sections in the area with some new wells generating gas flows in excess of 5 Million Cubic Feet of Gas per Day.
We have identified many plugged well bores in the West Speaks Field that were drilled during the 1960’s and early 1970’s that were logged showing gas pay. Core samples were taken and determined to yield considerable hydrocarbons. Several of these wells had casing installed and were cemented. While a handful of wells were tested in the Roeder Wilcox series, they flowed a nominal amount of gas at a non-commercial rate. Many of the wells were deemed as dry holes and some of the wells were re-completed in the shallower zones. The idea of “re-entering” a plugged well bore is not new, however recent prices of oil and natural gas has brought old thinking back into the light. The wells of this program will be re-entered, in some instances deepened, and then the zones of our interest will be fracture stimulated with modern technology. This type of project is typically less expensive than drilling a new well and the geologics are heavily in favor as the site has been logged.
Henderson – Muniza #1 Re Entry Well Read more »
West Side Proyect, Holdings Petroleum
West Speaks Field – 2 well Re-Drill
History
Shallow production of oil was driving the exploration of the West Speaks Field in the early oil boom years. Many wells were drilled in the 1960’s and early 1970’s with oil production as the main objective, not gas. The wells were drilled and logged, showing that the intervals of our present day interest were “hydrocarbon bearing”, but the technology was not there to get it out of the ground. Adding to this problem was typically a lack of gas pipelines to take this gas production to market and the prices that were being paid for this production was far less than $.30 per Thousand Cubic Feet of Gas (MCFG). These factors killed the effort towards gas production and the exploration effort was usually short-lived. Due to increases in gas pricing over the last few years, many independent oil and gas companies have re-focused their efforts in these types of areas that were drilled during earlier times in search of oil reserves.
The West Speaks Field has been commercially productive from shallow Yegua, Frio and Miocene are oil bearing sands and the Upper Wilcox gas bearing sections, but no real commercial production existed with the deeper Middle and Lower Wilcox series until recently. This area of prolific Wilcox production has seen substantial development in the last few years with “Roeder” (Middle Wilcox) and “Migura” (Lower Wilcox) discoveries. These sections of the Middle to Lower Wilcox intervals have generated substantial commercial gas production from the field after new fracture stimulation technology was implemented during the completion operations. Larger independent companies such as El Paso Natural Gas and Dominion Exploration and Production are actively developing the Roeder & Migura Wilcox sections in the area with some new wells generating gas flows in excess of 5 Million Cubic Feet of Gas per Day.
We have identified many plugged well bores in the West Speaks Field that were drilled during the 1960’s and early 1970’s that were logged showing gas pay. Core samples were taken and determined to yield considerable hydrocarbons. Several of these wells had casing installed and were cemented. While a handful of wells were tested in the Roeder Wilcox series, they flowed a nominal amount of gas at a non-commercial rate. Many of the wells were deemed as dry holes and some of the wells were re-completed in the shallower zones. The idea of “re-entering” a plugged well bore is not new, however recent prices of oil and natural gas has brought old thinking back into the light. The wells of this program will be re-entered, in some instances deepened, and then the zones of our interest will be fracture stimulated with modern technology. This type of project is typically less expensive than drilling a new well and the geologics are heavily in favor as the site has been logged.
Henderson – Muniza #1 Re Entry Well Read more »
Recent Outlook Industry of Petroleum
Energy Information Administration
Official Energy Statistics from the U.S. Government
Trends in energy supply and demand are affected by many factors that are difficult to predict, such as energy prices, U.S. economic growth, advances in technologies, changes in weather patterns, and future public policy decisions. It is clear, however, that energy markets are changing gradually in response to such readily observable factors as the higher energy prices that have been experienced since 2000, the greater influence of developing countries on worldwide energy requirements, recently enacted legislation and regulations in the United States, and changing public perceptions of issues related to the use of alternative fuels, emissions of air pollutants and greenhouse gases, and the acceptability of various energy technologies, among others The Energy Information Administration projects increased consumption of biofuels (both ethanol and biodiesel), growth in coal-to-liquids (CTL) capacity and production, growing demand for unconventional transportation technologies (such as flex-fuel, hybrid, and diesel vehicles), growth in nuclear power capacity and generation, and accelerated improvements in energy efficiency throughout the economy.
Despite the rapid growth projected for biofuels and other nonhydroelectric renewable energy sources and the expectation that orders will be placed for new nuclear power plants for the first time in more than 25 years, oil, coal, and natural gas still are projected to provide roughly the same 86-percent share of the total U.S. primary energy supply in 2030 that they did in 2005 (assuming no changes in existing laws and regulations). The expected rapid growth in the use of biofuels and other nonhydropower renewable energy sources begins from a very low current share oftotal energy use; hydroelectric power production, which accounts for the bulk of current renewable electricity supply, is nearly stagnant; and the share of total electricity supplied from nuclear power falls despite the projected new plant builds, which more than offset retirements, because the overall market for electricity continues to expand rapidly in the projection.
