Operations - Permian Basin

 
 

Acreage38,000 gross acres

MHR Interest10%

Description:

 Primary:  Canyon Sand (7,500 – 8,100’)

 Secondary:  Ellenberger  (8,200 – 8,800’)

Location:  Crockett County, TX

Future Wells~ 150 new locations

Success Rate96% success rate

Gross Prod~ 23,200 MMcfe/d 

Net Prod:  ~  1,740 MMcfe/d

200859 wells drilled

200926 wells drilled

2.2 MMboe total proved reserves

Operator – Approach Resources

Gross reserves of 0.5 to 2.0 Bcfe / well

Low finding costs

Multi-year drilling program - currently running two rigs

   

 

 
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