Drilling Prospects, Joint Ventures, Working Interests, Wells

Paluxy Sand ReDrill

Legal Description

West Tyler Field area.

Additional Description

This project was drilled in 2019, but missed the sand channel. Proposal is to re-drill using original surface casing and deviate the hole to the mapped channel. AFE will be approximately $500K dry hole cost. No up front land costs until completed. About $100K in surface and location costs savings. Paluxy sand has been a prolific producer in this part of East Texas for 50 plus years. 55% Working Interest available Operator will relinquish operations if desired. Email for package.

Details

Gross Acreage:
40
Net Mineral Acres:
40
Country:
United States of America
State:
Texas
Closest City/Town:
Tyler
Latitude:
Longitude:
Owner Name:
Walter Untersee
Phone:
903.360.1283

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