Houston oil company returns to Permian Basin
Houston oil company Birch Resources has filed its first batch of oil well drilling permits since March.
The company plans to drill 10 horizontal wells targeting the Spraberry field in Howard County in the Permian Basin at depths from 7,000 to 8,100 feet.
Birch is known for naming its oil leases after college mascots and this batch of projects is no different.
Half of the wells will be developed on the company’s Sebastian The Ibis lease, named for the University of Miami mascot.
The other half will be drilled on the Vic The Demon lease, named for the horned mascot of Northwestern State University in Louisiana.
Permian Basin
Midland oil company Discovery Operating filed its first drilling permits since June. The company plans to drill four horizontal wells on its Great Divide lease in Midland County. The wells target the Spraberry field at depths of 8,800 to 10,000 feet.
Eagle Ford Shale
British oil major BP filed its first batch of new permits since April in the Eagle Ford Shale of South Texas. The company plans to drill five horizontal wells on five leases in DeWitt County that target the Eagleville field of the Eagle Ford geological formation at depth of 14,000 feet.
Top 10 Texas drillers (Aug. 12-18) Birch Resources 10 Pioneer Natural Resources 9 WPX Energy 9 BP5 Concho Resources 5 High Roller Wells 5 Aethon Energy 4 Discovery Operating 4 EOG Resources 4 Kinder Morgan 4 Source: Railroad Commission of Texas
Haynesville Shale
Dallas oil company Aethon Energy plans to drill four natural gas wells split between San Augustine and Shelby counties. The horizontal wells target the Carthage field of the Haynesville formation at depths of 12,400 to 14,000 feet.
Barnett Shale
There were no horizontal drilling permits filed in the Barnett Shale, but Abilene oil Bluff Creek Petroleum plans to drill a vertical well in Shackelford County. The well targets four fields to a vertical depth of 1,999 feet.
Conventionals
College Station oil company Viceroy Petroleum plans to drill a pair of oil wells at the edge of a salt dome about 20 miles southwest of downtown Houston near the Fort Bend Parkway Tollway and McHard Road.