Tri-Valley Oil & Gas Co. (TVOG) said Thursday that it has begun farming out working interest units in its Oil Creek play near Coalinga, CA. TVOG said it has mapped a potential of six separate pay zones to 12,500 feet in the exploratory wildcat prospect, which is north along the trend of the giant Kettleman North Dome Field. The company speculates an unproved potential of up to 125 million barrels of oil and up to 375 Bcf of natural gas from the multiple targets. Project costs are estimated in the range of $3.5 million, including drilling and completing the initial test well.
Farming
Articles from Farming
PanCanadian Launches Web-Based Property Leasing Program
PanCanadian Petroleum Ltd.’s newest venture, a web page withinits Internet site dedicated to leasing and farming out some of itsundeveloped oil and natural gas rights in Western Canada, waslaunched last week with its first Call for Bids centered on fourblocks on land that cover 69,000 acres in Alberta.
July 10, 2000
PanCanadian Mineral Rights Bid Call on Web
PanCanadian Petroleum Ltd.’s newest venture, a web page withinits Internet site dedicated to leasing and farming out some of itsundeveloped oil and natural gas rights in Western Canada, launchedthis week with its first Call for Bids centered on four blocks onland that cover 69,000 acres in Alberta.
July 6, 2000
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