
Current Opportunities
Take a look at our Active Projects and Opportunities. For More Details, Pricing, Geological Write-Ups and Information, Contact Our Team.


The “Bubba Bear” Prospect, Jeanerette Field (Jeanerette Salt Dome), St Mary Parish, Louisiana
Sold 50% W.I.
Available 50% W.I.
The proposed 2800’ well will recover oil reserves higher on structure above a 1954 vintage well completion in the center of prolific Jeanerette Field (Cum 45 MMBO + 450 BCF). That completion produced ~48 MBO from 30’ of oil on water within a 50’ clean sand. Inhouse 3D seismic data shot forty years later displays a prominent seismic amplitude anomaly updip to the depleted oil completion, and indicates 140,000 barrels of oil remaining undrained.
OBJECTIVE
2700’ Sand
TIMING
Q3/2023
ESTIMATED RATE
75 BOPD
PROJECT OPERATOR
Shelf Energy LLC
ADDITIONAL DETAILS
Well Depth - 2,800’ MD/TVD
Trap – Stratigraphic
Surface Terrain – Abandoned sugar cane field
Road access – Yes
SWD Well – Multiple options
Contact Us
Lavoi No. 1 Re-Drill Opportunity, South Bell City Field, Calcasieu Parish, Louisiana
Re-Drill of the Lavoi No. 1 Well that produced 359,000 Barrels of Oil and 326 Million Cubic Feet of Gas.
Lost Well in a Workover a couple months ago (holes in casing and stuck jet pump).
Well went off production producing+/- 65 to 75 BOPD and+/- 72 MCFGPD.
Main Objectives
Camerina 1 Sand (10,800 Foot Sand).Estimated Rates
100 BOPD; 108 MCFGPD.Timing
End of June, 2023.Reserves:
157,000 to 286,000 Barrels of Oil; 128 to 233 Million Cubic Feet of Gas.PROJECT OPERATOR:
Shelf Energy, LLCWorking Interest:
Sold 50%
Available 50%
AFE COST:
Drilling: $1,556,350
Completion: 920,000
Total AFE Costs: $2,476,350
Production Equipment, Gas-Tie In and Lavoi No. 1 available for SWD Conversion. Quick turn to Production.
DEAL TERMS:
Ground Floor Drilling;+/- 74% NRI Delivered; $300,000 (reimbursement for leases, equipment, etc.).
$18,563.50 (per 1% Working Interest; Dry Hole Cost)
$9,200.00 (per 1% Working Interest; Completion Cost)
$27,763.50 (per 1% Working Interest; Drill and Complete).