Rio Grande Exploration & Production plans to drill for natural gas in the western end of the Eagle Ford Shale near the U.S./Mexico border.
The privately held Houston company filed for a pair of permits for two horizontal wells on the company’s Nido Ranch lease in Webb County about 20 miles east of the Laredo-Colombia Solidarity International Bridge.
The wells target the natural gas-rich Hawkville field of the Eagle Ford geological formation down to a total depth of 14,000 feet.
Founded in June 2017 by former Laredo Energy CEO Glenn Hart, Rio Grande focuses solely on natural gas in the Eagle Ford Shale. The company’s first wells were placed into production in December 2019.
Rio Grande’s Nido Ranch lease has produced nearly 1.4 billion cubic feet of natural gas through May of this year.
Drilling Down: French oil major Total has big plans in Barnett Shale
Permian Basin
Denver oil company Ovintiv plans to drill six new horizontal wells in Howard County. The oil wells target the Spraberry field down to a total depth of 10,000 feet.
Top 10 Texas Drillers (Aug. 5-11)
SM Energy 7
EOG Resources 7
WPX Energy 6
ConocoPhillips 6
Ovintiv 6
High Roller Wells 6
Pioneer Natural Resources 5
Endeavor Energy Resources 5
ExxonMobil 5
Blackbeard Operating 4
Source: Railroad Commission of Texas
Eagle Ford Shale
British petrochemical company Ineos plans to drill for oil in Fayette County. A new horizontal well planned on its Egan-AC-1 lease targets the Giddings field of the Austin Chalk formation down to a total depth of 11,800 feet.
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Haynesville Shale
Aethon Energy of Dallas plans to drill a natural gas well on the company’s Byrd-Cousteau lease in San Augustine County. The horizontal well targets the Carthage field of the Haynesville formation down to a total depth of 14,000 feet.
Barnett Shale
French oil major Total plans to drill three horizontal wells within Fort Worth city limits. Located on the northeast corner of Trinity Boulevard and Loop 820, the gas wells target the Newark East field of the Barnett Shale formation down to a total depth of 9,000 feet.
More: Read the latest oil and gas news from HoustonChronicle.com
Conventionals
Center-based conglomerate High Roller Wells plans to drill six injection wells that will be used as saltwater disposal wells in the Permian Basin’s Winkler County. The vertical wells target the Ellenburger formation down to a vertical depth of 11,500 feet.
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Drilling Down: Houston company goes after natural gas near US-Mexico border - Houston Chronicle
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