Project Profile
Value: Undisclosed
Depth: About 8,800ft
Location: Rockingham area, Leighton field, Eagle Ford
Start-up Year: June 2012
Texon has 10 producing Olmos wells in the Leighton field and one additional Olmos well in production in the Rockingham area.
The Olmos reservoir overlies Texon’s Eagle Ford reservoir in McMullen County at a depth of about 8,800ft. The Olmos is an oil and gas rich formation, where the gas has a high heating value and a high natural gas liquids content attracting premium pricing.
The 11th Leighton Olmos production well is currently drilling.
There remain 24 potential locations to drill in the Leighton/Sutton area.
Operator:
Texon Petroleum Limited: Operator with 100% interest (sold stake as of 8.3.2012 to an unnamed company).