Project Profile
Location: Assumption Parish, Louisiana, USA
Reserves: 140,000 barrels of oil
Production: 400-800 bpd
Area: 140 acres
The Desiree prospect covers an area of 140 acres in Assumption Parish, Louisiana. According to estimations the project offers long life reserves, with IP’s of 400-800 bbls per day. This is a proven productive fault block with a strong water drive in the primary objectives. The prospect has a significant oil column and long life production potential and was generated from 3D seismic and subsurface support for up-dip attic structure. The prospect includes the Hensarling wells which are currently being drilled by the operator, Grand Gulf Energy.
Operators:
Grand Gulf Energy: Operator with 35.60% interest
Golden Gate Petroleum: 3.99% interest
Other small investors: 60.41%