Project Profile
Location: Beauregard Parish, state of Louisiana, USA
Production: 400,000 barrels oil and 250,000 mcf gas
Reserves: Oil reserves of 8 million+ barrels and gas reserves of 5 BCF gas
Area: 1,200 acres
The Ashland Project is an oil and gas project located in Beauregard Parish, state of Louisiana in USA. The project is owned and operated by Bering Exploration and covers an area of 1,200 acres. It has estimated oil reserves of 8 million+ barrels and gas reserves of 5 BCF gas. Twenty wells are expected to be drilled. Expected oil production per well is estimated at 400,000 barrels oil, while expected gas production per well at around 250,000 mcf gas. Moreover the completed costs per well is calculated at US$900,000.
Operators:
Bering Exploration: Operator with 100% interest