By OGJ editors
HOUSTON, Dec. 10 -- Pioneer Oil & Gas, South Jordan, Utah, responding to a May 2004 discovery by another operator, has acquired a 50% interest in more than 60,000 acres along the hingeline portion of the Rocky Mountain Overthrust Belt in central Utah.
Wolverine Gas & Oil Co., private Grand Rapids, Mich., operator, is reportedly producing several thousand barrels per day of light oil from two wells in 17-23s-1w, Sevier County. The reservoir is identified as the Lower Jurassic Navajo sandstone below 8,000 ft. Wolverine has declined to release information.
The discovery, which would be the first sustained hydrocarbon production from the hingeline, is 150 miles south of Pineview oil field in Summit County, Utah, nearest field on the Overthrust Belt.
Pioneer, which said Wolverine is drilling a third well, has obtained interests in more than 10 prospects that appear to have oil potential.
The hingeline is only lightly explored (OGJ, Nov. 24, 1980, p. 188).