Light oil exploration due in Kern County

By OGJ editors
HOUSTON, July 12 -- Chevron USA Inc. and a group of Canadian companies plan to search an underexplored area of the San Joaquin basin in sprawling Kern County for 15-25° gravity oil.

The companies plan to shoot 33 sq miles of high-definition 3D seismic surveys starting in the third quarter in an area where little 2D seismic has been shot.

The search is for 3-5 million bbl of oil in fault-controlled structures each as small as 40 acres in the Tertiary section from Chanac through Vedder at 1,200-3,000 ft. Leasing continues.

Chevron will contribute 16,000 gross acres and California Oil & Gas Corp., Calgary, and three Canadian partners will put up 3,000 gross acres. After three wells are drilled on mutually agreed prospects, Chevron and the partners will each own 50% interest in the land and wells.

California Oil & Gas is operator for the seismic survey and drilling, and Chevron will operate producing wells and purchase the oil.

Related Articles

INDUSTRY BRIEFS

10/03/1994 ETHYL CORP. dedicated its $70 million Richmond, Va., petroleum additives research complex. The center also will support company development and te...

Elf gets worst of both worlds in two European takeover battles

07/05/1999 How Elf has recently got caught up in two takeover bids, and how goverments rather than markets are the key drivers behind both.

Ins and outs of Elf's counter-bid for TotalFina

07/26/1999 How Elf took industry by surprise with a counter-bid for TotalFina, but analysts failed to be impressed.

Shell slates $1 billion oil and gas field development in Niger Delta

10/29/1999 Shell lines up $1 billion shallow water field development offshore Nigeria, plus DOT conference hears of a spar platform design intended to reduce ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected