An area of mutual interest encompassing 1,100 sq miles of the Delaware basin will be imaged this year by the Coyanosa Survey, a joint venture of FairfieldNodal and Schlumberger Ltd. The project’s first phase will cover 306 sq miles of 3D seismic in Ward, Reeves, and Pecos counties in Texas. The survey will identify, “multiple reservoirs and drilling hazards that exist in the area,” said Maurice Nessim, president, WesternGeco, Schlumberger.
Permitting is under way and is being conducted by International Technologies Management. Field operations are beginning shortly, but no specific date was mentioned. According to the combine’s announcement, FarfieldNodal will design field-acquisition parameters with WesternGeco providing processing. Dawson Geophysical will handle field acquisition and TRNCO Petroleum will manage the project. The resulting 3D data will tie into existing FairfieldNodal and WesternGeco surveys to provide contiguous data coverage in the southern Delaware basin.
In a $615 million cash deal last December, Callon Petroleum Operating Co., a wholly owned subsidiary of Callon Petroleum Co., Natchez, Miss., agreed to acquire 27,552 gross (16,098 net) surface acres in Ward, Pecos, and Reeves counties in Texas from Austin-based American Resource Development LLC, American Resource Development Upstream LLC, and American Resource Development Midstream LLC (OGJ Online, Dec. 14, 2016).
Prior to the purchase, October 2016 net production from the acreage averaged 1,945 boe/d, of which 71% was oil, including production from 20 gross operated horizontal wells producing from the Wolfcamp and Bone Spring formations.
Contact Tayvis Dunnahoe at [email protected].
