By OGJ editors
HOUSTON, Dec. 13 – Team Resources Inc., private Ventura, Calif., operator, has moved a rig on the first of eight planned wells on a 4,200-acre development in Cowley County, Kan.
The company has drilled 14 wells the past 2 years on 30,000 acres of leases proved but not developed by Texaco Inc. and Conoco Inc. in the 1950s.
Team Resources has a 5-year plan to drill as many as 100 wells. The company owns and operates more than 300 miles of gas pipelines in the area to take the gas produced with the crude oil.