Barron Petroleum, Graham, Tex., made a Permian basin field discovery in Val Verde County, Tex., estimated to hold 417 bcf, or 74.2 million bbl in oil and gas reserves, according to a company statement Aug. 20. The privately owned company has been working with geoscientist William J. Purves on the project since 2018.
The Sahota Carson 20BU #1 was drilled with a company rig to 12,650 ft TD. About 70 ft of gas-bearing Strawn porosity was encountered. The discovery lies 6 miles southwest of Massie (Strawn) field that has produced over 157 bcf.
Following stimulation, the well tested at rates up to 5 million cu ft/d of gas.
Barron presently holds development rights to over 13,000 acres over the prospect, which was developed with the use of a 3D seismic survey. The company has identified 67 high-graded Strawn formation locations and is refining future location placement based on results of the first well. The company is also contemplating testing and potential development in the Canyon formation at a depth of 9,000 ft and Ellenburger at about 16,000 ft.
The discovery is near existing infrastructure, the company said, and the next step, according to Manjit (Roger) Sahota, president and chief executive officer, is “evaluating means to further enhance location selection and well performance.” The company intends to continue its drilling program and “figure out how to develop the lease or get someone to join the venture,” he said.
Barron Petroleum holds 100% working interest in the prospect.
