Mitsui E&P USA LLC, a wholly owned subsidiary of Mitsui & Co. Ltd., completed acquisition of about 92% working interest in an unconventional gas asset in south Texas from operator Silver Hill Eagle Ford E&P LLC, a subsidiary of Silver Hill Energy Partners LP.
This asset, part of the 8,500-acre Hawkville field, has access to the Gulf Coast industrial area, which includes LNG export terminals and ammonia plants. With further development, gas production from this asset is expected to produce over 200 MMscfd, according to Mitsui.
Mitsui E&P will be operator of the asset.
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).