Davis Petroleum Current Projects
Davis Petroleum Corp. continues to be among the most aggressive and successful independent exploration companies in the industry today and will continue to build on its reputation and expand its efforts within core areas of expertise to find significant new petroleum reserves. Davis will continue to follow its core business model of exploring for major hydrocarbon accumulations and operating in areas it has the most geologic knowledge using the best geologic, engineering and land professionals in the business.
In Texas, Davis will continue exploring in its core areas of the South Eastern Texas Gulf Coast, including Galveston Bay, with many exploration prospects identified and ready to drill. Further, Davis is expanding its efforts into South Texas with the addition of a new geologic team and 3-D seismic data to generate prospects along this trend. Davis is acquiring additional 3-D data and new reprocessing of existing data to add to its extensive database to afford increased prospect generation.
In Southwestern Louisiana Davis continues to pursue high impact drilling prospects in this prolific trend with its veteran exploration team. This region alone has produced over 22 TCF and 550 million barrels and accounts for a significant portion of Louisiana’s share of the Nation’s gas supply and promises to yield significant new stores of oil and natural gas.
Davis has made resurgence into the prolific natural gas trends of the Green River, Powder River, Wind River and Big Horn basins in Wyoming and the Paradox Basin in SW Colorado where it will undertake an aggressive exploration and exploitation campaign to discover and develop significant new natural gas reserves. In its history, Davis has operated over 3,100 wells in these regions and has strong expertise and a proven track record in finding significant hydrocarbon reserves. This region is poised to become one of the most important in the Nation’s energy future with huge natural gas reserves yet to be tapped. Davis has a full exploration staff on hand that has developed a 15 well program of primarily natural gas exploratory wells available for participation. As mentioned, Davis has found success in this region.
Proven Exploration Record, Exciting Future Opportunies:
Rocky Mountain Division Primary Prospects: