Acreage Positions
Texas Energy Holdings’ primary areas of interest are active fields with proven, verifiable well production histories; this targeted strategy enables us to choose investments based in part on statistics rather than complex geology alone. Investment decisions are supported by the data collected from many wells in the area. This model has been pivotal to Texas Energy Holdings’ ability to accurately break down the risk, cash flow, and total expected recovery.
Texas Energy Holdings holds prime acreage positions in some of the most active oil and gas fields in the Continental United States including the Barnett Shale, East Texas Field, Cotton Valley Field, and the Southeast Texas Kurten Field.
Barnett Shale | North Central Texas
The Barnett Shale is one of the most active natural gas fields in North America. Spanning 7 million acres across 16 counties in North Texas, the Barnett Shale produces approximately 2 billion cubic feet of gas per day with 170 rigs running full time. Over 6,000 wells are currently producing in the basin with estimated reserves between 35-40 trillion cubic feet of gas. Production is forecasted to be between 4 BCF/d and 6 BCF/d within the next 5 years. Texas Energy Holdings, Inc. has been active in the Barnett Shale field since our inception.
Cotton Valley | East Texas
With up to 110 drilling rigs running full time, the Cotton Valley field is well recognized as having one of the largest natural gas accumulations in the nation. Texas Energy Holdings currently manages positions in 160 locations on more than 4,000 acres of land in the Cotton Valley-producing counties of Panola County, Gregg County, and Rusk County. We expect to develop this acreage over the next four to six years.
East Texas Oil Field | East Texas
The East Texas oil field is the largest and most prolific oil reservoir in the contiguous United States. Since its discovery on October 5, 1930, some 30,340 wells have been drilled within its 140,000 acres to yield nearly 5.2 billion barrels of oil. Texas Energy Holdings currently manages investments in approximately 500 wells in the East Texas field.
Kurten Field | South East Texas
In mid-2006, Texas Energy began drilling operations in the oil-rich Kurten Field in South East Texas. As of June 2008, we have participated in the drilling of over 20 wells in the Kurten Field with approximately 15 additional wells slated for development in 2009.
Wichita County Regular Field | North Texas
Texas Energy Holdings, Inc. has recently expanded its leasing and field operations activities into the Wichita County Regular Field in Wichita County, Texas. Oil production in Wichita County Regular field is drawn from anticlinal traps in the Cisco sands of upper Pennsylvanian age at depths of 700 to 1,900 feet. Our wells are located in fields that have produced approximately 600 million barrels of oil since their discovery in the early 1900s.
K-M-A Field | North Texas
Originally discovered in 1919, the K-M-A Field is one of the more prolific oilfields developed in the North Texas area. It extends through southwestern Wichita County and northwestern Archer County. In addition to many shallow sands, many of the wells have multiple objectives or oil producing zones depending on the well location, including: multiple Permian Sands under 1,000 feet; the Megargel, Thomas Sand, Gunsight under 2,000 feet, the Canyon Sands, K-M-A Lime #1, K-M-A Sand #1, K-M-A Lime #2, K-M-A Sand #2, and K-M-A Sand #3 under 4,000 feet; and the Caddo Lime and Ellenberger dolomite formation under 5,000 feet.
