Global Oil & Gas Recovery Corp. (GlobalOG) has signed a Letter of Intent (LOI) with TEXXSTAR INC., to acquire the Shiloh Oil & Gas Leasehold in SE Kansas.
The Shiloh leasehold straddles 4 counties in Southeast Kansas Allen County, Woodson County, Wilson County, and Neosho County. The 4 counties where the leasehold is located realized production of 719,217 barrels of oil and 7,299,945 MCF of natural gas in 2022
Estimated oil reserves are 926,500 BBL
PEnG has developed the Mobile Refining Unit (MRU), which is a new green technology that captures leaking Methane gas and converts it in to usable fuel. This technology addresses the leaking abandon wells (Zombie Wells) issue currently a major problem around the world. This technology is currently in development and could be ready for production in 2024. GOGR is working together with PENG to fund the development and production of the MRU.
When companies flare, they do more than burn natural gas. They burn money. Every year, U.S. oil and gas companies set fire to billions of cubic feet of natural gas and directly vent an additional unknown amount. These processes, known as flaring and venting, don’t just waste resources; they also pollute the atmosphere with hazardous, global-warming gases, such as methane.
Global Oil & Gas Recovery Corp. has over 50 years in combined experience in the oil and gas industry.
We offer a revolutionary technology; a gas flaring solution in the Mobile Refining Unit (MRU). Converting wasted natural gas into a useable fuel.
Our team of experts has extensive knowledge and experience in the oil and gas industry. We are committed to providing our customers with the best possible service and solutions.
Copyright © 2024 Global Oil & Gas Recovery Corp. - All Rights Reserved.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.