On July 23, 2024 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.
On July 23, 2024 Global Oil & Gas Recovery Corp., signed a Letter of Intent (LOI) with TEXXSTAR INC., to acquire the Shiloh Oil & Gas Leasehold in SE Kansas.
This project was last put together by Admiral Bay Resources in 2007 and produced over 3.8 BCF of gas for Exodus Gas & Oil LLC.
GlobalOG will begin the process of doing a workover on 90 wells with the objective to reactivate the wells in stages, targeting initially a production volume of 500 MCFG/D and then ramping up to 1,000 MCFG/D.
Shiloh Gas Project Highlights
5,000 acres HBP
30 miles of shut in gas system
Producing 500 MCFG/D when shut in
108 well bores
Well depth 900'
Potential to drill 150 more gas wells
50# gas gathering lines
4.5 inch casing
$100,000 in usable equipment
Gathering systems for both gas and water
Estimated oil reserves are 926,500 BBL.
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.
Allen County has had a long history of oil and gas production. The County reached 209,967 barrels of oil and 174,264 MCF of gas for all of 2022.
Woodson County has had a long history of oil and gas production. Most recently, in 2022, oil & gas operators collectively produced 402,105 barrels of oil and 783 MCF of natural gas (783,000 cubic feet of gas).
Wilson County has had a long history of oil and gas production. Most recently, in 2022, oil & gas operators collectively produced 89,016 barrels of oil and 3,302,526 MCF of natural gas (3,302,526,000 cubic feet of gas).
Neosho County, also has had a long history of oil and gas production. In 2022, oil & gas operators collectively produced 18,129 barrels of oil and 3,822,372 MCF of natural gas 3,822,372,000 cubic feet of gas).
KGS.KU.EDU is the website address for the Kansas Geological Survey at the University of Kansas. Following is a schematic from the KGS illustrating the oil and gas fields across the State of Kansas. The Brown bands are both oil & gas combined, and much of that is largely in Southeast Kansas where the Texas Star leases are located; in Allen County, Woodson County, Wilson County, and Neosho County.
GOELOGY
This project lies in the Cherokee Basin just to the south of the Bourbon Arch, which borders Kansas and Oklahoma. Available data and mapping indicate the basement structural features in the area of the state are located on the top of Arbuckle in southeast Kansas, as well as the top of the Mississippian Formation. Major structural features show that the Bartlesville Sandstone, Squirrel Sandstone and Mississippian are productive formations.
This area is called the "Coalbed Methane" formation, which can be seen from the perforations on the cross section of the Sandstones, Bartlesville and Squirrel area of the reservoirs. Also, the Mississippian is usually a limestone formation, which has the potential for oil and gas and in certain areas helium.
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