Red Rock Exploration - CBM
SOLD – 2006
Acreage: 110,000
Reservoir: Penn Coals/Shales
Well Depth: 2,000 ft
WI: 100%
Wells: 68
Production: 1,200 MCFD
Red Rock Exploration, LLC
Operated Property
- Strategy
- Applied Technology / Discipline Execution: Prove economic development through reservoir characterization, completion techniques, cost optimization.
- Actions
- Detailed reservoir characterization, 65 wells drilled, midstream infrastructure installed.
- Results
- Proved economics of multi-seam coal/shale development
- Proved significant PDNP opportunities
- Harnessed 3rd party gas transportation revenues