FWB Shallow Stacked Tight Gas/Cond Play
FWB Shallow Stacked Tight Gas/Condensate Play
50,000 acres mapped Proven HC development area
Mature PDP buyouts and open acreage positions to grow footprint
Initial takeout target:
PDP across 1,800 contiguous acres with 40 wells making 1,200 mcfed net
Surface and downhole optimization, Refrac and Artificial lift potential
Shallow Upside:
Long life, shallow decline production potential
New stimulation technology – historical stims proven to be damaging
New completions 100-200 ft of stim interval, with Stack & Frac potential (historical completions averaged 26 ft of perfd interval)
High BTU gas with 100 b/mm NGL’s
Vertical Recompletions: 2x new vertical over historical vertical EURs
0.63 BCF/well, 404% ROR, 0.9 year payout
Vertical New Drill: 5x new vertical over historical vertical EURs
1.6 BCF/well, 76% ROR, 2.2 year payout
Horizontal New Drill: 10x H/V over historical
3.0 BCF/well, 25% ROR, 3.2 year payout,
Multiple levels of entry from $5 - $100+ MM
Seeking Investor(s) to partner with proven team
No broker fees paid.
Financials (USD)
Asking Price Not Disclosed
Additional Details
Onshore / Offshore Onshore
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