Texas-based oil exploration and Production Company, Breitling Oil and Gas has announced that it has increased its acreage position on the Gulf Coast shore as part of the “Gulf Coast Onshore Initiative” which was started during May 2010.
The company expects the drilling at the Breitling-Brown Billy #1 Prospect to increase to 4,900 ft for testing the Petus and Yegua oil and gas sands.
3D seismic data collected from the company drilling in 2011 has been integrated and interpreted to define the location of the target which is also defined by the subsurface well control. The company expects the drilling depth to be achieved within six days. The completion of the well and testing is likely to begin in the last week of June 2012.
According to the CEO of Breitling Oil and Gas, Chris Faulkner, this is one of the most reliable traps on the trend. He also added that the company has been up thrown to the Petus and Yegua structure by a large and arced fault which is up to the coast.
Breitling Oil and Gas was established during the year 2004. The company focuses its drilling operations mainly in the areas of Louisiana, Oklahoma and Texas and also offers investment opportunities through direct participation in oil and gas joint ventures.
Source: http://www.breitlingoilandgas.com
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