Chipola Richland Project

Project Details

• Location: St. Helena & East Feliciana Parishes, Louisiana
• Wellbores: 5 total (3 currently producing)
• Production: ~30–60 BOPD (combined)
• Acreage: ~3,000 net acres (HBP)
• Facilities: Field equipment in place; one wellbore convertible to SWD as needed

• Interests: 100% WI / 75% NRI

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Site Footage

Project Specification

Operated legacy field with existing infrastructure and incremental optimization/step-out potential prioritized via seismic control and SRM-MBS pre-drill focusing

Trend: Tuscaloosa Marine Shale (TMS) Seismic: Proprietary 2-D / 3-D interpretation De-risking: SRM-MBS pre-drill focusing & JetCav Technology application. Infrastructure: On-lease facilities; SWD conversion optional

Current status: Producing (3 wells) Near-term plan: Production optimization & selective recompletions Medium-term: Seismic-guided step-outs / behind-pipe targets & 5 or more offset locations to drill. Cumulative: >385,000 BO produced historically (field total)

Project Description

The Chipola/Richland Field package is an operated, HBP legacy asset in St. Helena and East Feliciana Parishes with 5 existing wellbores and 3 wells currently on production (~30–60 BOPD combined). Approximately 3,000 net acres and on-lease facilities are included. The field sits in the Tuscaloosa Marine Shale (TMS) Trend and benefits from proprietary 2-D seismic interpretation and SRM-MBS pre-drill focusing to prioritize behind-pipe, recompletion, and step-out opportunities while reducing dry-hole risk & applying JetCav Technology. One existing wellbore can be converted to SWD as field activity scales.