%20(1).png)
We specialize in oil exploration and development in the Powder River Basin of Wyoming, home to the world-class Minnelusa reservoir. With low-cost development, high reserves, and rapid payouts, our projects offer exceptional investment opportunities with outstanding returns.
A Minnelusa well producing 1,000,000 or more Barrels is not uncommon. Every reservoir we develop is fully surveyed using advanced 3D seismic imaging, maximizing efficiency and success rates. The Minnelusa formation is unique to the Powder River Basin, producing some of the most prolific oil wells in the world. Here's why we focus on this extraordinary region:
Typical operating costs include expenses for pumping, water disposal, routine maintenance, electricity or natural gas for equipment, and regulatory compliance. Depending on the region and well specifics, these monthly costs can range from a few thousand to tens of thousands of dollars per well. Many operators plan for periodic downtime to manage expenses effectively during lower commodity-price periods.
Each well takes about 8 days to drill and approximately 30 days to bring into production. From start to finish, the total process is typically around 30–40 days.
Yes. Many oil and gas investments allow a substantial portion of the drilling and completion expenses (often up to 70% in the first year) to be written off as intangible drilling costs. Additional tax advantages include depreciation, depletion allowances, and potential qualification for tax-deferred exchanges (like a 1031 exchange in the U.S.). These benefits can significantly enhance the net return for investors.
Most operators conduct extensive geological and geophysical studies before selecting a drilling site. This can include seismic surveys, geological mapping, and analysis of existing well logs in the surrounding area. By combining these data, operators identify areas with higher potential for commercial oil or gas production.
Vertical wells are drilled straight down into the earth until they reach the target formation. Horizontal wells, on the other hand, begin vertically but then curve and extend laterally (horizontally) through the reservoir. Horizontal drilling allows for greater contact with the producing formation, potentially increasing oil and gas recovery rates.
