Utah has a rich history in the oil and gas industry. We focus on specific areas within the state where we have the highest levels of expertise, allowing us to leverage our knowledge and create maximum value for mineral owners. Over the past five years, mineral owners have seen significant growth in leasing and drilling activities. This surge is driven by advances in drilling and completion technologies, as well as substantial capital investments. One key takeaway from the past decade is that not all mineral acreage is equal. Commodity prices can fluctuate dramatically, and the quality of operators varies. We believe it is crucial to empower mineral owners with concise, relevant information to help them evaluate the true value of their minerals.
The Uinta Basin is a unique oil and gas system, comprising 4,000 feet of multiple stacked intervals of oil-saturated reservoirs. In the past five years, much of the drilling activity has centered on the Uteland Butte Oil Play. Deposited during the Paleozoic and Eocene ages, the Uteland Butte Oil Play spans 1,500 square miles, making it considerably smaller than other well-known unconventional resource plays.Current well results from the over-pressured Uteland Butte and Castle Peak intervals have been promising. However, unlike other resource plays that produce light, sweet oil, the productive formations in the Uinta Basin yield paraffin-rich (waxy) crude. This waxy crude adds operational challenges, as it requires heating to facilitate transportation to market, which inherently increases operational costs.
The Lower Green River Formation, deposited during the Eocene-Paleocene period, ranges in thickness from 2,000 to 8,000 feet. It consists of thick, regionally extensive stratigraphic sequences formed in both marginal and open lacustrine environments. The depth to the top of the formation ranges from 2,315 to 7,456 feet, with most wells producing from zones between 3,000 and 4,000 feet below the surface.
The majority of the producing zones are channel sandstones, typically 10 to 30 feet thick, although some reservoirs are sourced from carbonate grainstones that range from 10 to 20 feet thick. The Green River Formation plays a significant role in production from the Uteland Butte Oil Play. It is comprised of organic-rich shale, interbedded with multiple intervals of highly porous dolomite and sandstone, which are laterally continuous.
These continuous intervals create a unique stacked horizontal opportunity with the potential for substantial production.
Deposited during the Eocene-Paleocene period, the Wasatch Formation can reach thicknesses of up to 3,000 feet. It consists of thick, regionally extensive stratigraphic sequences primarily formed in alluvial-fluvial environments surrounding ancestral lakes. The depth to the top of the formation ranges from 3,147 to 10,754 feet.
Most production from the Wasatch Formation comes from lenticular fluvial-alluvial channel and alluvial overbank sandstone deposits. These productive sandstones are typically isolated and encased in siltstones, mudstones, and shales. The formation contributes significantly to well performance due to its variegated organic shale and interbedded sandstone, which provide good porosity and brittle rock properties—ideal for horizontal drilling and completion.
We traditionally pay a lump sum of cash within 10 business days after you sign the purchase and sale agreement.
Fill out our simple REQUEST AN OFFER Form or call 713-777-6400. The Form will allow you to upload important documents that you can have digitally or you can take a picture and upload the image.
After we receive the information regarding your minerals, we will quickly begin to evaluate the value of your minerals. Our experts take great pride and joy in helping you realize the value of your minerals through our scientific and transparent process.
After we have generated a fair and transparent offer, we will send you the offer in the form of a Purchase and Sale Agreement (PSA). You will only need to agree to the offer amount and send back the agreement through our secure portal. Generally, we close within 10 days from the time you sign the PSA.
After you sign the PSA, we will confirm your ownership of your minerals by running title. Running Title does not effect you or cost you anything. After we confirm your Title, we will send you a Lump Sum of Cash.
We aim to empower you with the best information and knowledge, helping you make informed decisions to capture the highest value for your minerals.
Utah has a fascinating history in the Oil & Gas Industry. We concentrate on specific areas in Utah that we have the highest levels of expertise in so that we can maximize our knowledge to best create value for minerals owners. Within the last 5 years, mineral owners have seen a tremendous growth in leasing and drilling activities. This newfound activity is a direct result of efficient drilling and completion technologies in conjunction with incredible capital budgets. One thing that has become clear in the past 10 years is that not all mineral acreage is the same, commodity prices can swing dramatically, and certain operators are better than others. We believe that empowering mineral owners with concise and relevant information to help evaluate the value of their minerals is of the upmost importance.
The Lower Green River Formation was deposited during the Eocene-Paleocene period and ranges from 2,000 ft. to 8,000 ft. in thickness. The Green River Formation was deposited as thick, regionally extensive stratigraphic sequences in marginal and open lacustrine environments. Depths to the top of the formation range from 2,315 to 7,456 feet, and most wells produce from zones 3- 4,000 feet below the top of the formation. The majority of the producing zones are channel sandstones about 10 to 30 feet thick, but some reservoirs produce from carbonate grainstones 10 to 20 feet in thickness. The Green River contributes to the majority of the production in the Uteland Butte Oil Play. Comprised of organic-rich shale, the Green River is inter-bedded with multiple intervals of highly porous dolomite and sandstone which are latterly continuous.
These latterly continuous intervals create a truly unique stacked horizontal opportunity with the capacity to contribute significant production.
Deposited during the Eocene-Paleocene, the Wasatch Formation is up to 3,000 ft. in thickness. It was deposited as thick, regionally extensive stratigraphic sequences primarily in an alluvial-fluvial environment peripheral to the ancestral lakes. Depths to the top of the formation range from 3,147 to 10,754 ft. Most of the production comes from lenticular fluvial-alluvial channel and alluvial overbank sandstone deposits. The productive sandstones are usually isolated and encased in siltstones, mudstones, and shales. The Wasatch Formation contributes to significant well performance. With its variegated organic shale and inter bedded sandstone, the formation contains good porosity with brittle rock properties ideal for horizontal drilling and completion.
We strive to help facilitate your decisions so that you are empowered with the best information and knowledge so that you can capture the highest value of your minerals.
Fill out our simple REQUEST AN OFFER Form or call 713-777-6400. The Form will allow you to upload important documents that you can have digitally or you can take a picture and upload the image.
After we receive the information regarding your minerals, we will quickly begin to evaluate the value of your minerals. Our experts take great pride and joy in helping you realize the value of your minerals through our scientific and transparent process.
After we have generated a fair and transparent offer, we will send you the offer in the form of a Purchase and Sale Agreement (PSA). You will only need to agree to the offer amount and send back the agreement through our secure portal. Generally, we close within 10 days from the time you sign the PSA.
After you sign the PSA, we will confirm your ownership of your minerals by running title. Running Title does not effect you or cost you anything. After we confirm your Title, we will send you a Lump Sum of Cash.
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