Posted in | News | Natural Gas | Oil Shale | Discoveries

EGPI Firecreek Identifies Significant Oil + Gas Reserve at Tubb Oilfield, Texas

By Joel ScanlonMar 24 2011

EGPI Firecreek has discovered a significant oil and gas reserve at the newly acquired Tubb Leasehold Estate sited in AMOCO/CRAWAR Field in Ward County, TX.

Due to this new discovery, EGPI has planned to carry out a rework on one well to restrict the currently producing reserve, pending hole and drilling at shallower depth that has confirmed the presence of significant oil and gas deposit. EGPI expects production increase of both oil and gas with this rework and lowers renovation and maintenance.

Because of the new oil and gas discovery at Tubbs Estate has created a good chance for a quick expansion of the energy division. The company will have the capacity to increase the potential by tapping these new reserves.

Now, EGPI Firecreek has concentrated in constructing and expanding its Oil and Gas and Alternative Energy divisions. Currently, the company has great opportunities due to the energy demands. EGPI Firecreek will deal with the growth potential by following proven production targets, oil and gas business acquisitions, and proposed agreements for its Alternative Energy division.

Source:

http://www.egpifirecreek.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

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APA
Scanlon, Joel. (2019, February 18). EGPI Firecreek Identifies Significant Oil + Gas Reserve at Tubb Oilfield, Texas. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=3777.
MLA
Scanlon, Joel. "EGPI Firecreek Identifies Significant Oil + Gas Reserve at Tubb Oilfield, Texas". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=3777>.
Chicago
Scanlon, Joel. "EGPI Firecreek Identifies Significant Oil + Gas Reserve at Tubb Oilfield, Texas". AZoMining. https://www.azomining.com/News.aspx?newsID=3777. (accessed November 22, 2024).
Harvard
Scanlon, Joel. 2019. EGPI Firecreek Identifies Significant Oil + Gas Reserve at Tubb Oilfield, Texas. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=3777.