$AGYP Expands Its Natural Gas Holdings by Acquiring the Thiel Lease! A lot of info on the Thiel Well in this Globes Newswire Article below! >>
The Thiel Well was drilled by Union Pacific Resources in 1996 and is located near Brenham Texas. The Thiel Well was drilled as a dual lateral well and, when completed, reported an absolute open flow rate of 44,000,000 cubic feet of natural gas per day. During its first 3 years of operation, the Thiel Well produced approximately 3,000,000,000 cubic feet of natural gas to date.
Most recently the Thiel Well was operated by Jenex Petroleum Corporation from 2009 to 2021. During this time the Thiel Well reported numbers of approximately 8,080,000 cubic feet of natural gas per day (or 8.80 mmcfpd)
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.