Rock Ridge Resources, Inc. (RRRI)

[farnrth1]

The trend in the Austin chalk makes this interesting for Titan but the fact Titan has drilled thru the Austin chalk and into the Edwards Lime formation has made this exciting.


Results from horizontal drilling have been highly varied. Successes on a large scale have been limited to the Austin Chalk Trend. And even within this sizable trend there are areas which have been unable to realize sufficient reserves to make horizontal wells profitable. It is apparent that not all fractured reservoirs benefit economically by the application of this technology. The two top states, North Dakota and Texas have produced over 285 MMBOE to date through horizontal wells, an important contribution to the US supply. Rapid return of investment due to high initial production rates, ability to implement economies of scale, and the realization of statistical averages with multiple well programs are the driving force behind continued use of the technique in much of the Chalk Trend.

Ref-http://oil.server4.com/horizogj.htm