The Riverside Prospect
Kathis Energy LLC holds the lease on 1,000 acres with multiple drilling locations, with a max depth of approximately 4,500 feet and is located in the Permian Basin (Eastern Shelf).
The Permian Basin & Eastern Shelf has logged record production of over 29+ billion barrels of oil since 1950.
These Drilling locations are located up-dip of solid proven production and each Kathis Energy drilling prospect can range from 2-4 or more of potential producing formations.
Request Additional Information on the riverside Prospect
Summary of the riverside Prospect:
Average production per well 40-100 MBOE.
The typical well in the area comes in front loaded (flush production) for the first 1-3 years.
The wells will be drilled on 40 acre spacing.
Each well has eight (8) possible target formations.
MULTIPLE PAY-ZONES - Targeted formations
■ Gardner Formation: sweet spot range 20-30 MBOE
■ Dog Bend & Capps Formations: sweet spot range 45-110 MBOE
■ Capps & Fry Formations: sweet spot range 40-60 MBOE
■ Caddo Formation: sweet spot range 40-56 MBOE
■ Crosscut Formation:; sweet spot range 40-50 MBOE
■ Canyon Formation: sweet spot range 48-105 MBOE