Pine Mills Field
Primary Asset
Pine Mills is a 2,400-acre producing oil field in Wood County, Texas. All leases are ‘Held by Production’, allowing for complete control over the timing of any future capital expenditure decisions. The Company has a 100% working interest and is the operator. The field was acquired in November of 2016.
Discovery Date: October 8, 1949
Structure: North/South - Faulted West Dipping Anticline
Size: 3.7 miles long/0.6 miles wide
High Quality Producing Intervals
Average Porosity: 24%
Avg Permeability: 1,100 md
Top structure map Subclarksville
Reservoir Interval
Subclarksville
Waggoner
Woodbine
Paluxy
Total
Cumulative Production (12/24)
Recovery Efficiency (12/24)
Remaining Potential (R.E. 50%)
Depth (ft)
4,535
5,365
5,400
5,365
Oil in Place (MMBO)
95
44
25
50
38.14
12.55 MMBO
33%*
6.54 MMBO*
* as at 31 December 2024