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CEntral Basin Platform
Posted: Tue Nov 01, 2022 10:24 am
by RTaber1
Who would be the producer with the greatest number of DUCs in the CBP
with a market cap of about $1 billion?
Thank you.
Re: CEntral Basin Platform
Posted: Wed Nov 02, 2022 8:14 am
by dan_s
Ring Energy and Riley Exploration are active in the CBP, but I don't know which small-cap has the most DUCs.
Lots of private companies are active in the CBP.
Re: CEntral Basin Platform
Posted: Wed Nov 02, 2022 11:15 am
by ChuckGeb
I have heard Riley stress that they are operating in the San Andreas and not the Central Basis Platform like Ring. I don't know the significance of this. Your thoughts?
Re: CEntral Basin Platform
Posted: Wed Nov 02, 2022 12:48 pm
by dan_s
The San Andres is a formation in the CBP that is a perfect fit for CO2 floods.
See this map:
https://store.beg.utexas.edu/3127-tm_th ... ri0208.jpg
Riley is in the SW corner of New Mexico with a CO2 Flood Pilot Project that could significantly increase their P1 reserves.
