Tanos II areas of operation are located within the East Texas and North Louisiana geologic basins. The fields are characterized by long-lived production and additional drilling opportunities that provide a mechanism for exceptional return on capital utilizing our horizontal drilling experience and operational efficiencies. Click on a geographic area below for more details.
The North Louisiana Business Unit (NOLABU) produces 115 MMCFE/D gross and 73 MMCFE/D from 649 operated and 326 non-operated wells. New acquisitions have recently expanded the Tanos footprint to almost 140,000 net acres. Key areas of activity are located in the Webster and Bienville Parish fields that include Sibley, Ada, West Bryceland, Sailes & Bear Creek. Combined these contiguous fields cover a large area that produces natural gas and oil primarily from the Hosston Formation. Ruston, Choudrant and Tremont fields (R-C-T) are located primarily in Lincoln Parish. Recent drilling in this area has concentrated on horizontal wellbores targeting the Lower Cotton Valley sands. Much of the non-operated ownership has been acquired through the spate of acquisitions made since 2015.
The East Texas Business Unit (ETBU) produces 190 MMCFE/D gross and 136 MMCFE/D from 286 operated and 323 non-operated wells. The Western Shelf Business Unit, consisting primarily of Savell Field, was recently collapsed into the ETBU. Combined, the ETBU now has close to 130,000 net acres. This large position has been amassed through a combination of acquisitions, drill-to-earn joint ventures and greenfield leasing. An active drilling program has been in place on these assets for 5 years, primarily drilling horizontal Cotton Valley sand wells. As with the NOLABU, the non-operated positions have come with various acquisitions plus one drill-to-earn venture.