Exploration & Production | Top Story | Seismic
NAMG Derisks San Joaquin Tejon Prospect; IDs Five Targets
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North American Oil and Gas Corporation has completed an exhaustive analysis on the recently acquired 3D survey covering its 3,429 gross acres (2,946 net acres) Tejon Area totals.
The company has completed mapping and volumetric analysis of the 14 prospects previously identified, further refining their extent and reducing their associated technical risk. This work has allowed the company to prioritize its prospect inventory in terms of geologic risk, resource potential, drilling difficulty and permitting issues.
The prospects include 5 target horizons: the Eocene, Vedder, Jv, Olcese, Reserve and Transition Zone. All of these reservoirs are productive at the adjacent Tejon, North Tejon and Wheeler Ridge fields which have together produced over 175 million barrels of oil and gas in oil…
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