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Central Basin Overview

Since its discovery in the mid-1950s, the San Andres formation in the Central Basin Platform has produced approximately 1.9 billion of cumulative equivalent barrels of oil at depths averaging 4,500 feet, according to the Bureau of Economic Geology. Recent wells drilled in the horizontal San Andres have averaged approximately 400 to 700 BOE per day, with the estimated potential to deliver returns ranging 45% to 95% under a WTI oil price scenario of $50/bbl to $60/bbl, respectively.

Central Basin Map

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