gulf coast onshore texas
Conventional Exploration & Production
Palisades Energy explores primarily the upper gulf coast of Texas utilizing 3D seismic with modern reprocessing. Palisades along with its legacy companies has explored and produced oil & gas in the gulf coast region for over 20 years.
Prolific onshore plays
Palisades Energy has generated numerous prospects in the SE Texas onshore region. These prospects have been identified utilizing proprietary reprocessing of 3D seismic data. Both oil and gas prospects in normal and geo-pressured reservoirs have been identified.
Opportunity
Recent low oil and long term low gas prices has led to a lack of drilling in these trends, thus there exists available acreage and abundant infrastructure. Low drilling and completion costs, utilizing turnkey operations makes these plays attractive in the current economic environment.