Andrus Prospect

The Andrus Prospect is located on the northern edge of prolific Agua Dulce Field approximately two miles north of Banquete, in Nueces County, Texas. Agua Dulce Field has produced over 54 million barrels of oil and 2.4 TCF of gas. The objective of the proposed well is the Sinton Oil Sand in which we are targeting remaining oil reserves from an existing field. The total depth of the proposed well is 5,250’ and will be drilled on the upthrown side of a down-to-coast fault, which has been confirmed with 2-D seismic, and is expected to be structurally high to strong, water driven oil production. Drilling is expected to get underway May 2019.