Parrallel Petroleum Announces Discovery in Jackson County, Tx.

Parallel Petroleum Corporation announced the completion of a significant well in the Yegua/Frio/Wilcox gas trend, onshore the Gulf Coast of Texas. The Cole No. 1, Jackson County, Texas, was drilled to a total depth of 8,970 feet and encountered the most net pay of any well in which Parallel has participated. In the interval from 8,000 feet to 8,900 feet, the well found 400 feet of gross sand with 165 feet of net pay.

Our Privacy Pledge

Most Popular Articles
Brent Crude Oil : $55.14/BBL 0.61%
Light Crude Oil : $49.48/BBL 0.86%
Natural Gas : $3.12/MMBtu 0.95%
Updated in last 24 hours