Creston Resources Makes Gas Discovery in Wyoming

Creston Resources reports that the Creston 3-2 well in Carbon County, Wyoming initially tested at 1,147,000 cubic feet of natural gas per day. Creston anticipates that after applying appropriate compression techniques the natural gas production should increase substantially.

Creston's best estimate of the crude oil production is approximately 30 bls. per day.

This well is a joint venture between Creston and BP America Production Co. (formerly British Petroleum). Creston Resources owns a one-eighth interest in the well, as well as in the surrounding leasehold properties. Creston Resources Ltd. estimates that within the surrounding leasehold area it will be possible for BP America Production Co. to drill an additional three wells.

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Office Manager
Expertise: Asset Management|Operations Management|Secretarial or Administrative
Location: Von Ormy, TX
Fluid Analysis Specialist
Expertise: Geoscientist
Location: Houston, TX
Geologist II Job
Expertise: Geologist
Location: Oklahoma City, OK
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours