Two of Team Resources' Kansas Wells Hit Oil, Gas


Raton, Hugoton, West Panhandle Field
(Click to Enlarge)

Team Resources, Inc. an independent oil and gas company announced that its limited partnership Natural Gas & Oil Choice Development Fund I, L.P., will soon begin oil and gas production in Kansas.

Team Resources' Direct Participation Program, Natural Gas & Oil Choice Development Fund I, L.P., discovered oil and gas at their Schomaker #2 and Ford #3-13 wells located on the eastern edge of the famous Hugoton Gas Field in southern Kansas.

"Production casings have been set and we are now waiting on the completion rig before we can put these wells into production. We expect production to begin by May, and participants can expect revenue distributions by late summer" said Kevin A. Boyles, President & CEO of Team Resources and General Partner of Natural Gas & Oil Choice Development Fund I, L.P.

Drilling has now begun on the Smith #3-26. If drilling results are successful with this well, the Company expects to begin oil and gas production by June, with revenues to follow soon after.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mechanical Integrity Analyst - Rockies Mechanical Integrity
Expertise: Production Operator
Location: Platteville, CO
 
Sr Workforce Specialist - Global LNG
Expertise: Production Operator
Location: The Woodlands, TX
 
Account Manger - Levelland/Lubbock, TX Area
Expertise: Customer Service|Production Operator|Well Servicing & Testing
Location: Levelland, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours