PetroEdge Energy IV established PetroEdge Contract Operating Company in August 2020 to manage 78,000 gross acres/68,000 net acres including operated oil & gas production in La Salle, McMullen, Live Oak, Lavaca and Fayette counties. These assets are owned by Sierra EF, LP and Tri-C Energy Partners I, LLC which are controlled by Post Oak Energy Capital .
- Drilled and completed two 10K ft Lower Eagleford Wells
- Tied both wells into existing CPF
- Utilized engineered flowback and choke management •
Enhanced Oil Recovery Program in the Eagle Ford Shale
Primary production results from unconventional reservoirs across the globe display recovery volumes in the low teens. By injecting native natural gas into these unconventional reservoirs following primary production these stranded reserves can be accessed. The well’s productive life can be extended and additional oil volumes that would otherwise remain in the ground can be recovered. PetroEdge IV has had excellent results introducing the Huff and Puff strategy to its Atascosa asset.