Houston Energy and it's Partners were apparent high bidder on 10 blocks in the Federal Lease Sale 235 which was held on March 18, 2015 in New Orleans. Houston Energy expects the blocks to be awarded this summer.
2015 OCS Lease Sale
Houston Energy bid on 5 OCS blocks with their partners and was high bidder on each of the blocks. Houston Energy expects the blocks will be awarded this summer.
2015 OCS Drilling Plans
Houston Energy and its’ partners expect to drill at least two OCS prospects in calendar year 2015.
2015 ONSHORE Activity
Houston Energy had a successful 2014 Onshore drilling program. Houston Energy generated and participated in 4 discoveries along the Texas and Louisiana Gulf Coast.
In 2015 Houston Energy anticipates participating in approximately 11 Onshore wells.
This activity is the continuation of the prospect generation effort by our experienced staff and the Houston Energy extensive 3D seismic data base.
2015 Deep Water Activity
In 2015, Houston Energy’s Deepwater Program expects to participate in drilling 9 wells. Of the 9 wells, 7 are exploratory and 2 are development. The first well is currently drilling with 5 wells to follow in the third quarter and 3 in the 4th quarter.