Over the past several years, Houston Energy has placed major exploration emphasis on the offshore Gulf of Mexico. This area offers an independent company such as HE various options and opportunities due to the availability of large affordable volumes of 3D seismic data, existing infrastructure with known royalty scales, and the ability to participate in the bidding for state and federal acreage at regular sales.
Houston Energy has been able to assemble over 5,400 blocks of 3D seismic data in the Gulf of Mexico to date, and employs state-of-the-art seismic modeling, AVO, and inversion when applicable to qualify and quantify prospects. With this amount of seismic control, HE has been able to map large portions of the Gulf in detail and categorize prospects within regional geologic frameworks. HE currently owns thirty-four 3D workstations for use in generating 3D prospects.