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Ultra Prospects

Bayou Belle

Field: Jeanerette, St. Mary Parish, LA
Depth: 5,500 TVD
Objective: Miocene
Reserves: 350,000 BOE
Wells: 1

CWC: $1.58 MM
Merlin

Field: Richie, Acadia Parish, Louisiana
Depth: 9,500’
Objective: Nodosaria age, (Tweedel Sand)
Reserves: 1,217,241 BOE
Wells: 1-4

CWC: $3.15 MM
Marsh Hawk

Field: Abbeville, Vermilion Parish, LA
Depth: 8,000’
Objective: Brookshire Sand
Reserves: 312,000 BOE
Wells: 1

CWC: $1.53 MM
Great Blue

Field: Live Oak, Vermilion Parish, LA
Depth: 13,200’
Objective: Multiple Sands
Reserves: 591,000 BOE
Wells: 1

CWC: $3.65 MM
Aquila

Field: W. Feliciana Parish, LA
Depth: 15,700’ TVD
Objective: Tuscaloosa “A, B, C & D Sands” (Re-entry & ST)
Reserves: 2.3 MBOE
Wells: 2

CWC: $6.05 MM

PUD = producing undeveloped
CWC = completed well cost
MCFG = million cubic feet of gas
MM = million
MMBO = million barrels of oil
BOE = barrel of oil equivalent

Quote from the SPE Society of Petroleum Engineers: “Reserves in undeveloped locations may be classified as proved undeveloped provided (1) the locations are direct offsets to wells that have indicated commercial production in the objective formation, (2) it is reasonably certain such locations are within the known proved productive limits of the objective formation, (3) the locations conform to existing well spacing regulations where applicable, and (4) it is reasonably certain the locations will be developed.”

SPE Resources | Oil & Gas Industry Resources

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Field: Jeanerette, St. Mary Parish, LA 
Depth: 5,500 TVD 
Objective: Miocene 
Reserves: 350,000 BOE