Gulf Coast Oil Field Development
Project Overview
This Gulf Coast oil field has been in production for 5 years with consistent output. The current owner is seeking investment partners to fund expansion drilling to access additional proven reserves. The field has excellent infrastructure in place including pipeline connections and processing facilities. Geological surveys indicate significant untapped potential in adjacent formations.
Key Features
- Proven reserves of 15 million barrels
- Current production of 2,000 barrels per day
- Expansion potential to 5,000 barrels per day
- Complete infrastructure already in place
- Experienced operational team available to continue management
Implementation Timeline
Scalability Options
- Additional drilling to access deeper formations
- Enhanced oil recovery techniques for improved yield
- Potential for adjacent field acquisition
Regulatory Considerations
All permits in place for current and expanded operations. Environmental impact assessments completed. Complies with all federal and state regulations.
Market Potential
Strong demand for domestic oil production with stable pricing projections. Field has low production costs relative to market prices, ensuring profitability even in moderate price environments.
Investment Details
Project Type
oil-gas
Investment Sought
$12,500,000 USD
ROI Estimate
18.5%
Status
Permitted
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