Tuesday, February 21, 2012

Irion County, TX - Wolfcamp Shale

By Tim - http://oilshalegas.com

Wolfcamp Shale Update - Irion County, Texas - Apache Corp (APA)

Apache Corp (APA) recently gave an update on the Wolfcamp Shale located in Irion County, TX.

In the Southern Midland Basin, we leased 20,000 acres in the Wolfcamp shale play in Irion County, which brings our total to 25,000 acres. This is in addition to 31,000 acres in the form of BP leasehold we have in the same area. And during 2012, we plan to drill up to 6 horizontal wells on these properties. We currently think there's potential for up to 150 locations, horizontal wells in this area.