Spanning across Texas, New Mexico, and Louisiana, the TexMex Field represents a compelling opportunity in the Oil & Gas sector. With proven profitability, long-life wells, and low-decline production profiles, TexMex is uniquely positioned for innovation and energy upside and transition. The field benefits from diversification across three geographies and a blend of development and redevelopment upside.
Location: Texas, New Mexico & Louisiana
Acres: 27,789 gross | 22,440 net
Number of Fields: 3 diverse, high-potential basins
Nestled amidst a serene landscape, Angelina Field offers a promising energy transition opportunity. This field is the oldest and first oil field in Texas. Spread over approximately 73,000 acres, it is a long-life and low decline with big potential for energy production growth.
Location: Nacogdoches County, Texas
Number of wells: 302 with 144 bcf proven reserves
Potential: Energy transition and production growth
The Panzer project is an Exploration Oil and Gas drilling project with a successful outcome of substantial Oil and Gas reserves.
Location: North East of Houston, Hardin County
Proven Reserves: 230 MBO, 6 BCF Gas
The Wrangler project is an Exploration Oil and Gas drilling project with a wildly successful outcome of substantial Oil and Gas reserves.
Location: South of Houston, Brazoria County
Proven Reserves: 415 MBO, 4.6 BCF Gas
The Salt Flat Field is an attractive leasehold of 3,574 acres with 52 PDP’s (Proven Developed Producing) on a consistent and low ~10% decline, with a net cash flow providing monthly distributions and reliable, long-term returns on initial investment.
Location: South of Austin
Proven Reserves: 3,000 MBO
Potential: Green operations with 8MW Solar Farm