Buffco Production recently announced they accumulated 43,000 acres in the Eagle Ford oil window and are looking for a partner to help monetize these assets. The bulk of the acreage is located in La Salle and McMullen County.
I became curious as to where the acreage was located and if the acreage is intermixed with any other operators. Luckily, I have access to the Drillinginfo database, which includes a vast, comprehensive leasing aspect.
First, I ran a search using Grantee = Buffco. Below is what was returned. I immediately saw that the acreage is on trend with other well known Eagle Ford Oil Window operators. EOG and Cabot are near the McMullen/Atascosa acreage. Chesapeake and Goodrich are near the NW LaSalle acreage.
I then decided to zoom in order to look at any Drillinginfo Landtracs near this acreage. Sure enough, just as suspected, the NW acreage is intermixed with Chesapeake. I also saw some El Paso acreage in the immediate vicinity, near the acreage they have been testing with positive results.
I then took a closer look at some of the North McMullen acreage, as shown below. I was able to see that the Buffco acreage borders about 4000 acres or so of EOG leases and that they expire around the same time.
This did not take me very long and combined with the table view, I now know things such as who the neighboring operators may be, where the acreage is located, when the leases expire, what the royalties are, etc. We will keep track of what happens with the Buffco assets on this blog and in the DNA Eagle Ford Unconventional Update.
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