A Preview On Texas Allied Petroleum
It was in the middle of 2008 when the oil and gas in the international economy suffered from a steady decline brought about by several factors
. Heavily affected with this phenomenon, Texas Allied Petroleum diverted its main attention from natural gas and crude oil production to services for joint venture projects. The management of this company decided to offer drilling and testing services to larger international oil companies. Eventually, this solution has been away for them to take advantage of the technologies, resources, and connections of major companies they made business with. One of the notable projects that resulted with impressive results is the Wilson-Todd Well project, completed in February of 2010. In this project, they were able to attain the most precise findings in the drilling and testing processes for the 2,200 feet well created in Coffee County, Kansas.The production of Texas Allied Petroleum mainly depends on two things. The first is the search for fields, both huge and small, that are among the obscure geologic targets. The other is the optimization of the discovered resources" recovery. Currently, this company is working productively with numerous projects. These projects are in collaboration with the major exploration companies such as Newfield and Exxon. As of May of 2011, the operations for these projects resulted to substantial quantities of a barrel of oils per day or BOPD.
Moreover, the accomplishments of Texas Allied Petroleum have gone far since its inception in 2005. The operations have expanded in several locations outside Texas. Some of its current areas of operations are in Wyoming, New Mexico, Louisiana, Kansas, and Oklahoma. Aside from making dynamic partnerships with several major oil and gas production companies, Texas Allied Petroleum is also on its way to move up to a higher development stage. Their team of executives is currently working on the planned expansion of the company"s center of business extraction. Furthermore, Texas Allied Petroleum studies the necessary changes in terms of technology and operational techniques that must be implemented. In this way, they will be able to cater more services and accept bigger projects with associate companies from different parts of the world.
by: James Peterson
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2024-2-20 16:27
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