Rare wildcat drilling in remote Arizona strip

Journal Article · Mon Oct 07 04:00:00 EDT 1991 · Oil and Gas Journal; (United States)

OSTI ID:5676485

Brennan, D J ^[1]

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1. Regulatory Compliance Specialists, Scottsdale, AZ (US)

This paper reports on a recent application by United Gas Search Inc., Tulsa, for a permit to drill in extreme northwestern Arizona that has sparked interest in that area, largely unknown in the oil business. The area is known locally as the Arizona strip. It lies north and northwest of the Grand Canyon. There is not even a road to the strip from the rest of Arizona. Access is by road from Utah or Nevada. Just what is there to cause a company to go to the trouble of drilling an 11,000 ft well so far from production and from sources of equipment and supply With oil and gas prices as low as they are, do potential reserves economically justify stepping out so far At a recent U.S. Bureau of Land Management lease sale, one that saw the first competitive bidding on federal land in Arizona United Gas Search bid successfully on three tracts totaling 5,122.32 acres. The company paid $7/acre for the largest tract of 2,082 acres and an average of $3.26/acre for the remaining 3,040 acres.

• OSTI ID: 5676485
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 89:40; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

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