Aresco begins horizontal drilling in western Anadarko Basin

Aresco logo
Source: press release

Aresco LP, a privately held exploration and production company , today announced drilling has begun on the Perryton #1-H, a horizontal development project targeting the western Anadarko Basin’s Cleveland Formation. The Perryton #1-H is the first of three potential long-length horizontal Cleveland Formation wells on a ~640-acre Prospect, which is located in Ochiltree County, Texas. This area of the Anadarko Basin features de-risked, productive acreage that is either no longer available to lease or is held-by-production.

“The Perryton #1-H marks an exciting beginning to our exploration and production efforts in the Anadarko Basin in an area where acreage is hard to come by, ” said Brandon Laxton, President and CEO of Aresco LP. “As a whole, this Prospect is a perfect fit to our operational strategy of partnering with proven operators in proven fields. We anticipate the drilling of the Perryton #1-H will be the first of many wells we will participate in throughout the basin. ”

Cleveland formation wells found immediately offsetting the Prospect acreage have produced more than 1,852,720 barrels of oil and over 8.4 BCFG since the area’s first production. Today, the Cleveland Sand oil and gas play is shifting from a vertical well to a horizontal well development play utilizing horizontal drilling and multiple-stage fracturing techniques.

“By applying drilling and fracking techniques perfected in shale plays to conventional formations like the Cleveland, we are seeing an abundance of new activity in our core areas of interest,” said Mr. Laxton. “With strong IP results, slower declines than shale and excellent longevity potential, we will continue to add conventional prospects in these areas to our portfolio.”

Article continues below this message

Have your opinion heard with Shale Gas International

We accept interesting, well-written opinion and analysis articles of up to 1,500 words, that offer unique insights into the shale industry. The articles cannot be overtly promotional in nature and need to fit into at least one of our content categories.

If accepted, the article must be exclusive to Shale Gas International website and cannot appear on any other websites, publications, etc. Each article may contain up to three links to external websites relevant to the content discussed in the piece.

If you would like to contribute to Shale Gas International website, please contact us at: editor[at]