West Jasmin Extension Prospect

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West Jasmin Extension Prospect 2016-04-20T19:02:12+00:00

Project Description

The Jedessa No.1 exploratory appraisal well is looking for 15 million barrels recoverable in a 2000 acre lease approximately 20 miles north of Bakersfield and on trend with the 2 billion barrel Kern River Field and the 90 million barrel Poso Creek Field.

Offset wells have cored oil sand and there are favorable geophysics and favorable geochemistry survey points.  Test well costs are about $800,000 for 4,800 feet and another $400,000 to complete the well for production.   Permit is pending.

Project Details