Oil, deep drill, players

- Holloway Unit 3H -

West Texas Intermediate has been hanging around $120 for a few weeks. That can be good or bad, it depends on which side of the oil well you are sitting. If you have a well, you can say you are just paying yourself at the gas pump. If you don't have a well, hit up a relative or friend who does to help you fill your tank.

The photo is of a new drill in Scurry County, just north of Camp Springs, up County Road 1154. Information on the Texas Railroad Commission site indicates it is the third well permitted for the Holloway Unit. Total depth is reported as 7000 feet. It is operated by Moriah.

RRC records show that only two wells have been drilled to the depth of 10,000 feet, back in 2012, but there's been a new one permitted by Endurance, out by Busby, on the Gillespie survey. It's a horizontal well, Whiskey Dent 1H.

Endurance Resources III is one of the new players in the area. A couple of other new operator names are Arrington Oil & Gas, Patton Exploration, and L.C.S. Production. The familiar names around here are Clear Fork, Browning, Moriah, Cholla, Sojourner, Peregrine, and Gunn.

Check out the RRC for more information.