Texas Allied Petroleum – An Invaluable Addition to any Business Portfolio
Though it has been in the oil business since late 2005, Texas Allied Petroleum has already demonstrated an extraordinary level of expertise in the field. As one of the fastest-rising startups in the country, the company is poised to take its place among the biggest players of the industry. In time, the company should be able to go head-to-head with the likes of Shell, BP, and Chevron.
Texas Allied Petroleum maintains its base of operations in the city of Austin, Texas. The company holds extensive experience in the exploration, extraction and production of fuel from oil and natural gas reserves located in the United States mainland. It holds an edge over its competition by virtue of its unflinching commitment to quality and its active presence in many of the country’s most fuel-rich areas. As a result, the company has earned the seal of approval from such agencies as Dun & Bradstreet and the Austin Chamber of Commerce.
Among the company’s most recent accomplishments are its partnerships with such groups as Exxon, Durant-Pardo, and Brownrigg. As of June of 2011, the company’s joint venture with Newfield has yielded an average of approximately 27 barrels of oil daily. Meanwhile, the company’s joint ventures with Loeher have yielded amounts of up to 123 million cubic feet of natural gas a day.
In March of 2011, Texas Allied Petroleum achieved an aggregated yield of nearly hundred barrels of oil a day at Wyoming’s Laramie fields. Of the three fields, the highest input came from Little Laramie, which produced about 50.2 barrels of oil daily. Little Laramie is followed by Herrick and Cooper Cove, which each produced 25.5 and 16.8 barrels of oil a day respectively.
At Coffee County in Kansas, the company has managed to complete the screening and drilling of its Wilson/Todd well in February of 2010. The 2,200 well has been constructed so as to produce a daily yield of over 500,000 cubic feet of natural gas everyday. A similarly momentous growth has been reported at Henry Crooks field, the location of four Yegua sand oil wells. The 300-acre area of Henry Crooks field is located at Texas’ Lavaca County. Also in Texas was the establishment of the company’s 10,000-foot Neuman #1 well at Liberty County.
In October of 2010, Texas Allied Petroleum entered an agreement to revitalize the Main Pass 35 project, located off the shores of Louisiana’s Plaquemines Parish. Main Pass collectively comprises 15 oil wells, which could increase the company’s overall profits by leaps and bounds.