Doughtie Exploration Company

Doughtie Exploration is an independent energy company engaged in the exploration, development and acquisition of natural gas and crude oil-Onshore Texas.

Since the company inception in 1997, Doughtie’s growth and operations have focused primarily in Texas Districts 1-6.

Today, as we continue to promote our own projects, let us assist you in your oil and gas operations through our

Oil and Gas Asset Management Services.

Corporate Profile

“Where we have been and where we are going”

Under the owner and leadership of David Doughtie, Doughtie Exploration has placed their emphasis on generating and exploring in trends that are highly sought out within the industry.

In the 1990’s, the South Texas Wilcox and Vicksburg trends were prized natural gas and condensate reservoirs by both the majors and independents. It was during that time that in order to compete, Doughtie learned that one had to have the best seismic data and geologic skill. Doughtie played a lead role in the generating and discoveries of fields such as: Bob West, Escobas and extensions to N.E. Thompsonville and McAllen Ranch. Bob West has emerged as the top producing Wilcox field in South Texas.

In the 2000’s, the industry placed an emphasis on oil. Doughtie shifted to shallow oil reservoirs in South Texas and East Texas. The Comanche Ranch was a byproduct of the effort in South Texas. Applying horizontal drilling, acquiring 3-D’s and coherence technology, multiple Glen Rose wells were drilled over 300,000 acres. This marked the beginning of resource plays and repeatability.

Doughtie pursued positions in both the Haynesville and Eagleford shales. The industry was moving fast in both plays and driving up leasehold prices. A position in the Eagleford was obtained and Doughtie participated in multiple horizontal wells.

Today, the industry demands high quality 3-D projects that are risk adverse, have impactful reserves and can achieve a rate of return during low commodity prices. The company’s project line meets these requirements. Doughtie puts out a product of high quality that is both affordable for the individual and corporate investor.

Where we are going as the demand is placed on the industry for free cash flow. The company will continue to promote their own projects and assist others through oil and gas asset management services.

Notable Work Examples

COMANCHE RANCH

Doughtie Exploration recognized and facilitated the leasing effort with its partner Saxet Energy of 306,000 acres in 2001, on the Comanche Ranch Prospect. The acreage position was located in Maverick and Dimmit Counties, Texas. 247 square miles of proprietary 3-D was shot to compliment the 750 miles of 2-D spec data purchased. Saxet Energy drilled the discovery well, the Comanche Ranch #1-111, initially flowing 2,200 BOPD at 6,700 feet out of the Glen Rose Formation. Karsting was recognized with porosity up to 45 percent.

In 2001, this marked the beginning of resource plays that would dominate the industry for this decade. Doughtie and Saxet recognized this as a resource play with repeatability and aggressively drilled 40 wells with hundreds of additional locations. In 2004 and 2005, Doughtie and Saxet monetized their entire asset.

ESCOBAS FIELD

The Escobas Field in Zapata County, Texas, is a Pennzoil-operated property. Escobas is a large faulted anticline with traps hydrocarbons on various Wilcox sands. In April 1990, Pennzoil and Sanchez-O’Brien drilled the Catarina Gracia #2 to 12,750’, looking for the 9th Hinnant sand. Other sands, including the objective, were encountered productive, totaling 276 feet of pay. Five additional wells were drilled and completed. Initial booked reserves were 64.9 BCF. Cumulative production to date exceeds 55 BCF.

MCALLEN RANCH FIELD

The McAllen Ranch Field, Hidalgo County, Texas, is a large faulted Vicksburg producing anticline. Shell, Texaco, and Forrest control the majority of the 1 TCF worth of production. Sanchez-O’Brien and Texas Independent drilled the Coates #1-R in July, 1991, testing the field’s northwest flank. The well encountered 484 feet of pay. Three additional wells have been drilled and completed to date. Total booked reserves were initially 25.6 BCF and 512 MBC. Total production to date exceeds 20 BCF and 500 MBC.

BOB WEST FIELD

The Bob West Field in the Starr and Zapata counties, Texas can be considered the largest onshore discovery in North America in the 1990s. Total production to date is approaching 1 TCF with an additional 190 BCF produced from North Bob West. New field discoveries of this magnitude can only suggest that significant reserves can still be found along the Texas Gulf Coast.

David Doughtie published an article in the September 1994 issue of World Oil magazine which describes the field in detail.

Oil and Gas Asset Management Services

“Whether you want us to just watch over your operations on a daily basis or invest our experience to maximize your properties value, consider us next time you need assistance in your oil and gas operations.”

Doughtie Operating Company in collaboration with Block T Petroleum provides an all-inclusive oil and gas asset management service.

Accounting

General Ledger, JIB, LOS, Revenue, Production…

Drilling/ Completion

Planning, contracting, onsite supervision…

Geological/ Geophysical

Fully integrated geological and geophysical 2-D & 3-D interpretation, field studies, regional mapping, well log correlations and analysis…

Production and Facilities

Planning, contracting, cost reviews…

Reservoir

Coordinating on 3rd party reserve reports…

Asset Monetization

Prepare and coordinate with an outside broker all of the material necessary to divest of the asset in the market place…

Contact

P.O. Box 768
McQueeney, TX 78123
p (281) 782-7195