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The AAPG/Datapages Combined Publications Database

Houston Geological Society Bulletin

Abstract


Houston Geological Society Bulletin, Volume 12, No. 3, November 1969. Pages 19-19.

Abstract: New Oil Previous HitBasinNext Hit???

By

Eugene Greenwood
Midland, Texas

Published in Oil & Gas Journal, October 6, 1969

Pedregosa Previous HitBasinNext Hit located in southeast Arizona, southwest New Mexico and extends southeastward into Mexico. 200 miles long, northwest-southeast and 150 miles northeast- southwest.

Excess of 25,000 feet of Paleozoic, Mesozoic and Tertiary sediments in deeper parts of Previous HitbasinNext Hit.

Similar in many respects in Paleozoic times to the Midland and Delaware Basins of Texas.

Source rock, reservoir rock and in part, trapping mechanisms are identical with known West Texas fields.

Mexico geologists are boosters of the Previous HitbasinNext Hit possibilities.

Most major companies have leased thousands of acres in 1968-1969.

A group geophysical shoot by GSI with 10 companies are presently active.

Humble drilled a 14,500' dry hole in Hidalgo County, New Mexico, Pemex drilled a 16,500' well west of Jaurez, Mexico.

A large sedimentary Previous HitbasinNext Hit, with more than 25,000' of sediments; lies between West Texas and the West Coast.

A new Previous HitbasinTop to explore, a new oil frontier??

End_of_Record - Last_Page 19--------

 

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