Onshore Oil

Ongoing Activity in Hot Creek Valley

News

May 12, 2020,
The U.S. District Court for the District of Idaho issued a Memorandum Decision.
The Court ordered the suspension of operations and production on leases in Wyoming, Utah, and Nevada sold by the Bureau of Land Management (BLM) during the June and September 2018 oil and gas lease sales.

November 27, 2020

According to a regulatory news service (RNS) statement made on the above date, the spudding of a well-named Eblana-9  took place at 07:38 local time (PT) 
The well operated by Major Oil International LLC is due to be drilled vertically to an approximate depth of 5,300 feet and apparently targets three horizons:
Zone 1 with the top at 4,420 ft. and 200 ft. thickness; Zone 2 at 4,920 ft. with 90-120 ft. thickness; and Zone 3 with the top at 5,140 ft. and 30-60 ft. thickness.
Covid-19 precautions are being taken into account.

December 7, 2020

In a regulatory news statement today it was stated the Eblana-9 well was drilled to a total depth of 5,250 ft., reaching target depth at 17.00 local time (PT) on 05 December 2020.
There was evidence of hydrocarbon migration above the caprock in the microfractures. However, there was no evidence of migration in the targeted zones.
The well did not encounter commercial hydrocarbons and is being plugged and abandoned.

 

Chainman’s oil and gas anomalies sit to the North West of the recent drill locations in Hot Creek Valley.
We have always strongly believed the oil is migrating to and is trapped between faults in this area.
We will be returning to Hot Creek Valley in due course.