United’s 112-acre Gonzales County Project is located in the increasingly popular Eagle Ford Shale trend. The project has one producing well and enough space to house further offset wells if determined they will be profitable.
The Eagle Ford Shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford Shale is about 475 feet. The formation produces both natural gas and oil, but we believe the oil-producing and gas condensate areas are most attractive at this time.
Several companies have reported discoveries of oil and gas in the Eagle Ford Shale formation, which is estimated to be as deep as 11,300 feet.