About the Company


Rockies Standard Oil Company, LLC (RSOC) Offers unique opportunities to E&P companies looking for oil and gas projects in the Rockies. Proven leadership team, unmatched expertise, and superior strategic vision make this company stand out as the best in the west.

RSOC is poised for sustainable, long-term growth built the following foundation:

  • Large contiguous land positions
  • ~250,000 net mineral acres located in Utah and Colorado
  • Multiple ready-to-drill oil and gas prospects ranging in depth from 1,500’ to 16,500’
  • Both conventional and resource plays (See below Mancos Shale resource play summary)
  • Proven oil and gas management team
  • Potential oil and gas reserves on leasehold may exceed 100 million barrels and several TCF gas

Shallow Oil Resource Play Highlights
(Mancos Shale)
  • Proven producing shallow oil shale resource play
  • ~131,000 net acres available @ ~80% NRI
  • Acreage sits in the peak oil maturity window in the Southern Uintah Basin
  • Multiple vertical penetrations (production up to ~120K barrels confirms commercial resource present)
  • Drill-ready resource with shallow (Mancos) to medium (secondary objectives) depths
  • AFE for horizontal Mancos well ~$2 million-Projected EUR of 240,000 bbls per well

 

Secondary objectives underlying the RSOC Mancos Acreage include:

  • 4 Conventional Prospects (Old Sager, Black Hat, White House, & Pinnacle Deep)
  • Cutler Group (Arkose/Granite Wash), Pennsylvanian Honaker Trail, Gothic Shale, Hovenweep Shale


PRIMARY OBJECTIVES:

 Mancos Oil Shale Resource Play (Niobrara Equivalent) ~131,000 net acres - The Mancos Shale is the second largest producing resource play in the Rocky Mountains, exceeded only by the Bakken Shale of the Williston Basin (Brathwaite, 2009). The Upper Cretaceous Mancos Shale averages 1,200’- 3,500’ in the prospect area and conservatively contains several hundred feet of hydrocarbon bearing Ferron and Juana Lopez porous zones. The Mancos Shale Play has been drilled through extensively (>500 vertical wells) during the last 80 years with many oil and gas shows encountered while drilling.  Most of these wells were drilled for deeper targets, but numerous were completed and produced substantial amounts of oil (up to 120,000 bbls from a vertical well) from the Mancos shale.  It should be possible to produce ~240,000 barrels of oil from a 1000’ lateral. Initially horizontal wells are expected to cost approximately 2 million dollars each.  Additionally, extensive infrastructure (i.e. gas pipelines, gas gathering systems, gas processing plants, electricity, roads, disposal facility, etc.) are in place and oil field services are readily available nearby in Grand Junction, CO and Price, UT. The Mancos acreage lies in a pro-development area, permits are easily obtained, and there are no major environmental issues outstanding of which we are aware.

Secondary Objectives Underlying the Mancos Shale:

Gothic and Hovenweep Black Shale Resource Play- The Gothic and Hovenweep shales are excellent source rocks and become more dolomitic moving toward more proximal positions near the Uncompahgre Uplift.  Production has been established from the Gothic Shale in the Paradox Basin by at least three horizontal wells drilled by Bill Barrett Corporation.  Bill Barrett Corporation recently partnered with a large independent on 100,000+ acres to drill additional wells.  The Gothic Shale project area is defined by numerous wells with gas shows in the Gothic Shale. Barrett drilled four vertical science wells and cored the complete Gothic Shale section yielding good gas content and BTU values. Barrett’s ensuing horizontal wells have initial production rates ranging from 3.1 to 5.7 MMCF/D with associated condensate.

Old Sager, Black Hat, White House and Pinnacle Deep- Prospects are located proximal to the Uncompahgre Uplift, 5-10 miles west- northwest along the uplift.  They will test several seismically defined traps:  Lateral Seals (salt wall, pinchout and fault traps), Vertical Seals (tight carbonates, mudrocks, shales, anhydrite in the lower Cutler and Honaker Trail).  They will test the Honaker Trail, White Rim, Cutler Group sandstones, Ismay and Desert Creek Members of the Paradox Formation.

Granite Wash (Uncompahgre Mountain Front) Tight Gas Sand Play- The Granite Wash play in the Anadarko Basin is an analog for the Paradox Basin Uncompahgre Mountain Front play.   More than 2 TCFG and 60 MMBO have been produced from Granite Wash reservoirs in Oklahoma and the Texas panhandle.  Better completion technology and drilling targeting the Granite Wash section have unlocked a huge resource base estimated to be between 20 and 40 TCFG, and drilling activity in the Anadarko basin has surged in recent years.  The best production is realized within 20 miles of the granitic Amarillo Mountain Front Uplift where the Granite Wash facies is best developed.  This concept should also hold true along the Uncompahgre Mountain Front under the RSOC leasehold.  Carbonates found in the Golden State Resources wells can be correlated with seismic anomalies on RSOC’s acreage.  If these anomalies are confirmed to be shelf carbonates proximal to the Uncompahgre Uplift, similar production as that found in the Anadarko Basin may be realized.


RSOC’s world-class exploration opportunities are recognized by recent publications in RMAG and AAPG, with specific focus in the 2010 Durango AAPG meeting on exploration, coincidently are specific to areas where RSOS has significant leasehold.  A few of these concepts are:

 

  • Permian White Rim sandstone regional truncation (seismically defined) provides several structural and stratigraphic traps resulting from drapes over anticlinal plunge.

 

    • This regional truncation of Permian White Rim sandstone on RSOC acreage lies between two analogs, the Rangely oil field (currently has produced over 900 million barrels of oil from the Permian Weber a White Rim equivalent) about 120 miles northeast of RSOC's prospective White Rim sandstone area and the Tar Sand Triangle a truncated White Rim sandstone feature lies approximately 150 miles southwest reported by the USGS to have had over 8 billion barrels of oil before it was breached.

 

  • Permian Cedar Mesa dune field dune structures trapped by interdunal ponding and calcareous deposits.

 

    • A recent study by Aramco and Langford provide world-class analog for this exploration concept on RSOS's acreage on Yellow Cat anticline in Grand County, Utah. Using the outcrops of the Permian Cedar Mesa sandstone southwest of Moab, Utah Aramco and Langford demonstrate an exploration model for Haradh Unayzah gas field (one of the worlds largest gas fields). According to Aramco and Langford this field produces from an equivalent Permian formation and is trapped by interdunal stratigraphy positively positioned transverse to anticline plunge.

 

  • Jurassic Page and Navajo Thrustbelt Stratigraphic and Structural plays.

 

    • Recently a review of new data about the Covent Field discovery indicates that the primary zone of production is not the Navajo but the Page sandstone and has a significant element of stratigraphy that creates possibility of stratigraphic traps as well as structural eliminating the element of having to have east dip for trap to be effective.  This new data opens up a significant amount of RSOC's acreage to this major stratigraphic trend.