TheCraftCompanies
Oil & Energy - Destin, Florida, United States
TheCraftCompanies Employees
TheCraftCompanies Details
We find oil and gas for our investing co-owners and ourselves. 34 Newly Discovered Fields/Extensions since '06.We aggressively pursue new oil and gas production in the Gulf Coast Region focusing on new high reward oil field discoveries, extensions, development and production from the prolific Gulf Coast strata - on-shore U.S. - private - sweet - low cost -normal pressure - high production rate - the best production U.S. onshore safety provides.We are very successful at both in-house generation and in participating with other oil companies through the discovery development and production of both:New Oil Fields and New Field Extensions.Since 1968, 44 Newly Discovered Oil Fields & Field ExtensionsSince 2006,* 34 Newly Discovered Oil Fields & Field Extensions (2006-2015)* 21 Generated By Craft Companies In-House (21 of the 34)* 92 new oil well completions (from the 34 New Fields)* 266 Barrels Oil and 249 MCF Gas per day per well: Average Initial Production Rate (from the 92 new wells)* depths from 6,000 - 16,000'* avg. AFE'S of $1.0 Million Drilling and $0.8 Million CompletionWe quietly pursue and manage generation, leasing, drilling and production with its own and co-owners private funding, as it has done since 1968. With oil prices on the rise again, we strive to increase aggressiveness on top projects with select companies and co-owners.Our companies pursue and develop Oil and Gas and Real Estate, for our partners, investors, and ourselves.As we have done since 1968, our Oil and Gas companies always lead the way, making new oil field discoveriesacross the lucrative and profitable Gulf Coast states arena, on Private lands , onshore U.S. We find and capture Private U.S. Oil assets and the result is the creation of a very secure asset base with very secure cash flow for our partners, our investors and ourselves. Security .... from inception to completion to cash flow and oil asset creation is all private.
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