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Alfaro Oil & Gas Makes a Splash in the Barnett Combo

Top Quote Alfaro Oil & Gas was founded by oil entrepreneur Brian Alfaro in 2006. Alfaro Oil & Gas is a Texas based company that was created to provide partners of Alfaro Oil and Gas with the highest quality oil and gas prospects available. Alfaro Oil & Gas' approach is based upon sound geologic and economic fundamentals through the use of an extensive multi-tiered process which includes major input. End Quote
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    Quote The Barnett Combo has acted as an important source and sealing cap rock for conventional oil and gas reservoirs in the area since the 20th century! Quote
  • (1888PressRelease) August 25, 2011 - San Antonio, TX - Alfaro Oil & Gas, founded by Brian Alfaro in 2006, has completed drilling one well in the Barnett Combo shale and is currently in the process of completing two more wells.

    Alfaro Oil & Gas announced their success in completing the first well in January of 2011 and has since announced the drilling of two forthcoming wells with the potential for more. The first well completed by Alfaro Oil & Gas, the French Town #2-H well, was drilled to a total depth of approximately 12,000 feet on January 7, 2010. At the time of that announcement, the casing had been set and cemented. A full log demonstrated that hydrocarbons (natural gas) were encountered beginning at a depth of 6,718 feet, all the way through total depth.

    The Barnett formation, located in Texas, is also referred to as the Barnett Combo shale oil play due to the presence of both oil and natural gas in certain parts of the formation. With the increased global push to utilize greener energy sources, the demand for natural gas continues to grow. The Barnett Shale, according to some experts, is the largest onshore natural gas field in the United States.

    The productive part of the formation is near the cities of Dallas and Fort Worth and covers 5,000 square miles and at least 18 counties. Alfaro Oil & Gas is in the process of completing two additional wells on their 509-acre lease. Alfaro Oil & Gas secured the help of one of the most respected operators within the Barnett Combo to head up their well drilling, Pat Canan.

    The Barnett Combo has acted as an important source and sealing cap rock for conventional oil and gas reservoirs in the area since the early 20th century. However, the potential of the Barnett Shale as a reservoir was realized in the 1980s due to new advances in horizontal drilling and well fracturing technology. It wasn't until the 1990s that significant drilling began in response to the increase in gas prices. The continued success of independents as well as major oil companies within the Barnett Shale has made the area a "hot spot" for resource exploration.

    Alfaro Oil & Gas, longtime leaders in the industry, is committed to providing their partners with the highest quality oil and gas prospects available. They knew the hydrocarbon-producing geological formation known as the Barnett Combo was a prospect representative of Alfaro Oil & Gas' ongoing dedication and commitment to returning a profit to its shareholders and program investors.

    About Alfaro Oil & Gas

    Alfaro Oil & Gas' commitment to this process is achieved mainly through the use of 3-D imaging technology, pre-stacked time migration and AVO imaging technology as well as drilling in proven fields. Alfaro Oil & Gas is continually pursuing partnerships with other highly regarded companies to drill and develop potentially productive properties, giving them a clear-cut advantage on the competition.

    For additional information, contact:
    Brian Alfaro
    Alfaro Oil & Gas, LLC
    21022 Gathering Oak, Suite 2103
    San Antonio, Texas 78260
    (210) 490-8200
    Brian ( @ ) alfaroenergycorp dot com
    http://www.alfaroenergycorp.com

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