Millions of barrels of oil produced from the Permian Basin, including New Mexico, and Eddy & Lea Counties.
Dallas TX (PRWEB) April 22, 2009 -- Giant Operating LLC, an Independent Oil & Gas exploration and drilling company based in Irving, Texas, reported that they will start drilling the New Mexico wells 9 & 10, Energy USA and the Matagorda 3-well drilling programs in the near future in Eddy & Lea counties, New Mexico.
Giant also reports that they are increasing their current producing wells oil production by using the services of Bio-Tech Inc.
The Hanagan State well was producing 5bpd with well head pressure of 20lbs. After super flooding the well with Bio-Tech enzymes, oil production increased to 30bpd and has leveled out to 20bpd, with well head pressure increasing to 90lbs. The Hanagan oil quality has improved with very low water content. The Bio-Tech treatment has been so successful, Giant Operating, LLC is now beginning treatment of all remaining wells in the Malaga field.
