Ergon Exploration Inc.
About
Since 1977, Ergon Exploration Inc. has been exploring for natural gas and oil as an operator and working interest owner, initially with the Monroe Field in Northern Louisiana. More recently, Ergon's primary development activity was centered on the Wolf Creek prospect in East Texas operated by Ergon Energy Partners LP (EEP), a wholly owned limited partnership. Utilizing horizontal drilling techniques at depths of over 13,000 feet, EEP developed the Austin chalk zone, traversing clusters of small fractures within the brittle chalk in addition to other hydrocarbon-rich sands in the area. Extensive log analysis helped EEP determine the potential oil and gas while drilling and enhance 3-D and 2-D seismic information with actual drilling data, improving the probability of success.
Ergon Exploration and its subsidiary, EEP, are affiliates of Ergon Inc., which is a group of privately held companies that operate under seven primary business segments: Refining and Marketing, Specialty Chemicals, Asphalt and Emulsions, Oil and Gas, Midstream and Logistics, Construction and Real Estate, and Corporate and Other.
Editor's note: Updated July 25, 2019.
Transactions
Marketed: Terryville Lower Cotton Valley Non-Producing Leasehold
Marketed: Terryville Lower Cotton Valley Non-Producing Leasehold
Marketed: Louisiana Terryville Lower Cotton Valley Operations, Leasehold
Marketed: Louisiana Terryville Lower Cotton Valley Operations, Leasehold
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News
Marketed: Terryville Lower Cotton Valley Non-Producing Leasehold
Ergon Exploration retained EnergyNet for the sale of non-producing Louisiana leasehold within the prolific Terryville Lower Cotton Valley Trend through a sealed-bid offering closing Sept. 19.
Marketed: Louisiana Terryville Lower Cotton Valley Operations, Leasehold
Ergon Exploration retained EnergyNet for the sale of assets in the Terryville Lower Cotton Valley trend in Northern Louisiana through a sealed-bid offering closing Aug. 29.