indepth exploration llc
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Indepth Exploration was founded on solid principles and the application of the latest state-of-the-art drilling and product technologies. This is a fundamental part of our business philosophy and daily operations.TRANSCRIPT
Indepth Exploration LLC
Indepth Exploration was founded on solid principles and the application of the latest stateoftheart drilling and product technologies.
Percentage depletion for oil and gas properties is limited to independent producers and royalty owners for daily production up to 1,000 barrels of crude oil or an equivalent amount of natural gas.
We offer working interest through partnerships that are registered with the Securities Exchange Commission and offer potential monthly cash flow and excellent intangible and tangible tax deductions.
Indepth Exploration Overview
Indepth Exploration’s experience embraces the full spectrum of oil and gas activity, including onshore multiple well, multilateral horizontal and vertical drilling projects.
We have handson field experience in all aspects of exploration, recovery, development and production of oil and gas properties, as well as industryspecific financing and investor relations.
We are a Third Generation oil and gas family with over 3000 onshore and offshore wells drilled across the globe, starting in 1950.
Types Of Indepth Exploration LLC
Considering Oil and Gas Investments: Indepth Exploration’s team is made up of experienced Geophysicists,Petroleum,Reservoir, Operation & Drilling Engineers, Certified Public Accountants, Financial Analysts, and Management team.
Independent Oil and Gas Producers : Most Smaller Independent Operators, which drill the majority of the wells in the U.S., provide direct participation working interest in the wellbore for investors.
Intangible Oil & Gas Drilling Costs : Since drilling wells is the only finding oil and natural gas, IDCs essentially amount to what any other industry would be able to deduct as a part of its cost of goods sold, a concept of accounting and tax law as old as the tax code itself.
Oil & Gas Production Depletion Allowance : Independent producers and royalty owners can claim percentage depletion of 15% on domestic production.
Indepth Exploration Operations Indepth Exploration has access to these oil and gas opportunities through strong relationships nurtured over the years with sellers.
We utilize All Technology 2D, 3D and 4D seismic shoots on drilling programs that require that application.
All Technology For Indepth Exploration Operations
1. 4D Seismic Imaging2. Advanced 3D Seismic Interpretation3. 2D Seismic3. Hydraulic Fracturing4. Slimhole Drilling (Micro or Small Hole)5. MWD Tools (Measurement While Drilling)6. Underbalanced Drilling
4D Seismic Imaging
4D with zero timelapse, meaning no productioninduced subsurface change, is a repeatability study.
Advanced 3D Seismic Interpretation
3D seismic interpretation which relies on the use of 3D surveys which provide visualizations of structures in three dimensions.
2D Seismic
This is the oldest type of seismic, and is called “2D” seismic, because the image has an x and y dimension, but no z dimension.
Hydraulic Fracturing
Slimhole Drilling (Micro or Small Hole)
Slimhole drilling, at least 90 percent of a well must be drilled with a drill bit less than six inches in diameter.
MWD Tools (Measurement While Drilling)
MWD systems allow for the collection of data from the bottom of a well as it is being drilled.
Underbalanced Drilling
Underbalanced drilling is technique that hydrostatic pressure from drilling mud is less than reservoir pressure
Contact UsVisit our Investor Center Page for more in depth information about oil and gas investments and the technology we apply on our drilling programs.
Indepth Exploration USADuane Stephens Managing Partner515 Sam Houston Pkwy, Suite 300Houston, Texas 77060Phone : (281) 2722272TollFree: (888) 5995658Mobile: (832) 9480372FAX: (832) 2010303Email: [email protected]