Illinois Oil Wells For Sale

Illinois oil wells for sale and it s background a brief history of oil well exploration in illinois starts with the illinois oil basin.

Illinois oil wells for sale. Search for active oil gas assets or call 713 650 1212. Oil flows from the reservoir into the 4 to 8 inch pipe in the oil well. Oil gas drilling prospectkmk oil gas inc. This major structural feature with infinite number of subtle folds and faults caused by basin subsidence played a vital role in crude oil accumulation within the illinois basin.

Formerly the exploration of oil wells in illinois was based on drilling large structural features within. Unsuccessful wells called dry holes are filled with cement and plugged to protect the groundwater. Drilling for oil has always been a risky financial venture because fewer than half of the holes drilled in illinois actually strike enough oil to repay the drilling costs. Oil well flowing from lime formation in illinois.

This major structural element with infinite group of refined folds and problems brought on by basin subsidence played a crucial role in crude oil deposition within the illinois basin. Barren county 529 acres 7 oil wells equipped drilled to fort payne zone. Refine your search by location industry or asking price using the. In addition to oil and gas records from the isgs wells database users can view other data layers like producing horizons samples core analysis data structure contours waterflood areas and oil fields.

Illinois oil wells for sale. Oil gas wells for sale. 2500 acres 50 wells 19 operating producing 46 to 50 barrels of oil day. Production from 8 to 10 blbs.

Illinois oil wells for sale. Need reworked rod and tubing work. Whether you are looking to buy a illinois oil well for sale or sell your illinois oil well bizquest is the internet s leading illinois oil well for sale marketplace. Bizquest has more illinois oil well for sale listings than any other source.

These wells produced swamp gas or drift gas from glacial till but no oil. Up to 2000 acres. The history of oil well exploration in illinois begins with the illinois oil basin. Since 1853 approximately 155 000 oil gas and injection wells have been drilled in illinois.

The first attempt at drilling oil wells occurred near champaign illinois in 1853. Kmk business holdings for sale marion co tx asking price 4 250 000 00 price reduced from 5 0 million additional leasing expense 625 000 00 leasing additional acreage total amount 4 875 000 00this is an oil gas drilling prospect in ne texas marion co tx and the sales. Traditionally these well records have only been available during regular business hours at the geological records unit in champaign illinois.