Paper: The Development of a marginal Clearfork Waterflood Prospect

The effect of depressed oil and gas prices on investors' confidence has been reflected by the low activity levels in the Permian Basin as elsewhere. Yet, even during the 1986-87 period viable projects were available to the industrious and imaginative. One example is the Wentz (Clearfork) Field where a small independent operator recognized potential in what appeared to be a very marginal waterflood prospect. Through data gathering and engineering, the potential was documented to the point that investor funding became available. A cooperative waterflood plan was agreed to with the field's other operator. The project was installed with an emphasis on practicality, cost savings and attention to details. injection, production response is exceeding expectations