Low-Cost, Safe and Environmentally Conscious Operations
Our portfolio of conventional assets from a long-life proven reserve base are operated by our sister company, Canton Oil Well Services, Inc. We are proud to boast that we have one of the most qualified teams in the industry managing our field operations. In fact, the team at Canton Oil Well Services has a combined history of operating oil and gas wells of over 150 years.
Our portfolio is comprised of approximately 500 conventional natural gas and oil producing wells. Our shallow-depth vertical wells produce from low permeability reservoirs sitting above and within the prolific Marcellus and Utica shale formations of the Appalachian Basin. The wells have long-term low decline rates with little water content, resulting in an average well life of ~40 to 50 years.
Community and the Environment
Acting with integrity is the cornerstone of how we run our business. We live and play within the communities we operate, which is why we take care in managing our assets and our impact on the environment. Those who work for any of our companies are family, and we are committed to keeping everyone safe by providing them with the best work environment possible.
The environmental impact of our business is extremely important to us and we take care to manage our operations accordingly. We are continually looking for ways to minimize our impact while producing the cost-effective resource that our country was built on. We are proud of our track record and take our environmental responsibilities seriously.