OTC MKTS: BBEPQ

Ark-La-Tex

Overview

Ark-La-Tex includes properties located in east Texas, northern Louisiana and southern Arkansas. These properties produce from formations including the Cotton Valley Sand, Haynesville Sand, Woodbine Sand and Smackover Carbonate.  Our operations are highlighted by our position in the historic East Texas Oil Field. This field is a legacy oil field with approximately 7 billion barrels of OOIP.  The wells exhibit low decline rates of 6%-8% and require very low maintenance capital. We have interests in 3,043 productive wells across 122,172 gross acres in Ark-La-Tex.

Recent History in Ark-La-Tex

  • In November 2014, Breitburn completed the acquisition of QR Energy, LP, including QR Energy’s oil and gas properties in Ark-La-Tex.

2016 Results

  • Estimated proved reserves in Ark-La-Tex of
  • 34.4 MMBoe represented approximately 17% of Breitburn's total estimated proved reserves
  • Average daily production was approximately 10.7 MBoe/d
  • Commodity mix: 46% oil, 12% NGLs, 42% natural gas
  • Year-end reserve mix: 94% PD, 6% PUD