Millenium Data for Business

For the past six years, Texas Allied Petroleum has been in the oil and natural gas exploration and production in Kansas, Wyoming, Oklahoma, Louisiana and Texas. Its primary drilling is focused on the low to mid-risk opportunities from 1,000’ to 10,000’. In its early years, the corporation is mainly focus on natural gas exploration. But due to the peaked prices and steady decline of natural gas in 2008, TAP shifted to oil production. Its current objective is to achieve a 50/50 mix of natural gas and oil which is a more diversified approach to create a more consistent revenue stream.

Nowadays, Texas Allied Petroleum produces an approximately 500,000 cubic feet of natural gas from their various reserves. It has been fairly successful in its endeavors to keep the gas supply steady. In February 2010, TAP attained another accomplishment when it completed the 2,200 ft deep well Wilson/Todd Well in Coffee County, Kansas. The corporation has also recently bagged a lease for oil and gas production in the Henry Crooks Survey covering an area of 300 acres situated in Lavaca County in the state of Texas with plans to develop 4 wells in Yegua sand. This will enhance further the functionality of the growing enterprise.

Texas Allied Petroleum also offers their expertise for drilling and testing wells. It has recently announced that the reworking of its fields situated in Wyoming was successful and is now taking out 100 barrels of oil per day from the Herrick, Cooper Cover and Little Laramie Fields.