Fossil
Oil & Gas Management, LLC. is an independent oil
and gas management company providing oil and natural
gas investment opportunities for oil and gas production
in high volume fields based on 3D seismic technology.
Fossil Oil brings added confidence to our investors
and joint venture partners with management having over
38 years experience serving the Texas and Louisiana
Gulf Coast, south Texas, Mid-Continent areas of Kansas,
and Oklahoma.
The
oil and gas industry has never been better in its 150
year existence. Oil companies are experiencing record
profits. The industry appears to be revisiting the oil
boom of the early 20th century but with far greater
results with Natural Gas as an added commodity! With
the global demand for energy, the tightening supply
and lingering energy bill in our own country, along
with the tax write
offs incentive in the tax code to stimulate private
sector oil and gas investment, the opportunities are
astounding for those who are forward looking. The current
environment for oil and gas exploration is ideal. Industry
pundits predict worldwide consumption to be 115 million
barrels of oil a day by 2030, a huge increase from current
demand of 85 million barrels.
World
competition for fossil fuel sources is high, yet, big
oil companies have reduced their drilling budgets from
30% in the mid-90's to 18% today, while our industry’s
geological and engineering workforce has diminished
from 800,000 employees in the 1980's to 285,000 in 2006.
Meanwhile,
much of today’s world's oil has been nationalized,
leaving the major USA oil companies scrambling for incredibly
expensive international and deep water projects (Outer
Continental Shelf – Gulf of Mexico). Thus, with
the absence of the major oil companies, “the playing
field has been leveled” and huge opportunities
prevail for companies like Fossil Oil & Gas and
its partner, New Century Exploration, to utilize their
skills, experience, and 3D seismic technology to explore
these vast onshore opportunities. We
encourage you
- don't let times of high profit taking in this industry
pass you by.
Get Involved!
You have to own
Oil and Gas to reap the rewards!
Our goal is to participate along side our joint venture
partners in properties that make sound risk/reward sense,
properties that meet our high economic goals and properties
supported by the latest 3D
seismic
technology.
IMPORTANT
NOTICE!
Fossil Oil & Gas Management,
LLC owns a working interest in thousands of
acres within a strategic portion of the Deep
Bossier Trend in East Texas. The Bossier Shale
is referred to as the Haynesville Shale in North
Louisiana. Several large Deep Bossier fields
have been discovered recently and numerous wells
are being drilled near our acreage. Some of
the biggest gas wells found recently in the
USA have been in this area with initial rates
over 50,000,000 cubic feet of gas per day. In
addition to Bossier potential, Fossil’s
acreage contains sizable Proved Reserves in
multiple stacked shallower zones, i.e., Rodessa
and Pettit, Sub-Clarksville and Woodbine sands.
The Fossil-Rodessa Multi-Well JV will drill
15 Rodessa wells classified as Proven Undeveloped
(PUD) locations.
*Login
and Password Required for all Drilling &
Completion Reports!
11/18/08–
The Fossil – Gripp #1 well
(Una Mas Prospect) in Victoria County, Texas
(part of the 10 Well Multi-Well JV) (DRILLED
TO TD, LOGGED NEW OIL/GAS DISCOVERY, PRODUCING
GAS) Investors can review the
Executive Summary of this 7,000’ Gulf
Coast well in the Report Section for this JV
(CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/15/08–
The 2007 Fossil –Year End Joint
Venture (part of the 2007 Year End
10 Well Multi-Well JV) A special notice has
been posted for your review. (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/14/08–
The Horelica
#2 well in Ft. Bend County, Texas (DRILLED,
TESTED, COMPLETED, PRODUCED GAS, RE-COMPLETED,
CURRENTLY PRODUCING GAS) reported
production totals continue to accumulate and
are tallied in the Report Section for this JV
(CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/14/08
- Fossil – Horelica #1A-ST well
in Fort Bend County, Texas (DRILLED,
TESTED, COMPLETED, PRODUCING GAS AND OIL)
reported the work to install a gas lift system
and separate Gas Meter and Separator has been
completed and hooked up. Workover procedures
to eliminate a “loaded up” situation
successfully removed a “bridge”.
Details can be reviewed in the Report Section
for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
11/13/08
- FOSSIL-ARCO FEE #1-R Well
(part of the Fossil-Texas Oilfield Producing
Wells JV) in Tyler County, Texas (PRODUCING
OIL AND NATUAL GAS DAILY) reported
that workover activity was successful and this
well is producing both crude oil and natural
gas daily. Investors can review the Production
Charts and the Executive Summary in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/13/08
- FOSSIL - LITTLE – ARCO #1 -
T Well (part
of the Fossil-Texas Oilfield Producing Wells
JV) in
Tyler County, Texas (PRODUCING NATURAL GAS AND
OIL) Investors can review the
Executive Summary in the Report Section for
this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
11/10/08–
FOSSIL - SPINDLETOP #1 WELL
(part of the 2007 Year-End Multi-Well JV) has
received approval by JV investors to replace
the Cage Ranch East #1 well (majority JV vote)
(DRILLED AND
TESTED). Investors can review
the Special Report in the Report Section for
this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/3/08
- Fossil–Barham #1 well
in Calcasieu Parish, Louisiana (DRILLED,
TESTED, COMPLETED, PRODUCED GAS, AND RE-COMPLETED
IN A NEW ZONE AND PRODUCING GAS)
continues to be a consistent and steady producer
of natural gas and the daily production chart
can be reviewed on the Report Section for this
JV(CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
11/3/08 - The Fossil-Dobbs Ranch #1
well in Lavaca County, Texas (DRILLED,
TESTED, COMPLETED, TESTING AND PRODUCING GAS)
continues to be a consistent and steady producer
of natural gas and the daily production chart
can be reviewed on the Report Section for this
JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
11/1/08
- Fossil-Thibodeaux #1 well
in Calcasieu Parish, Louisiana (part of the
10 Well Multi-Well JV) (DRILLED,
TESTED, COMPLETED, GAS PIPELINE CONNECTED AND
PRODUCING GAS) reports that
the Operator, New Century Exploration has completed
the pipeline hookup and gas meter and continues
to be a consistent and steady producer of natural
gas and the daily production chart can be reviewed
on the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
10/31/08– The Fossil-Forgason
#1 well in Wharton County, Texas (DRILLED,
TESTED, COMPLETED, PRODUCING GAS)
continues to be a consistent and steady producer
of natural gas and the daily production chart
can be reviewed on the report site. (Click
to go directly to this well’s Report Link.)
10/30/08
- Fossil-Cage West #1 well
in Brooks County, Texas (DRILLED,
TESTED, COMPLETED, FRAC’D ZONE, HOOKED
UP COMPRESSOR, PRODUCING GAS, CURRENTLY MOVING
TO A NEW ZONE TO INCREASE PRODUCTION)
Production Charts can be reviewed in the Report
Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
10/22/08– The Fossil – Ann–Fitz
#4-Alt Well (Port Hudson Field) in
East Baton Rouge Parish, Louisiana (DRILLED,
TESTED, COMPLETED AND SEEKING SALTWATER DISPOSAL
WELL) Investors can review the
Executive Summary in the Report Section for
this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
10/20/08-
FOSSIL – Red Rose and/or White
Rose WELL (part of the 2007 Year-End
Multi-Well JV) Fossil management has decided
to drill one of these two wells as of the result
of the disappointment in drilling the BP #1
Well. Whichever well becomes ready to drill
will be the well included back into this JV.
(WAITING FOR
FINAL RIGHT OF WAY AND THE DRILLING RIG TO ARRIVE
AND RIG UP). Investors can review
the Special Report in the Report Section for
this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK).
9/10/08–
Fossil – Eleanor #1 well
(Yellow Rose Prospect) located in Jefferson
County, Texas (part of the 10 Well Multi-Well
JV) (WAITING TO
FINALIZE RIGHTS OF WAY AND ROAD LOCATION MATTERS
WITH THE SURFACE OWNER) reported
news regarding drilling rig schedules and that
progress is being made with the surface owners
for right of way permits which can be reviewed
in the Report Section for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
7/21/08–
The Fossil – Gilbert #1 Well
(Sarah White Prospect) in Galveston County,
Texas (DRILLED,
TESTED AND COMPLETION PROCEDURE IN PLACE, WORKOVER
RIG ON LOCATION AND HAS COMMENCED INITIAL COMPLETION
ATTEMPT) Investors can review
the Executive Summary in the Report Section
for this JV (CLICK
HERE TO GO DIRECTLY TO THE REPORT LINK)
Fossil Oil & Gas Management , LLC is an
independent oil and gas management company providing
high quality direct participation (Joint Ventures)
opportunities for non-industry accredited investors
seeking lower risk yet realistic economic returns
on their investment capital.
Multiple
Oil and Gas Well Drilling and Producing
JVs
Fossil
Oil & Gas Management, LLC. is an independent oil
and gas management company providing oil and natural
gas investment opportunities for oil and gas production
in high volume fields based on 3D seismic technology.
Fossil Oil brings added confidence to our investors
and joint venture partners with management having over
38 years experience serving the Texas and Louisiana
Gulf Coast, south Texas, Mid-Continent areas of Kansas,
and Oklahoma.
11/18/08–
The Fossil – Gripp #1 well
(Una Mas Prospect) in Victoria County, Texas
(part of the 10 Well Multi-Well JV) (DRILLED
TO TD, LOGGED NEW OIL/GAS DISCOVERY, PRODUCING
GAS) Investors can review the
Executive Summary of this 7,000’ Gulf
Coast well in the Report Section for this JV
(
11/10/08–
FOSSIL - SPINDLETOP #1 WELL
(part of the 2007 Year-End Multi-Well JV) has
received approval by JV investors to replace
the Cage Ranch East #1 well (majority JV vote)
(DRILLED AND
TESTED). Investors can review
the Special Report in the Report Section for
this JV (
10/20/08-
FOSSIL – Red Rose and/or White
Rose WELL (part of the 2007 Year-End
Multi-Well JV) Fossil management has decided
to drill one of these two wells as of the result
of the disappointment in drilling the BP #1
Well. Whichever well becomes ready to drill
will be the well included back into this JV.
(WAITING FOR
FINAL RIGHT OF WAY AND THE DRILLING RIG TO ARRIVE
AND RIG UP). Investors can review
the Special Report in the Report Section for
this JV 
7/21/08–
The Fossil – Gilbert #1 Well
(Sarah White Prospect) in Galveston County,
Texas (DRILLED,
TESTED AND COMPLETION PROCEDURE IN PLACE, WORKOVER
RIG ON LOCATION AND HAS COMMENCED INITIAL COMPLETION
ATTEMPT) Investors can review
the Executive Summary in the Report Section
for this JV (
