Nettlecombe Oil Co Email Format

Oil and GasTexas, United States2-10 Employees

Nettlecombe Oil Co is a small oil and gas company based in Houston, Texas, with 2-10 employees. The firm concentrates on exploring for oil and natural gas in the Miocene, Frio, and Yegua sands in Texas, prioritizing shallow and intermediate-depth sand prospects supported by seismic data. It generates prospects from a large seismic data base and uses Lease Bank funding partners to obtain leaseholds and to cover overhead and expenses such as landman and survey. The company sells promoted Working Interests, typically on a cash plus back-in after payout basis, with the operator taking a significant Working Interest; once a prospect is sold, it is turned over to the operator to drill and produce the well. Prospect generation is pursued with subsurface geology and elements of petroleum engineering, and the company maintains industry associations in geophysics & geology, petroleum engineering, land & legal, and prospect economic evaluations & feasibility studies.

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