CAN NMR FIND VIRGIN OIL IN NEVER BEFORE EXPLORED AREAS?
We are not talking ordinary wildcatting. We are talking about finding new oil and gas reserves in areas of the world – on land and offshore – where no exploration has ever occurred. That question occurred to us many years ago while working to identify existing petroleum possibilities. Because all petroleum is hydrogen based, certain clues exist and are known to Numatex whereby we believe NMR has the capacity to identify virgin oil and gas in areas which have never been explored. Because of certain physical laws pertaining to its use, we do NOT necessarily claim to be able to identify the depth of certain new virgin ventures. We would not hesitate to exercise those clues under the sponsorship of a major petroleum company or any financial assistance from any source to pursue productive and financial success. We are not interested in wasting anyone’s money – it isn’t necessary or justifiable.
Pure wildcatting in areas of known oil and gas production has been our focus since 1992. The physical properties of NMR which we discovered and implemented in various locations since 1992 provide every reason to expand homogeneous wildcat production in areas of reasonable interest. Thomas Wiley’s successful 1992 L.M. Wigginton well was a wildcat, as were Numatex’s 2005 Norvell wells and 2006 Westerman, Russell, and Puryear wells adjacent to the Norvell property. An additional Puryear well was drilled in 2013. In the twelve wells drilled on those properties, approximately 150 oil shows of various productive potentials were encountered, and Numatex’s NMR applications prior to those drillings correctly predicted approximately 147 of the encounters, with three showing up by surprise due to non-previous acclimation. Now, those three are part of our library of molecular sourcing. In those twelve drillings, our NMR process also correctly various local zones which would NOT show up, and we were 100% correct in each case. These four properties are not carpeted border to border with oil with the same formations. Rather, small-to-large oil deposits meander through these properties, and without the benefit of NMR, they would each be unpredictable as to occurrence. For example, the Cypress sandstone showed up with varying porosities in eleven of the twelve wells; the O’Hara lime in six of the twelve, the Palestine sand in four of the twelve, the Tar Springs sand only twice, and the Paint Creek sand was seen for the very first time in the Puryear #3 with productive porosity and perm. Our patent makes the point that our NMR process will inform drillers where to drill for each zone, what areas to avoid, the anticipated porosities and permeabilities of each productive zone, and the outer borders of the productive formations, AS WELL AS the faulting by age rocks affecting each lease. Numatex NEVER drills into faults.