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United States: Tight Oil Development

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JAPEX participates in several tight (shale) oil development projects in the southern area of Texas, USA. Development interests are held through our local subsidiary, JAPEX (U.S.) Corp. (JUS).

Overview

  • Under development/production: Tight oil (Shale oil)

tightoil_productionsite.png

Production site of tight oil development

Basic Information

  • Location: Southern area of Texas, United States (Eagle Ford formation), and southern area of Oklahoma, United States(Woodford formation)
  • Operator: Marathon Oil Corporation, EOG Resources Inc., etc.
  • JAPEX project company: Japex (U.S.) Corp. (JUS: Consolidated subsidiary, investment ratio 100%)
  • Participating interest: Varies depending on areas (Minority interests)

JUSinterest_map_e.png

Area of development interests held by JUS (Texas/Oklahoma, United States)

History

* Events after our participation only

  • August 2012: Acquired development interests of southern Texas (Eagle Ford formation) through JUS.
  • January 2013: Acquired additional development interests in areas around previously acquired blocks through JUS.
  • January 2022: Acquired wellbore interests of southern Texas (Eagle Ford formation) through JUS.
  • May 2022: Decided to acquire wellbore interests of southern Texas (Eagle Ford formation) and southern Oklahoma (Woodford formation) through JUS.
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