DDD Exploration, Inc.
Amarillo, Texas, United States
DDD Exploration, Inc.
!
OIL AND GAS EXPLORATION in Texas and Oklahoma
About DDD Exploration, Inc.
DDD Exploration, Inc. operates, explores for and develops oil and gas reserves in Texas and Oklahoma.
DDD Exploration, Inc. (pronounced 3-D Exploration) is a subchapter S corporation created in 1991 to explore for oil and gas using 3-D seismic data. We are experts in acquisition, processing and interpretation of 3-D seismic data.
DDD Exploration shot the first 3-D seismic surveys in Hardeman County, TX (1991), Jackson County, OK (1992) and Chaves County, NM (1992).
Thomas and Franklin Ratliff cofounded DDD Exploration in 1991. Thomas was working as a production geophysicist for Mobil E&P and Franklin was working as an attorney for a law firm in Lubbock, TX before quitting their jobs to form the company.
DDD Exploration was initially based in Midland, TX before moving the company to Lubbock, TX in 1992 and finally to Amarillo, TX in 1995 where it is presently headquartered.
DDD Exploration has shot hundreds of square miles of 3-D seismic and has discovered millions of barrels of oil. DDD Exploration discovered and drilled the largest well ever found in Jackson County, OK (the Ratliff operated Hankins #1 has flowed over 957 MBO to date).
DDD Exploration is presently the largest oil producer in Hartley County TX, the 2'nd largest oil producer in the Dalhart Basin, the 6th largest oil producer in the Hardeman Basin, and the 22'nd largest oil producer in the Texas Panhandle.
Description of Services
DDD EXPLORATION HIGHLIGHTS
- DDD Exploration shot the first 3-D seismic survey in Hardeman County, TX (1991)
- DDD Exploration shot the first 3-D seismic survey in Jackson County, OK (1992)
- DDD Exploration shot the first 3-D seismic survey in Chaves County, NM (1992)
- DDD Exploration discovered and drilled the largest producing oil well in Jackson County, OK. The Ratliff Operated Hankins #1 has flowed over 957,000 barrels of oil to date from the Mississippian at a depth of 8561'.
- DDD Exploration is the largest oil producer in Hartley County, TX.
- DDD Exploration is the 2'nd largest oil producer in the Dalhart Basin.
- DDD Exploration is the 6'th largest oil producer in the Hardeman Basin.
- DDD Exploration is the 22'nd largest oil producer in the Texas Panhandle.
What we do
VERTICAL WELLS
We find oil and gas the old fashioned way by looking for good reservoirs and traps and drilling economic vertical wells.
IN HOUSE PROSPECTS
All of our drilling prospects are generated in house and all our production comes from the drilling and producing of prospects we have generated.
WHERE WE DRILL
Our niche areas are the Texas Panhandle and the Hardeman Basin.
WINNING RECORD
We know our niche areas very well and have enjoyed tremendous success in them.
DDD Exploration is presently
✓ the LARGEST oil producer in Hartley County (TX)
✓ the 2'nd LARGEST oil producer in the Dalhart Basin
✓ the 6'th LARGEST oil producer in the Hardeman Basin
✓ the 22'nd LARGEST oil producer in the Texas Panhandle
Life at DDD Exploration, Inc.
CURRENT PROJECTS
- BELL PROSPECT
The Bell Prospect is located in the Hardeman Basin, only 3500' from new Mississippian discovery!
It is located less than 2 miles from three Mississippian wells that have produced over 500,000 BO!
- REHM FIELD
DEVELOPMENT PROJECT
The Rehm Field (located in Hartley County, TX) was discovered by Standard Oil in 1954 and was plugged and abandoned in 1971 after producing 732 MBO from seven wells out of the Canyon Granite Wash at a depth of 6100'.
3-D seismic showed this old abandoned field was a large structure where only a small portion of it had been drilled and produced.
DDD Exploration is presently developing this field and has produced over 350 MBO to date. DDD Exploration still has over 20 locations left to drill.
CURRENT EXPLORATION:
DDD Exploration, Inc. is currently exploring for oil in the Dalhart and Hardeman basins. DDD Exploration likes these basins because they are relatively inexpensive to work in, very challenging geologically and geophysically, and have home run potential!
- HOME RUN POTENTIAL
Hardeman and Dalhart Basins
There have been 16 wells drilled in the Hardeman Basin (all less than 9000' deep) and 6 wells drilled in the Dalhart Basin (all less than 7000' deep) that have produced over one million barrels of oil to date!
- HIGH PRODUCERS
Hardeman and Dalhart Basins
These are single conventional vertical wells! Of course, there are many more excellent wells that have produced less than a million barrels of oil in these two basins.
