A Nicole Koliastasis
Corpus Christi, TX (USA)
Role(s):
Manager/Supervisor
South Texas Oil & Gas, LLC
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Startup
Location:
Corpus Christi
Industry:
Energy
Year Founded:
2019
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
South Texas’ explosive growth in unconventional shale development left behind a
valuable and high-quality inventory of conventional shallow prospects for evaluation and drilling. Full
cycle finding and development costs for this project will be extremely low, given the paucity of
conventional drilling overall. STXOG maintains that the key to economic success is low finding and
development costs that can withstand periodic fluctuations in hydrocarbon prices. STXOG has
validated that there is a substantial inventory of overlooked shallow conventional prospects in its
targeted area to be high graded further.