Oil & Gascapitalconcentrates on developing its portfolio on Spanish territory. We currently holdeight research permitsin the valley of the Guadalquivir River, the Prebetic zone in South-East Spain and in the La Mancha region. In all this covers an area of more than190,000 hectares..
Esteros, Almorada and Nava
These are the three segments of an exploration project in the foreland basin of the Iberian Ranges, an area that is virtually unexplored.
Escorpio & Acuario
These two permits are located in the Internal Prebetic zone within the Murcia Region.Oil & Gascapitalbased its projects on gas discoveries made in the boreholes Rio Segura G-1 and Murcia B-1, drilled on a large scale anticlinal structure, defined on the basis of good coverage by 2D seismic lines.
Located north-east from the Escorpio and Acuario projects, Leo covers the same stratigraphic series with similar potential, based on important structural closures. The numerous Mesozoic reservoirs are presumably fed by source rocks from the Lower Cretaceous and the Jurassic, according to data obtained from research boreholes that indicate the presence of oil and gasin the area.
The Guadalquivir Basin in Southern Spain is one of the most explored and best known areas of the Iberian Peninsula. Its exploration has led to the discovery of many small, shallow reservoirs of biogenic gas. The reservoirs of the basin are located in a complex turbidic Miocene system. Based on experience, thesuccess ratedue to special seismic exploration processes within this system is approximately 75%.
These projects are located in an unexplored area. Seismic data reveal the presence of structural traps in Mesozoic sandstones and carbonatesbeneath an excellent regional seal. Geochemical analysis carried out byOil & Gascapitalshows evidence of the presence ofthree source rocks.