Kelsey Deep Field, situated near Alice, Tx., was discovered in 1944. The field has produced in excess of 40 Bcf of gas. The field is currently producing 40 Mcf/d with three gas stripper wells still on production. The field is a large rollover anticline with production from the Frio formation. It is a low cost operation as all wells are flowing and very little maintenance is required. JP Oil has been operating the field for more than 10 years and within the first six months of operation, the cost of the acquisition had been recovered.

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