Tidal Petroleum
5501 Mid Cities Pkwy # 200, Schertz, Texas, United States

Tidal Petroleum was formed in June 1990 to engage in the acquisition, exploration, development, and production of oil and gas reserves in Texas. Over the last 28 years, Tidal has been recognized as a top producer in several different counties in this region.

We have concentrated our activities on the Gulf Coast in South Texas, which is home to some of the most prolific reserves in the United States. Tidal Petroleum operates with a ZERO debt structure, incorporating low overhead, low operating expenses and a streamlined management organization and is able to readily adapt to changing conditions in the petroleum industry.  Our focus leans toward deeper drilling programs containing horizontal laterals in order to decrease the risk of dry holes and increase longevity of production life. 3-D seismic surveys and state of the art fracturing technology are some of the everyday tools utilized by Tidal.  To date, Tidal Petroleum has drilled over 155 wells spanning 23 counties in south Texas.  Through 2017 we have produced over 2.1 million barrels of oil and 7.4 billion cubic feet of gas, totaling 3.4 million BOE.  We have been focused exclusively on exploration and production of Eagle Ford Shale since 2009.

We pride ourselves on personal attention and professionalism in dealing with our clients, contractors, land and mineral owners.  Our reputation has been impeccable over the last 26 years.  Tidal Petroleum sets itself apart from large corporate competitors by the relationships and open communication channels with its partners.  Our experienced management team, combined with innumerable contacts and consultants is 100% responsible for the research, exploration, completion and production processes in their entirety.  Every well in Tidal Petroleums history has been drilled, produced and operated by Tidal.  We have never packaged, promoted and flipped acreage in our companys history.  Our goal is to fully (and immediately) develop all acreage leased while preserving or improving the surface environment.  Tidal Petroleums ability to turnkey a prospect from lease acquisition to production is a major asset.  Controlling all aspects of the oil and gas process along with zero debt, give us a huge advantage on our competitors.

Tidal Petroleum Responsibilities

• 100% Working Interest
• Prospect Generation
• Permitting and Regulatory Reporting
• Geological and Mapping
• Engineering Operations
• Leasing and Land Work
• Drilling and Testing of all prospects
• Completion of all wells
• Operations of all properties

Areas of Operation   

Tidal Petroleum, with its in-house prospect evaluation, currently maintains an average of ten to twenty prospects in various stages of analysis, title verification, lease negotiation, or acquisition. We typically have concentrated on prospects that have fallen into four main target depths:  Since inception our activities have primarily remained in the South Texas coastal trends.

Before Drilling

Before you can begin drilling for hydrocarbons, there are a couple of issues that need to be resolved. For example, where will the drill rig be placed? On whose land? Do you have permission? Do you own the mineral rights to remove the hydrocarbons once they are discovered? Have you obtained the proper permits from a myriad of governmental agencies? How do you know that oil and gas are present beneath the drill rig? There are a number of considerations before the drill rig begins operations. These activities generally fall into the broad categories of mapping, leasing, and permitting.

Prospects 

 While all of the parameters mentioned above must be met before drilling for hydrocarbons can begin, a key element that has to be determined before leases and permits are obtained is deciding WHERE to drill. Anyone can drill an oil well anywhere if there is enough money, but the primary purpose is to locate hydrocarbons. Thus finding the right location, one where there is a propensity of information supporting the idea that oil exists beneath it, is of paramount importance. Oil sites have been sought using a variety of different techniques. For example, in the early days oil was found by wandering about the countryside with an open flame, a little optimism, and a lot of adventure. Others have used exploration philosophies ranging from drilling old Indian graves to putting on an old hat and galloping about the prairie until the hat comes off and drilling where it lands.  One of the earliest exploration tools was referred to as Creekology. Early drillers recognized a connection between river bottoms and the occurrence of hydrocarbons but didnt understand why. It wasnt until later that the anticlinal theory was developed which explained the phenomenon.  This random approach to hydrocarbon exploration has resulted in locating oil, but, more often than not, the culmination has been a dry hole. The application of geology to hydrocarbon exploration is a recent development.    Evaluating a prospect (a location where a well could be located to discover hydrocarbons in commercial quantities) relies upon the answers to two questions: What is the likelihood of finding hydrocarbons at this site, and are the economics such that it will create a sufficient profit margin to justify the expense of drilling? Geology is used to help answer the first question while economic projections and market analysis help answer the second. Even though geological methods are utilized in the hunt for hydrocarbons, it doesnt always provide all of the answers to all of the questions. While the scientific method is a valid approach, the results are only as good as the information that was used. And the same holds for the economic analysis. World demand for oil and gas is in a constant state of unrest. Political stability, weather (cold winters in the northeastern United States), consumer demands (increased travel during holiday periods), and supply drastically affect prices. Financial risk versus potential profitability must be established, and this requires the probability of geological success (discussed earlier) and three commercial parameters:

Primary Completion Procedures

Once a well has been drilled, the decision must be made: Can this well become a productive? Some wells are thoroughly tested to "try" and determine profitability before completion, but these methods are no where near precise.  Modern shale well are not even tested before completion. Since a stimulation technique is needed in order for them to be productive test results at this point are not accurate. If the well is determined unproductive it is plugged and abandoned.  If its is deemed productive the completion process is started.  Well completion incorporates the steps taken to transform a drilled well into a producing one. These steps include casing, perforating, stimulation and installing production equipment.

Experience 

 Tidal Petroleum has been focused on the development of oil and gas reserves in South Texas since 1990.   We have experience with over 45 different formations and drilled in 23 different counties. Through 2017 we have produced over 2.1 million barrels of oil and 7.4 billion cubic feet of gas, totaling 3.4 million BOE. Few companies can compare to the level of experience Tidal has acquired over the years in the Texas gulf coast.