Properties of $GRPR Kreyenhagen Trend acreage
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Kreyenhagen Trend acreage in the California shale play of the San Joaquin Basin is different than other unconventional oil plays like the Bakken and Eagle Ford oil plays; these unconventional shale zones, Kreyenhagen and Monterey, lay beneath long-established multi-billion barrel conventional oil discoveries, these source rocks are heavily fractured by regional tectonics, creating thick shale sections spanning 500-3500ft, which are accessible by vertical wells.
Steep anticline structures eliminate the need for costly fracturing necessary in other tight shale’s. The favorable result is a more profitable decline profile – lower initial production rates, but much slower decline.
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