Operations

Green Century operates in the Permian Basin. The Permian Basin is the largest oil producing region in the United States.

The Permian Basin has an abundance of high quality oil and gas reserves in most categories: shallow and deep reserves; sands, carbonates, and shales; vertical and horizontal well targets; conventional and unconventional reservoirs; water, natural gas, nitrogen and CO2 floods, etc.  The region also offers top oil & gas technology experts and top quality service companies in abundance.  The Permian is not only the largest, but also the “hottest” oil field in the U.S.

Green Century drills and operates its own wells in the Permian Basin.  We have expertise in vertical and horizontal drilling and completions and waterflooding operations.  We will consider all types of drilling and well/production acquisitions opportunities, whether shallow or deep, vertical or horizontal, conventional or unconventional.  One of our strengths is our creativity in efficiently finding, evaluating, and developing quality opportunities. Our mission is to develop a diversified portfolio of primarily conventional projects, internally generating leads and opportunities that make economic sense. The common denominator is that we seek projects with “good rock” and strong promise to deliver a high return on investment. Operated projects are preferred, however non-operated projects are considered on a selective basis.

Green Century Exploration & Production is continually seeking and developing quality drilling and exploitation prospects. Our Wildcat™ discovery systems allow us to sift through vast quantities of well and production data to rapidly identify and evaluate prospects. These systems are used to search for opportunities meeting our objectives and criteria.

Here are a few things that set us apart:

  • Our extraordinary team (see Leadership)
  • Our low-cost, low-overhead execution
  • Our commitment to develop only projects with “good rock” that have the potential to realize high returns at current oil & gas prices
  • Our Wildcat™ finding and development systems
  • Our focus on conventional projects in areas that are not highly competitive and offer relatively low land costs
  • Our low-risk approach, seeking projects close to known production
  • Our proprietary Reflex™ wireless Supervisory Control and Data Acquisition (SCADA) systems, which are developed and maintained in-house