Headquartered in Houston with offices in Laredo, Texas, Laredo Energy's operations are focused on exploratory and developmental drilling in South Texas (Webb County) and East Central Texas (Brazos, Burleson and Robertson counties). The company has drilled 86 successful horizontal wells in Webb County’s stacked pay zones, including 27 in the Eagle Ford Shale, 43 in the Escondido formation, 13 in the Olmos, two in the Austin Chalk and one in the San Miguel formation. The conventional and unconventional geology pages contain cross sections of these formations. The East Central Texas program is focused on oil reserves in the Eaglebine trend. Laredo Energy’s Eaglebine program will focus on opportunities in Brazos, Burleson and Robertson counties. The Eaglebine is an emerging horizontal oil play and home to a number of stacked pay zones including the Eagle Ford Shale, Georgetown, Buda, Austin Chalk limestones and multiple Woodbine Sand horizons.
Our operating areas are characterized by long-lived natural gas and oil reserves and established production capabilities with abundant growth opportunities. Our strong acreage position and deep inventory of drilling locations enables us to establish substantial economies of scale in drilling and production operations for more effective drilling and reservoir management.