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LaBay Exploration, l.l.c. |
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Exploring Louisiana and beyond. |
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About Us |
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LaBay has acquired options and subleases covering nearly 60,000 acres over several major producing structures including West Cote Blanche Bay, Bayou Sale, Horseshoe Bayou, and Rabbit Island, and has obtained licenses over the 3D seismic surveys acquired over these areas in order to develop prospects and market those to industry. LaBay has also worked with Seismic Exchange Inc. to develop a new seismic program to better image the exploration potential over its acreage position. Under this program, SEI will reprocess and merge existing seismic surveys at Rabbit Island, Bayou Sale, and East Lake Sand with newly acquired data in order to provide 250 square miles of continuous data, which will be available to LaBay and to industry in February of 2005.
The Rabbit Island structure, upon which LaBay has acquired a sublease covering 29,000 acres, is the primary focus of LaBay’s exploration efforts. The Rabbit Island Field is a complexly faulted, salt cored, shallow piercement structure. The first production from the Rabbit Island Field was established when Texaco completed the SL 340 Well No. 3, in 1942. Over 220 wells have been drilled on the structure which has produced over 1.5 TCFE. The oil and gas reservoirs of the Chris I, Tex W, and shallower field pays demonstrate compartmentalization, meaning the faults not only separate, but also seal the reservoirs from those in adjacent fault blocks. Most of the field production was developed using subsurface and limited 2D seismic. LaBay, using subsurface, and the 3D seismic survey acquired by Benton Exploration Company and Texaco, has identified an inventory of prospects consisting of amplitudes, attic plays, untested fault blocks, and pay zones that were logged but not produced. LaBay is marketing these prospects to industry at this time. |
