Project Overview
A proven, producing oilfield
The Gallup Oilfield is an established field in New Mexico's San Juan Basin, where oil has been produced since 1911. Unlike exploration projects, the presence of oil here is already confirmed — the field is actively producing. The development applies modern horizontal drilling to recover reserves that older vertical wells were unable to reach.
The field currently has 128 wells, with a plan to develop 100 producing wells over time. This EB-5 project comprises 25 of those wells.
In plain terms: The single biggest risk in oil investing is "what if there's no oil?" Here, that question is largely answered — the field is already producing. Our work is to recover the oil that older wells left behind, using modern horizontal drilling.