“We understand the Bluegrass is beautiful and our non-conventional methodology is more friendly to the environment and leaves a much smaller footprint per dollar invested in the ground,” Stengell explains.Įncore Energy is a local and regional company with a focus on its environmental impact, which is much more attractive to land and mineral owners than the big oil and gas companies. Minimizing environmental impacts is key as the company drills the horizontal well. “Every single well drilled utilizes what was learned on the previous location, so you have an ever-changing and improving well technology in the Berea.” Encore is now making plans to drill in proven oil areas where the flowback period is much shorter. “It’s a learn-as-you-go technology,” Stengell continues. “The Berea is where horizontal, non-conventional methods meet a beautiful, conventional reservoir.” “Shales are big, blanketed 200- to 300-foot reservoirs that are lower quality, thick and unpredictable,” Stengell says. The oil play began to really gain steam about the time oil prices tanked a few years ago, Stengell says, at which time Encore began looking for lease opportunities. The Berea Oil Sandstone is attractive to Encore Energy because using non-conventional methods on a conventional reservoir produces higher-quality oil and better results than the shale plays. “Encore’s objective was to acquire assets and drill multiple well projects to prove-up acreage, creating a platform to bring in investment from larger E&P companies in the future.” “Encore has drilled more than 30 vertical oil wells and is the most active well operator in south-central Kentucky,” Stengell adds. In 2013, Encore Energy started acquiring leases in south-central Kentucky and drilling conventional oil wells. He also has experience in serving as an operator in Texas and Oklahoma.Įncore Energy previously began as a lease acquisition and brokerage company that worked with large E&P companies in the Utica Shale to acquire horizontal lease projects. In 2011, Stengell founded Bowling Green, Ky.-based Encore Energy after serving as president and CEO of a publicly traded E&P company. He holds an MBA from Western Kentucky University and has a graduate certificate in reserves and valuation from the Harold Vance Department of Petroleum Engineering at Texas A&M University. Stengell previously served as the well operator for a successful horizontal Woodbine oil discovery in Texas.
“We have just closed a major acquisition, which has given us access to drill off-set to the better producing wells in the play.” “We have been reviewing the Berea for the last several years and just in the last year we started making plans, deals and acquisitions in planning the horizontal well project,” Stengell explains. The Kentucky Geological Survey has referred to the area as the best shallow oil play in the state and the Kentucky Oil and Gas Association has referred to the Berea as a “game changer.” In June, the company announced its well permit approval and began moving equipment on-site in the first week of July to begin drilling the Encore Adkins Bud #H1 horizontal Berea oil well, in Johnson County. The company’s next several locations are positioned to the north in Lawrence County and offset to some of the best production in the Berea play.
Founder, President and CEO Steve Stengell says the Encore Adkins Bud #H1 well discovered a productive reservoir in an area where high volumes of gas have created a longer flowback period, post frac.
began drilling its first non-conventional horizontal well this summer using state-of-the-industry technology in eastern Kentucky’s Berea Oil Sandstone and the company has now plans for eight additional horizontal Berea wells. Encore Energy begins drilling the first of many horizontal wells in the Berea Oil Sandstone in Kentucky.Įncore Energy Inc.
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