|
Welcome to Atrisco Oil & Gas!
Atrisco Oil & Gas, LLC exists to explore and protect the
mineral rights of the Atrisco Land Grant.
Atrisco Oil & Gas is working in association with Tecton Energy,
LLC, a Houston based exploration and development company, in an effort to
answer the age old question of whether or not commercial hydrocarbons exist
on the West Mesa.
Oil and natural gas development is not new to the land
grant. The first commercial oil and
gas development began on March 1920 when David J. Metzgar, then president of
the Atrisco board of Trustees, signed the first lease to an outside interest
to explore and develop oil and natural gas resources. From 1925 through 1947, C. H. Conner held
oil and gas leases in multi-year increments and Myrtle Conner held leases
into the 1950s.
In 1959, the board of trustees granted permits to Armando
Gianini to prospect for uranium and to Samuel Jelso to explore for oil and
gas. In the 1970’s Shell Oil was
active on these lands and spent a considerable amount of money and time
gathering data about the lands. These
efforts determined that hydrocarbons were present but no commercial success
was ever realized.
Today, Tecton is taking advantage of much of Shell’s earlier
work. That research, coupled with
better technologies, favorable economics and a little luck will hopefully
lead to a different outcome.
|