The nation’s oil industry continues to bring wealth to the country and reduce its dependence on imported crude oil with new energy companies like the Austin-based Texas Allied Petroleum. In just 6 years, the company now produces half a million cubic feet of natural gas but with its corporate mandate to have a 50-50 mix in oil and gas in its energy portfolio, the company has carved its market niche in drilling new oil finds and reviving idled oil wells in various states.

Using advance technology to confirm prospective fossil fuel reserves, the company enjoys a high success rate in its drilling and recompletion work. In November, 2009, Texas Allied Petroleum confirmed initial success of oil production in its 10,400 foot deep Long Unit #1 in the Lavaca County in its home state of Texas.  It has also been actively involved in completing the 10,000-foot deep Neuman #1 oil well in the oil-rich Yequa Sands Formation in Liberty County.

In July 2010, it successfully recompleted its 2,300-feet deep Theuman #2 oil well in the Colorado County in Texas.  In October 2010, Texas Allied Petroleum has increased its participation in the Main Pass 35 Project’s offshore drilling in Plaquemines Parish, Louisiana. The 15 offshore oil platforms have yielded sustained commercial-grade crude oil volumes in an area that has traditionally been the state’s oil industry center, producing about 17 million barrels of oil and 10 billion cubic feet of natural gas each year.  There are now about 11,000 oil and gas wells in Plaquemines with over 750 miles of onshore pipelines.