Hise was formed in 1968 and has been in continuous operation through the present.
Gulf Coast Drilling Program I
Hise affiliated entities generated, drilled, and operated 13 deep Tuscaloosa Trend wells, at an average depth of 20,750’, over the period 2000 – 2009, at a cost of over $300 million dollars. All 13 wells resulted in completions, with production to date in excess of 86 BCF gas and 1.2 million BBLs oil.
Gulf Coast Drilling Program II
Hise affiliated entities generated, drilled, and operated 4 geo-pressured wells in 2014-2015, across different geological provinces, each successful and resulting in offset well opportunities.