Riverside Petroleum Indiana
Riverside Petroleum Indiana owns and operates 30 New Albany Shale natural gas wells in southwest Indiana, producing more than 4,000 Mcf per day natural gas, operated by a field team based in Washington, Indiana. The wells, associated processing facilities and pipelines are situated within a mostly undeveloped leasehold of nearly 200,000 acres, with significant gas PUD and oil potential. The company also owns and operates an oilfield in the area, producing 200 bo/d net from 78 wells. Through economic optimization and high-graded wellsite selection, in addition to the utilization of in-house seismic capabilities to explore and develop the properties, Riverside has become an emerging leader in the New Albany Shale play.