Penny Formation

96 wells on file, most active in Allegany, NY.

96
Wells
2
Producing
71
Plugged
13
Operators
2
Counties
NY
States
630 ft
Shallowest
1,134 ft
Average depth
1,471 ft
Deepest
3.9k BOE
Cumulative

Production is reported to us by state regulators. New Mexico and New York report per wellbore. Texas and Kansas report per lease, so for those states a well-level figure is exact only where the lease has a single wellbore; otherwise it is the lease total divided across its wellbores. 25 of 96 wells here have production on file. Full methodology and sources.

Where the Penny is drilled

CountyStateWellsProducingShallowestAverageDeepest
AlleganyNY922630 ft1,144 ft1,471 ft
SteubenNY40840 ft917 ft967 ft
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Operators in the Penny

Otis Eastern Service Inc. 46James V. Joyce/dba Joyce Pipeline Company 14Western New York Drilling Associates 1 L.P. 13Ppp Future Development Inc. 7Western New York Drilling Associates Joint Venture 4Allegany Yankee Holdings LTD 2Bradley Producing Corp. 2Joyce Christine M. 2Potter Oil CO. 2Ebenezer Oil CO. Inc. 1Lee Oil Company Inc. 1Perry Gerald W 1Plants And Goodwin Inc. 1
Kingdom Scout screens this dataset for drilling opportunities.
2.24 million wells across six states, graded by county and formation.
Sean Pruitt – President
Sean Pruitt President, Kingdom Exploration LLC

Direct: (307) 622‑1645

Email: [email protected]

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