The Hospah

About The Hospah Project

Hospah's (127) Oil wellsite's

The Objective

  • Within 2025 yield from the New Mexico, Hospah field somewhere north of (150,000) barrels of oil per year; Roughly ($10.mm) Before introducing (EOR) Enhanced Oil Recovery processes. (EOR) should produce roughly (233,600) (+/-) barrels of oil per year; Roughly ($16.mm) in oil production sales.
  • Start with (7) Blockchain containers, and yield from the New Mexico, Hospah gas field. Roughly (100.1) BTC annually, which is roughly ($9.mm) to start at current market. The field should hold north of (15) additional Blockchain containers once completed; roughly (145) BTC annually, which is ($14.mm) @ mid-bear market yielding. If we are able to capture the current bull market yielding Blockchain revenue potential is ($20.mm) roughly (202.8) BTC annually.
  • Yield roughly ($34.mm) from the New Mexico, Hospah field in 2025 into 2026.
  • Yield roughly ($44.mm) from the New Mexico, Hospah field in 2025 into 2026 from current Bull run.
  1. History of the Hospah field:
  2. Between (1926-1980): the field produced on average (240.bbl to 500.bbl) per month at the start of production during drilling and after. Seeing roughly around (6, 000.bbl) per year from the first several wells drilled. Yielding ($52,140.00) per year in the (1970’s); at today’s value roughly ($414,000.00).
  3. Through (1980-2000): the field generated roughly (50k.bbl to 80k.bbl) annually, largely due to many well not in production. At this time the company had over (250), however, more than half were out of production. This led to large financial loss by the company operating the field. Yielding ($1,680,000.00) per year in the 1990’s; at today’s value roughly ($4,830,000.00).
  4. Through (2000-2017): the field generated roughly (67k.bbl to 96k.bbl) out of the believed potential (167k) annually. This was largely due to repairs not completed and pump units not being upgraded as they need to be; there is also a bottleneck in the field pipeline and said pipeline is potential holding oil in the line due to blockage. Yielding ($6.75.mm) per year in mid-2000’s.
  5. This field has never operated as a unit at any point; CPT will bring the units into full operation before the end of 2025 to the start of 2026. The field should be capable of north of (200k.bbl) per year, yielding ($13.8.mm).

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