CARSON CITY — Sierra Nevada Oil LLC is starting a stimulation program on its Paradise 2-12 oil well. Sierra Nevada and Empire Petroleum own 36,750 acres of Bureau of Land Management leases on a surface anticline located in Gabbs.
Sierra Nevada recently acquired an option to acquire controlling interest in Empire.
The Paradise 2-12 well is currently producing oil from the tertiary volcanics of the Miocene Esmeralda Formation. This is the first oil produced in western Nevada. Prospective reserves for the project from this geologic zone are calculated at 139M barrels.