Today Gulftex Operating, Inc. has a successful exploration, drilling and production track record participating in over 35 wells in the Barnett Shale. The Gulftex record includes an impressive 19 wells in the core area of the Barnett Shale. Barnett Shale is an Oil Field covering 18 counties in Northern Texas around the Dallas - Fort Worth.

The Barnett Shale field has been quoted as producing an equivalent of 6% of our total domestic oil usage. This is a significant number of producing wells and brings in 100’s of million dollars and tens of thousands of jobs to the north Texas area. Gulftex Operating Inc. with its several partners is proud to contribute to this community. Location on top of a large oil repository is important in lowering the risk of digging a dry well. Location and experience in drilling (improving the changes of good outcomes) continue to provide a number of successful projects and happy investors.