A horizontal Eagle Ford Shale working interest offering in Atascosa County, Texas, operated by Alvarado 2014 LLC. Grooil, LLC holds a direct working interest position and is offering participation to accredited investors.
The Location
The Opportunity
Grooil, LLC holds a working interest position in the Dally Unit 1H well, a horizontal Eagle Ford Shale test well on the Heeler Prospect, a 1,018 net mineral acre contiguous lease block in Atascosa County, Texas — within the black oil window of the play, roughly 45 miles south of San Antonio. The well is operated by Alvarado 2014 LLC, which holds and operates additional producing wells within a few miles of the Heeler Prospect. Grooil has executed the Participation Agreement and Joint Operating Agreement with Alvarado, and is offering a portion of its position to accredited investors under a separate participation agreement with Grooil.
| Well | Dally Unit 1H |
| Prospect | Heeler Prospect |
| Location | Atascosa County, Texas |
| Formation | Eagle Ford Shale (Lower Eagle Ford) |
| Operator | Alvarado 2014 LLC (Houston, TX) |
| Lease block | 1,018 net mineral acres, contiguous |
| Net revenue interest | 75% NRI conveyed per 1% working interest |
| Status | Drilling projected to start September 2026; completion targeted December 2026 |
Geologic and engineering estimates specific to Dally Unit 1H (type curves, AFE detail, reserve projections) are proprietary to the operator and are not published here. Request the operator's confidential information memorandum through Grooil after executing an appropriate confidentiality agreement.
Regional Data
The wells below are producing Eagle Ford Shale horizontals within roughly four miles of Dally Unit 1H, all but one operated by Alvarado 2014 LLC. Data is sourced directly from the Texas Railroad Commission's public Oil & Gas Production Data Query system. This is historical reference data for nearby wells, not a projection for Dally Unit 1H, which has not yet been drilled.
Heeler Prospect and the KH Sasser A/B well pad, both within the same immediate area of Atascosa County operated by Alvarado 2014 LLC.
| Well | Distance | Spud / Status | Cumulative Oil |
|---|---|---|---|
| KH Sasser A 1H | ~4 mi | Drilled Jul 2024; producing | 105,800 bbl |
| KH Sasser B 1H | ~4 mi | Drilled Mar 2025; producing | 70,078 bbl |
| George Long B 1H | ~3.5 mi | 2012 well; refrac'd Sep 2023 | 109,499 bbl |
| Beck Unit 1H | ~2.5 mi | 2012 well; refrac'd Dec 2024 | 27,415 bbl |
Source: Texas RRC Online System (Oil & Gas Production Data Query); ShaleXP.com (well coordinates).
Investment Terms
Grooil, LLC offers participation interests in $100,000 increments per 1.0% working interest (0.75% net revenue interest), in any fractional amount. Payment is due in full at the time of subscription; Grooil does not pass through additional cash calls to participants.
| Working Interest | Net Revenue Interest | Investment |
|---|---|---|
| 1.000% | 0.750% | $100,000 |
| 0.500% | 0.375% | $50,000 |
| 0.250% | 0.1875% | $25,000 |
| 0.125% | 0.09375% | $12,500 |
Illustrative Only
Built from real, public production data for two nearby recently-drilled wells — KH Sasser A 1H and KH Sasser B 1H — averaged and extrapolated to a 24-month cumulative type curve of approximately 109,700 barrels (100% working interest basis). This is not a projection for Dally Unit 1H, which has different geology, lateral length, and completion design.
This 24-month figure reflects only a portion of expected total returns — producing horizontal Eagle Ford wells typically continue generating revenue for years beyond the initial window. This scenario excludes lease operating expenses, gas and NGL revenue, and joint interest billing deductions, and assumes a constant $75/bbl oil price. These figures are estimates for illustrative purposes only, are not a guarantee or projection of actual results, and past performance of offset wells is not indicative of future results. Full methodology and additional scenarios are available in the Investor Prospectus (PDF).
Next Steps
Reach out to request the full CIM, ask questions about the offering, or express interest in a specific position size.
Investment Disclaimer: This page is for informational purposes only and does not constitute an offer to sell or solicitation to buy securities. Investments in oil and gas involve significant risk, including possible loss of principal. Past performance is not indicative of future results. All offerings are made only to accredited investors pursuant to applicable securities regulations. Please review the CIM and consult your financial and legal advisors before investing.