operations-banner

Our Operations

Operations Update

 

2 October 2018:

On October 2, we announced that we successfully drilled the first three wells of our continuous Eagle Ford Shale development program.  The three Vega wells, which are located on the Wilson pad, were each drilled to a depth of approximately 6,500 feet with a lateral length of around 7,700 feet.  The drilling operations of the first three wells have gone as planned, and we are pleased with the performance of our contracted drilling rig.  We were able to keep the lateral lengths tightly within our target zones and drilled each of these wells on schedule and on budget.  We are in the final stages of securing completion services and expect to put the three Vega wells on production in the current quarter.  The rig is in the process of moving to the Hovencamp North pad where we will commence drilling the next six wells.

The two original producing wells (Wilson B1 and Wilson B2) from the Wilson pad, which were temporarily shut-in for safety purposes during the drilling of the Vega wells, are currently being returned to production.  Also the additional four wells drilled from the Hovencamp pad continue to flow on their own at an average of 600 barrels of oil equivalent per well.  Liquids content is strong at 75-80 percent of production, and the wells have surface flowing pressures of approximately 300 psi.

 

27 August 2018

On 20 August 2018 we reported that each of the four new producing wells drilled on the Hovencamp pad averaged 1,128 barrels of oil equivalent per day per well over the last 30 days.   The wells are flowing into our new production facility, and after a few commissioning tweaks the facilities are now operating as planned.  The wells are still producing a considerable amount of water at over 250 barrels per day per well.  This is due to the more intense hydraulic fracturing design that was applied and having used fifty percent more water than our first two Wilson pad wells.  The wells are flowing at good pressures on their own at 480 psi average wellhead pressure.  We are obviously very pleased with these results.

Our new drilling rig from Orion Drilling Company arrived on location on 23 August and was assembled over four days.  Drilling commenced after the rig carried out the appropriate equipment checks.  Our next three wells are planned from the original Wilson pad, and will be drilled to the North from that location.  These wells will be named Vega (Vega 1, Vega 2, and Vega 3).  For safety reasons, we have will shut in the two Wilson wells that are already drilled on that pad prior to commencing drilling.

 

 

 

 

 

 

 

 

 

Operations Update

 

2 October 2018:

On October 2, we announced that we successfully drilled the first three wells of our continuous Eagle Ford Shale development program.  The three Vega wells, which are located on the Wilson pad, were each drilled to a depth of approximately 6,500 feet with a lateral length of around 7,700 feet.  The drilling operations of the first three wells have gone as planned, and we are pleased with the performance of our contracted drilling rig.  We were able to keep the lateral lengths tightly within our target zones and drilled each of these wells on schedule and on budget.  We are in the final stages of securing completion services and expect to put the three Vega wells on production in the current quarter.  The rig is in the process of moving to the Hovencamp North pad where we will commence drilling the next six wells.

The two original producing wells (Wilson B1 and Wilson B2) from the Wilson pad, which were temporarily shut-in for safety purposes during the drilling of the Vega wells, are currently being returned to production.  Also the additional four wells drilled from the Hovencamp pad continue to flow on their own at an average of 600 barrels of oil equivalent per well.  Liquids content is strong at 75-80 percent of production, and the wells have surface flowing pressures of approximately 300 psi.

 

27 August 2018

On 20 August 2018 we reported that each of the four new producing wells drilled on the Hovencamp pad averaged 1,128 barrels of oil equivalent per day per well over the last 30 days.   The wells are flowing into our new production facility, and after a few commissioning tweaks the facilities are now operating as planned.  The wells are still producing a considerable amount of water at over 250 barrels per day per well.  This is due to the more intense hydraulic fracturing design that was applied and having used fifty percent more water than our first two Wilson pad wells.  The wells are flowing at good pressures on their own at 480 psi average wellhead pressure.  We are obviously very pleased with these results.

Our new drilling rig from Orion Drilling Company arrived on location on 23 August and was assembled over four days.  Drilling commenced after the rig carried out the appropriate equipment checks.  Our next three wells are planned from the original Wilson pad, and will be drilled to the North from that location.  These wells will be named Vega (Vega 1, Vega 2, and Vega 3).  For safety reasons, we have will shut in the two Wilson wells that are already drilled on that pad prior to commencing drilling.

 

 

 

 

 

 

 

 

 

X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.