Fasken Oil Announces Results From Two Offsetting Spraberry Ventures
Drilling Activity Details
Midland
TX
United States
Drilling Activity Summary
Description
Two offsetting horizontal Spraberry Trend-Midland Basin wells have been completed by Fasken Oil & Ranch Ltd. in Midland County (RRC Dist. 8), Texas. IHS Markit reported that #1H Eicoff 29 flowed 950 bbl of 40.9-degree-gravity crude, 814 Mcf of gas and 1.179 Mbbl of water per day. Production is from acid- and fracture-stimulated perforations ranging from Dean at 8,714 ft to Wolfcamp at 16,434 ft. Tested on a 26/64-in. choke, the flowing tubing pressure was 1,000 psi. It was drilled to 16,504 ft and is in Section 29, Block 36 T2S, T&P RR Co Survey, A-533. The leg bottomed about 1.5 miles to the southeast in Section 32 with a true vertical depth of 8,910 ft. From the same pad, #1H Wilson 29 was tested flowing 803 bbl of 40.9-degree-gravity oil, 653 Mcf of gas and 963 bbl of water per day from Wolfcamp at 8,687-16,311 ft. The parallel lateral was drilled to 16,371 ft, 8,912 ft true vertical. Fasken is based in Midland, Texas.
Two offsetting horizontal Spraberry Trend-Midland Basin wells have been completed by Fasken Oil & Ranch Ltd. in Midland County (RRC Dist. 8), Texas. IHS Markit reported that #1H Eicoff 29 flowed 950 bbl of 40.9-degree-gravity crude, 814 Mcf of gas and 1.179 Mbbl of water per day. Production is from acid- and fracture-stimulated perforations ranging from Dean at 8,714 ft to Wolfcamp at 16,434 ft. Tested on a 26/64-in. choke, the flowing tubing pressure was 1,000 psi. It was drilled to 16,504 ft and is in Section 29, Block 36 T2S, T&P RR Co Survey, A-533. The leg bottomed about 1.5 miles to the southeast in Section 32 with a true vertical depth of 8,910 ft. From the same pad, #1H Wilson 29 was tested flowing 803 bbl of 40.9-degree-gravity oil, 653 Mcf of gas and 963 bbl of water per day from Wolfcamp at 8,687-16,311 ft. The parallel lateral was drilled to 16,371 ft, 8,912 ft true vertical. Fasken is based in Midland, Texas.