Ameriwest Energy Corp., Casper, Wyo., (OTCBB: AWEC) says it plans to spud the Ameriwest Fee #1 well at its Geary prospect in the Powder River basin in mid-March
Ameriwest Fee #1 is near two wells in the Geary Dome field with cumulative production to date of 323,617 barrels of oil and 29.5 million cubic feet of gas, and within half a mile of the Weststar Keenan Fee 16-27 well, with cumulative production of 166,757 barrels of oil to date.
The company says the area could contain possible reserves of approximately 3 million barrels of oil.
Ameriwest president Walter Merschat says, "We are extremely excited about drilling the Ameriwest Fee #1 well in such close proximity to known production. Upon a successful discovery, Ameriwest will immediately implement its proposed development plan which could include up to 17 additional wells."
Bakken EOR Trial Increased Output by 25%
2023-01-10 - Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
Innovation at Forefront of 2023 SPE HyFrac Conference
2023-02-03 - Engineers from different corporations gathered during the HFTC Plenary Session to discuss different approaches to fracking, including the benefits of fiber optics and geothermal fracking.
Tieback Bounce-back: Subsea Market on the Rise
2023-02-07 - After an economic downturn and rough period with COVID-19, the market for subsea tiebacks looks to grow stronger than ever.
Raising the Bar for ROV Operator Performance by Lowering the Bar for Entry
2023-01-31 - Technology companies Greensea and Blue Ring’s partnership helps ROV operators become situationally aware without having to “context switch” from task to task.
Testing the Waters: New Tech Aims to Clean Oilfield's Produced H2O
2023-01-23 - From nanoparticles to air bubbles, the University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially find a home for water produced during oil production.