Sunridge Energy Corp. (TSX-V: SRG) announced that field operations are underway on its 102/14-22-47-25-W4 well that was drilled in August.
Sunridge has performed a full-diameter XRD core analysis on this well. The ensuing results display a striking similarity to the original discovery well at 9-36. Reservoir porosity, permeability, mineralogy and oil staining all compare favorably to the 9-36 new producing well, 4.5 km away. The completion is programmed to perforate 12.0 meters within the 15.0 meters of net pay, with an aggressive fracture treatment.
This well should commence production in early October.
The company has now delineated an oil-bearing trend of field-size proportion. Estimated gross areal extent is 9.5 km x 5.0 km. Sunridge is planning a re-entry of an existing vertical well in the discovery area, followed by a horizontal drilling program. Further drilling is expected to be conducted following the current seismic data review and, possibly, the implementation of a 3-D seismic program.
Recommended Reading
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
2024-03-18 - CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach
2024-02-27 - Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Shell Brings Deepwater Rydberg Subsea Tieback Onstream
2024-02-23 - The two-well Gulf of Mexico development will send 16,000 boe/d at peak rates to the Appomattox production semisubmersible.