By OGJ editors
HOUSTON, June 30 -- Bridge Resources Corp. and Paramax Resources Ltd. are in talks with gas purchasers and midstream companies regarding the start of gas production from discoveries near Boise, Idaho.
The ML Investments 1-10 discovery, named Willow field, has sweet, high-btu gas with 12 bbl/MMcf of condensate at 4,100 ft. Hamilton field, which includes the Espino 1-2 and State 1-17 discoveries, has sweet, high-btu gas at 2,000 ft.
The two companies drilled five exploratory wells in the Western Idaho basin during March through May that resulted in the three gas discoveries.
Drilling on a five-well development program at Hamilton should begin by Aug. 1, and a 2D seismic program on 6,000 acres is being permitted at Willow and should begin in early July with drilling to start by Oct. 1, Paramax said.
The combined Hamilton and Willow development project areas cover 30,000 acres. Bridge and Paramax hold 110,000 gross acres in the Western Idaho basin, and further exploratory drilling on other prospects is planned following the initial Hamilton and Willow development wells.
Hamilton field lies on the Williams Northwest Pipeline, thus providing an early production opportunity. The pipeline has 1.3 bcfd of spare capacity. Gas may be sold to western Idaho or US West Coast customers.