By OGJ editors
HOUSTON, July 22 – Linn Energy LLC, Houston, said it has completed what may be the highest rate well reported in the Texas Panhandle Granite Wash trend.
The Black 50-1H, which Linn operates with 63% working interest, tested at a 24-hr rate of 27 MMcfd of gas and 3,190 b/d of condensate at 2,150 psi flowing surface pressure. The gas analyzes 1,316 btu/mcf and when processed should yield 3,530 b/d of natural gas liquids, the company said.
Including estimated NGL recovery and processing shrinkage, the Stiles Ranch field well’s overall rate is 60.2 MMcfd of gas equivalent.
Linn Energy said the well considerably exceeded expectations. The liquids content of more than 6,700 b/d represents more than 65% of the production stream. Payout could occur in as little as 2 months.
The company has a large concentrated acreage position in the area on which it is drilling horizontal Granite Wash wells.