BP PLC recorded an average 30-day initial production rate of 12.9 MMcfd of natural gas from its BU 602 Com 1H well in San Juan County, NM, part of the San Juan basin.
The well was drilled with a 10,000-ft lateral in an area known as the Northeast Blanco Unit (NEBU), a section of federal lands in San Juan and Rio Arriba counties of New Mexico where BP has had a presence since the 1920s.
The well test took place on assets BP acquired from Devon Energy Corp. in late 2015, which expanded BP’s existing position in the San Juan basin and provided better access to the Mancos shale (OGJ Online, Dec. 18, 2015).
“This result supports our strategic view that significant resource potential exists in the San Juan basin and gives us confidence to pursue additional development of the Mancos shale, which we believe could become one of the leading shale plays in the US,” commented Dave Lawler, chief executive officer of BP’s US Lower 48 onshore business.
BP’s Lower 48 unit operates 3,900 wells in the San Juan basin of New Mexico and Colorado. It expects to open a new headquarters office in Denver in 2018 that will be closer to the majority of its operated assets in the Rocky Mountain region.
