Area Drilling

March 18, 2002
Talisman Energy Inc., Calgary, said gross production from its fields in southern Sudan averaged 221,300 b/d in fourth quarter 2001 and 213,028 b/d for the full year, a 16% increase on the year.

Sudan

Talisman Energy Inc., Calgary, said gross production from its fields in southern Sudan averaged 221,300 b/d in fourth quarter 2001 and 213,028 b/d for the full year, a 16% increase on the year.

Company capital spending in Sudan, where Talisman has a 25% interest in the Greater Nile Oil Project, was $75 million on development drilling and facilities and $42 million on exploration.

Talisman and partners drilled 43 successful wells in 2001 and started up Garaad, Khairat, and Bamboo oil fields.

Prince Edward Island

Meteor Creek Resources Inc., Toronto, said its Bear River-1 well on eastern Prince Edward Island encountered more than 160 gross m of gas saturated reservoirs in seven sandstone horizons.

The zones were between 2,297 m and 2,944 m and included a 32 m section at 2,297-2,329 m in Carboniferous Riverdale sandstone, which flowed 5.5 MMcfd of gas in the Hudson Bay Oil & Gas Ltd. East Point E-49 wildcat 40 miles east-northeast in the Gulf of St. Lawrence in 1974.

Bear River-1 went to TD 3,681 m on the 176,000 acre Souris Permit. Outside engineers termed the tight Riverdale zone a good candidate for frac stimulation, Meteor Creek said. It hired another consultant to analyze all seismic and well data gathered in the area.

Oklahoma

Chesapeake Energy Corp., Oklahoma City, said it has a deep gas prospect inventory that exposes it to more than 2,000 bcfe of unbooked potential.

The prospects, generated internally from detailed geological analysis and 3D seismic data, average 19,000 ft in depth.

The company is operating the Cat Creek 1-19 well in Beckham County, Okla., drilling below 23,000 ft toward a 25,000 ft projected TD. It also has an investment in Seven Seas Petroleum Corp., Houston, which in December 2001 spudded Escuela-2, a planned 18,000 ft exploratory test of the subthrust Dindal structure in Guaduas oil field, Magdalena Valley, Colombia.