Area Drilling

July 5, 2004
Area Drilling

France

Esso Rep, the E&P arm of Esso SAF (Société Anonyme Française), and Lundin Petroleum AB encountered oil shows in Purbeckian sandstone (uppermost Jurassic) in the Les Mimosas exploration well on the 50-50 owned Permis de Lège near the Bay of Biscay in the Aquitaine basin.

The shows came at 3,300 m TVD in the 4,037-m deviated hole. Esso Rep plans short-term production tests in the first half of July. The well cost 5-6 million euros.

If confirmed, Les Mimosas will be Esso Rep's first discovery since Tamaris in 1998.

Florida

United Energy Conservation LLC, Fort Myers, Fla., staked locations for four wildcats to Cretaceous Sunniland lime far from oil production in the South Florida basin.

The 20-4 Bob Paul Inc., in 20-38s-30e, southern Highlands County, is to be a vertical test to 12,800 ft about 20 miles northwest of Lake Okeechobee. South, east, and southeast directional offsets would be drilled from the same pad, reports Southeastern Oil Review, Jackson.

The location is 40 miles north of Sunoco-Felda oil field in Hendry County.

Wyoming

Wyoming had 12,400 wells producing coalbed methane in the Powder River basin as of March 2004, the latest month with complete figures available, the state oil and gas supervisor reports.

Another 4,000 wells were shut-in awaiting infrastructure or approval of water management plans.

New wells are being drilled at the rate of seven per day.

Production from the active wells averaged 72 Mcfd/well. Field-wide gas production peaked at 977 MMcfd in October 2003 and has declined to 889 MMcfd in March 2004.

Powder River CBM production totaled 346 bcf in 2003, 6% more than in 2002. Cumulative production reached 1.3 tcf out of an estimated 25 tcf to be recovered.

Water production in 2003 was 566 million bbl, 2% less than in 2002, and is running 10% less than 2003 through March 2004. Wells average 115 b/d of water, off from the peak of 415 b/d in 1999.