Exploration/Development Briefs

03/14/2011
TexasEastIn Gastar Exploration Ltd. said the Belin-2 well in East Texas cut 130 net ft of pay in five sand intervals in Jurassic Lower Bossier.The well went to a total depth of 19,650 ft in a nonproducing fault block on the Hilltop structure in Robertson and Leon counties. It confirms the presence of high-quality reservoirs in the downthrown fault block.Gastar, with 67% working interest before payout, plans to complete the well in two initial zones and, depending upon the availability of frac stimulation services, expects the first of these initial completions to be on line by the end of April. Projected completed well cost is $11 million.The company plans to drill the Belin-3 well while ...
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