By OGJ editors
HOUSTON, May 5 -- K2 Energy Corp., Calgary, has completed its first phase gathering system and pipeline to accommodate production from Palmer gas field, now producing out of the Bow Island formation, a shallow, low-pressure gas reservoir on the Blackfeet Reservation in eastern Glacier County, Mont.
Palmer field's initial production is averaging more than 250 Mcfd of natural gas.
K2 Energy used a new drilling technology—reverse circulation drilling—and the development of specific completion techniques to drill, evaluate, and commence production from this previously underdeveloped resource (OGJ, Mar. 11, 2002, p. 43).
The company currently is designing a two-stage drilling program that is expected to provide significant production growth by yearend.
In addition, the Bureau of Indian Affairs has granted K2 Energy final approval to acquire the rights to an additional 100,000 tribal mineral acres, with consent to lease an additional 100,000 acres of nontribal, "allottee" and "fee" lands within a designated 200,000 acre land block on the reservation (OGJ Online, July 24, 2002).