By OGJ editors
HOUSTON, Jan. 5 -- Pent Energy LLC, Fort Worth, plans to increase production from the 2,800-acre Stroud Prue Sand Unit between Tulsa and Oklahoma City in Creek and Lincoln counties.
The waterflood unit, with 41 producing wells and 35 injection wells, currently produces about 135 b/d of 46° gravity oil and 40 Mcfd of gas solely from the Pennsylvanian Prue sand.
Pent Energy expects to triple production within 12 months and believes the drilling of three or four infill wells will make the increase possible.
The area, with estimated recoverable reserves of 18 million bbl, currently has 20-40 acre spacing. Pent Energy expects to increase density to 10-acre spacing, which would allow drilling of 120 wells. The company also plans to reenter old wells and drill directional sidetracks in three Prue layers.
Pent Energy, formed in early 2004, acquired the unit as part of a purchase last month of Dadson Production LLC and Oil Center Operating Inc., both of Ada, Okla.
