By OGJ editors
HOUSTON, Sept. 14 -- JED Oil Inc., Calgary, and JMG Exploration Inc., with which JED is pursuing a merger, said they can drill as many as 32 additional wells on JED acreage in the Pinedale/Jonah area of Wyoming under a density ruling by the Wyoming Oil and Gas Conservation Commission.
The commission approved a request to change to 20-acre from 40-acre well spacing in the Green River basin area.
In August, JED said it had drilled two gas wells in the Pinedale area.
In the first well, JED fracture-stimulated 24 pay zones in 11 stages and encountered water in two of the stages. It was isolating the water zones and preparing the well for production from the six higher frac stages.
JED recently was completing and fraccing the second well, which also encountered multiple pay zones. Before the spacing decision it had identified two other drilling locations and installed a pipeline to market the gas.
