By OGJ editors
HOUSTON, July 30 -- Giant Petroleum Inc., Irving, Tex., and Hilltex Operating Co. have completed three of 20 wells they plan in Shackelford and Throckmorton counties, Tex.
Well 136-1, drilled into the Mississippian Reef formation, tested more than 600 Mcfd of gas and is producing from a gas cap on top of oil-bearing strata.
Well 137-1, also drilled into the Mississippi Reef, flowed on test at a rate of 125 b/d of sweet crude oil and 300 Mcfd of gas and has been placed on production.
The Miller-1 well targeted the Mississippian Reef and Caddo Limestone formations. The well had multiple shows and log indications in several pay zones in the wellbore. Giant Petroleum said the partners plan to recomplete the well uphole from a failed completion in the Mississippian Reef.