Bankers eyes higher Ardmore Woodford gas flow

Aug. 13, 2008
The newly separated US unit of Bankers Petroleum reported a sharply higher flow rate at its fifth horizontal well in Tishomingo field in the Ardmore basin in southern Oklahoma.

By OGJ editors
HOUSTON, Aug. 13 -- The newly separated US unit of Bankers Petroleum Ltd., Calgary, reported a sharply higher flow rate at its fifth horizontal well in Tishomingo field in the Ardmore basin in southern Oklahoma.

The company is making several efforts to increase capacity for its gas sales from the area.

Initial test rate at the Dunn 2-1H well was 4.8 MMcfd of gas equivalent in what the company supposed is the result of an unspecified modified hydraulic fracturing technique. The wells produce gas-condensate and oil from Mississippian-Devonian Woodford shale.

BNK Petroleum Inc., the US subsidiary, drilled and cased eight wells in the quarter ended June 30 and spud four others. The company, whose 4 MMcfd of gas equivalent of output from the play is limited by facilities constraints, plans to stimulate more wells as it obtains more gas processing capacity.

It installed a gathering system to connect the Brock wells to a processing plant that was completed in late March and is waiting on parts for a tap upgrade to remove throughput restrictions into a pipeline operated by Natural Gas Pipeline Co. of America.

Other work includes laying of gathering lines and addition of two compressors.

A temporary plant is being set up that will allow the company to hike production to as much as 20 MMcfd of gas equivalent, and processing agreements are complete with Atlas Pipeline and pending with Chesapeake Energy Corp.

Bankers' leasehold is in Carter, Murray, and Johnston counties (OGJ, May 26, 2008, p. 34).