Only two more wells are needed to validate nearly all of Quicksilver Resources Inc.’s exploratory licenses in the Horn River basin of Northeast British Columbia and convert them to 10-year development leases.
Quicksilver completed its 2010-11 winter drilling program in the basin and has now drilled a total of eight horizontal wells into the Muskwa and Klua/Evie formations, of which four are on production. The company has also drilled its first horizontal well into the shallower Exshaw oil formation and expects to complete it this summer.
The in May completed the construction and compression related to its 20-mile, 20-in. gathering line that will serve as the spine of transportation from its Horn River acreage. Completion of this line allows the company to flow gas from its four completed gas wells at unrestricted rates of more than 30 MMcfd and minimize transportation costs.