Daybreak Oil & Gas Inc., Spokane, Wash., has drilled its 10th and 11thhorizontal oil wells at Twin Bottoms field in Lawrence County, Ky. (OGJ Online, Mar. 28, 2014).
The Raymond Lyons H-23 well was drilled to a measured depth of 4,676 ft. Logs and other measurement data indicate that the horizontal section of the wellbore encountered 3,338 ft of oil-bearing sandstone.
The Raymond Lyons H-24 well was drilled to a measured depth of 4,933 ft. Logs and other measurement data indicate that the horizontal section of the wellbore encountered 3,547 ft of oil-bearing sandstone.
Daybreak has scheduled H-23 and H-24 to be hydraulically fractured on or about Sept. 22 and 29, respectively. A central production facility will be built on the joint H-23 and H-24 location to service these and future wells. Due to the rough terrain, the facility construction cannot begin until the two wells are fraced and completed, the company says.
Initial production from H-23 and H-24 is expected near the end of October. Daybreak notes, however, that stabilized production rates will not be provided until at least 45 days after production begins.
The drilling rig will now be moved to the Hershel Cordell H-20 location. Following the drilling of that well, the drilling rig will be moved to the Dwight Dillon H-22 location as part of the development program.
"In our initial evaluation of the Twin Bottoms Field we identified 40 drilling locations,” said James F. Westmoreland, Daybreak president and chief executive officer. “Since then, we have steadily been adding to our acreage position, and based on our past drilling results, we have now identified over 60 total drilling locations.
“As we continue to expand our acreage position and evaluate our drilling results, we expect to add additional drilling locations that will provide a number of years of very low-risk drilling opportunities for the company," Westmoreland added.