In Gastar Exploration Ltd. said the Belin-2 well in East Texas cut 130 net ft of pay in five sand intervals in Jurassic Lower Bossier.
The well went to a total depth of 19,650 ft in a nonproducing fault block on the Hilltop structure in Robertson and Leon counties. It confirms the presence of high-quality reservoirs in the downthrown fault block.
Gastar, with 67% working interest before payout, plans to complete the well in two initial zones and, depending upon the availability of frac stimulation services, expects the first of these initial completions to be on line by the end of April. Projected completed well cost is $11 million.
The company plans to drill the Belin-3 well while continuing to focus on exploitation of the shallower Eaglebine and Glen Rose oil formations on this same acreage.
NorthBreitling Oil & Gas Corp., Irving, Tex., has spudded a development well to Holmes sand and Mississippian Chappel dolomite in Hardeman County, Tex.
The company purchased three 2D seismic lines to verify the structural and stratigraphic position of the Holmes sand at the Breitling-Turner-1 drillsite. The well is on a 640-acre closure. Projected depth is 7,600 ft.
Breitling said the Holmes is a high-quality sand reservoir encased in the Barnett shale. At least two proved undeveloped locations exist.
UtahNewfield Exploration Co. and Harvest Natural Resources Inc. are drilling the last well in the current phase of the Monument Butte field extension project in Utah's Uinta basin.
Thirteen Newfield-operated wells have produced 350,000 bbl of oil and 1.3 bcf of gas since the program began in December 2009, said Harvest. The 13 wells are making a combined 500 b/d of oil and 8 MMcfd of gas.
Fourteen wells, including one operated by Harvest, are on production. The program's most recent well, Meagher 10-20-4-2, has made 8,000 bbl of oil and 8 MMcf of gas since going on production in late December 2010. The Newfield-operated Stewart 1A-29-4-2 well is drilling. Harvest has 40% average working interest in the 13 Newfield-operated wells.
The Harvest-operated K Moon 2-13-4-3 well was spud in November 2009 and began production on Feb. 16, 2011. The well has exceeded initial production expectations by making more than 1,500 gross bbl of oil flowing in the first 12 days. A pumping unit will be installed in the next few weeks.
The Moon well, in which Harvest's interest is 60%, is a large step toward confirming the prospectivity of the Harvest-operated acreage in the field extension project. Harvest has identified and prioritized 50 operated locations that will represent the next phase of extension drilling when it is initiated.
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