California: Paloma appraisal well finds deeper zone

Neon Energy Ltd., Perth, said its Paloma Deep-2 appraisal well in the San Joaquin basin of California confirmed the extension of the hydrocarbon-bearing zones encountered in its Paloma Deep-1 discovery well and penetrated a McDonald sandstone reservoir with good oil and gas shows.

Alan Petzet

July 17, 2012

Neon Energy set 7-in. liner for tests. Total depth is 13,931 ft at Paloma Deep-2.

Meanwhile, the Paloma Deep-1 well stabilized at 7 b/d of oil and 20 Mcfd of gas from additional Lower Antelope shale perforations in a more sand-prone section. Neon Energy called the 32% oil cut encouraging because it comes from an unstimulated vertical section. The company plans to test several shallower zones.

About the Author

Alan Petzet

Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.