California: Paloma appraisal well finds deeper zone

July 17, 2012
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.

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.

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.