PetroQuest group has Louisiana Cris R Massive find

PetroQuest Energy Inc., Lafayette, La., is completing the Thibodeaux-1 well, a gas-condensate discovery in Vermilion Parish, La. (OGJ Online, July 19, 2011).
Nov. 11, 2011

PetroQuest Energy Inc., Lafayette, La., is completing the Thibodeaux-1 well, a gas-condensate discovery in Vermilion Parish, La. (OGJ Online, July 19, 2011).

Yuma E&P Co. Inc., Houston, which generated the La Posada prospect, said the well went to a TD of 19,079 ft and logged 248 ft of pay in Cris R Massive sands. It said the well is expected to produce at 20-30 MMcfd of gas with 20 b/d of condensate and 36 b/d of natural gas liquids per million with reserves estimated to be greater than 100 bcfe.

Yuma is marketing the Tigre Lagoon prospect adjacent to La Posada targeting the same objectives with the same reserve size.

Partners in La Posada are PetroQuest, Stone Energy Corp., Walter Oil & Gas Corp., JGC Energy Development, Chalkley Exploration, Guardian Oil & Gas, and Gulf Coast-Mid-West.

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.

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