New Mexico

Cimarex Energy Co., Denver, and FieldPoint Petroleum Corp., Austin, will drill two or more horizontal wells to the Bone Spring formation in Sec. 15 of East Lusk Federal field in Lea County, NM.

By OGJ editors
HOUSTON, June 21
– Cimarex Energy Co., Denver, and FieldPoint Petroleum Corp., Austin, will drill two or more horizontal wells to the Bone Spring formation in Sec. 15 of East Lusk Federal field in Lea County, NM.

A third well is possible depending on outcome of the first two wells. Working interests are Cimarex 37.5%, FieldPoint 43.75%, and others 18.75%. The wells, to be drilled at a cost of $4 million/well, are to have 4,500-ft laterals in Bone Spring at 9,500 ft true vertical depth.

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