Texas-West
By OGJ editors
HOUSTON, Mar. 2 – Arena Resources Inc., Tulsa, plans to keep four rigs busy throughout 2010 to drill 300 or more development wells in giant Fuhrman-Mascho field in Andrews County, West Texas.
Fuhrman-Mascho spending in 2009 was $104 million. Arena drilled 176 wells in 2009, down from 221 in 2008, including 74 San Andres development wells in the fourth quarter on 40, 20, 10, and 5-acre spacing.
The company drilled 221 wells in the field in 2008 and ran a single rig in the first half of 2009. It plans to explore deeper potential on existing Fuhrman-Mascho leases and look for new areas of interest in the Permian basin.