Bridge Resources Corp. and Paramax Resources Ltd. are developing multiple gas formations in two project areas near Boise in western Idaho.
By OGJ editors
HOUSTON, Oct. 22 -- Bridge Resources Corp. and Paramax Resources Ltd. are developing multiple gas formations in two project areas near Boise in western Idaho.
In the Hamilton project area, the Espino and Tracy Trust wells have four zones developed whileereas the State 1-17, White 1-10, and Korn 1-22 wells have three zones. Evaluation, which included flow testing, pressure buildup tests, and gas analyses, allows the companies to be in a position to begin operations for commercial delivery of gas from the Hamilton area. All wells have high shut-in pressures, and the gas analyzes 1,012-1,050 btu/Mcf.
A gas gathering system is being designed. The five wells, which confirm a minimum gas-bearing area of 5,000 acres, are expected to be capable of combined deliveries in excess of 5 MMcfd.
The first Willow project area development well near the ML Investments 1-10 discovery is expected to spud around Oct. 24 on receipt of final permits and agreements for three development wells. The well locations are based on new seismic data shot and processed in July and August.
ML 1-15 is 1.1 miles south of the discovery. ML 1-14 is .8 mile southeast of ML 1-15. ML 1-13 is 1.1 miles east of ML 1-15. Several more locations have been identified for ongoing development.