Strike Drills Ahead at Homeplace Prospect

Strike advised that progress continues to be made at the Sadie-1 well at the onshore Homeplace prospect in the Gulf Coast, Texas, USA.

The Sadie-1 well is drilling ahead at a depth of 10,341 feet (3,153 meters) after setting of casing (9 5/8" liner) at 7,690 feet (2,344 meters). The well is scheduled to reach the proposed total depth of 12,500 feet (3,881 meters) within 2 to 3 weeks.

The Homeplace prospect in the Wilcox Formation has a prospective gas resource of 15-20 billion cubic feet (Bcf) of gas and has the potential to significantly increase the Company's growing gas and condensate reserves.

Sadie-1, where Strike holds a 40% working interest, is the first well in a six well drilling program targeting Wilcox Formation Plays of the type that lead to past gas/condensate discoveries at Rayburn, Mesquite and Louise.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Tool Tech
Expertise: Maintenance Technician|Mechanic|Rig Mechanic
Location: New Iberia, LA
Downhole Mechanical Tech II : HALJP00006169 - Houston TX
Expertise: Mechanical Technician|Rig Mechanic
Location: Houston, TX
United States Houston: Application Evaluation Specialist
Expertise: Drilling Engineering|Field Development
Location: Houston, TX
search for more jobs

Brent Crude Oil : $49.3/BBL 0.80%
Light Crude Oil : $46.79/BBL 0.70%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours