Testing Underway at Reef's Ausable Well

Reef Resources announced the contracted service rig is now on the Ausable #5 well in preparation for the testing and completion. The completion program comprises drilling out cement and a bridge plug in the production casing, swab testing of the lower Goat Island zone and completion of the Guelph formation using a multi-stage selective acid treatment. After acidization the well will be flow tested over a period of several days to ensure clean up. These operations are expected to take between 15 to 25 days to complete.

Reef previously announced the log analysis on the Ausable #5 well, with log analysis indicating 72 meters net pay of oil and NGL's in the Guelph and A2 formations.

Reef will be announcing test results after completion of Ausable #5 and the details of the next development steps in the Enhanced Oil Recovery - Natural Gas Liquids program in due course. The Ausable reef is currently on production and is generating revenue from the initial program which commenced in 4th quarter 2010.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Maintenance Assistant
Expertise: Maintenance Technician
Location: Denton
 
Maintenance Electronics Technician
Expertise: Maintenance Technician
Location: Denton
 
Equipment Operator
Expertise: Cementing|Coil Tubing|Maintenance Technician
Location: El Reno
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours