Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, has spud the Breitling-Limelight #1 on January 28, 2012 in Hardeman County, Texas.
The Breitling-Limelight #1 is located in southeastern Hardeman County, 9 miles southwest of the Chillicothe town site. The well will be drilled to approximately 8300' and is targeting the Mississippian Chappell. Strong secondary objectives are the Canyon Reef, Palo Pinto Lime, Strawn Sand, Bend Conglomerate and the Holmes Sand. The Breitling-Limelight prospect was developed based upon advanced 3-D seismic analysis. The target of the Limelight #1 is a well-defined 3D seismic structure with definite 4-way closure. The structure is a very large anticlinal mound covering over 160 acres.
Management anticipates the well will reach total depth in about 17 days. Well completion and testing should begin during the first week of March.
Breitling Oil and Gas CEO Chris Faulkner stated, "There have been some significant wells drilled nearby the Limelight here in the Hardeman Basin."
Faulkner added, "We feel we have a perfect acreage position directly on top of this anticlinal mound."
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