Fossil Oil Makes Discoveries in Texas Counties
Fossil Oil Company, LLC announced its newest gas/condensate discoveries by first drilling the deep, 3D seismic-based Cook Mountain well in Liberty Co., TX, and a second oil/gas discovery by drilling a dual-stacked, horizontal well into the Buda and Georgetown formations in Brazos Co., TX.
The Bandit #1 Well is a deep 15,000 feet Cook Mountain (Yegua Sand) formation that tested on a conservative 7/64th choke flowing 140 Barrels of Oil and 1.3 Million Cubic Feet of Gas. Opening the choke to a 10/64th, testers measured the gas volume over 2 Million Cubic Feet of Gas a day and the oil to nearly 300 Barrels of Condensate per day. The flowing tubing pressure remained stable at 8,500 psi throughout the 48 hour test. A pipeline is being built and the tank battery installed currently.
The Gary Bryant #1H Well is a 9,200-feet vertical well with 3,500-foot laterals in the Buda formation and in the Georgetown formation. This well was flowing gas and oil throughout the drilling of each of the stacked laterals. A pipeline is currently being installed to the interstate sale line along with the production facility.
"What a sight to behold," said Fossil Oil's President Dennis R. Kittler during the initial flaring of the gas while cleaning up during the well testing.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Most Popular Articles
From the Career Center
Jobs that may interest you