Range Resources Ltd: Trinidad Well Spuds

Range Resources Limited announced Monday that the MD 51-1 development well (renamed MD 250 well) in Trinidad was successfully spud on March 10, 2016.

The well is currently drilling ahead to a total depth of 4,150 feet and is expected to take four to five weeks to reach its target depth. MD 250 will test deeper horizons of the Upper and Middle Cruse sand trends and explore the potential of out-step drilling. The well is a directional well from the previously drilled MD 248 well location.

The Upper Cruse sands, though penetrated by numerous surrounding wells, have not been “fully exploited in this area of the Morne Diablo field”, according to a Range statement. The Middle Cruse sands have been identified as well-developed in nearby wells with some of those having produced in excess of 100,000 barrels from this horizon during the well life.

As previously announced, the construction of a three-cellar drilling pad was completed in Trinidad during 2015. Initially, the MD 250 well will be drilled from the pad with the drilling of further wells from the dependent on the results.



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