Scott and Hopper #4 -- Brooks County, Texas
Whittier has successfully re-completed the Scott & Hopper #4 well into 30' of net pay from one of the three shallower sands previously identified when the well was drilled in February 2005. The well was brought on at approximately 4 Mmcfe per day on September 18, 2005 and is currently producing 3.5 Mmcfe per day (1.6 Mmcfe per day net) with flowing tubing pressure of 5,600 psi. The previously producing 9,500' Vicksburg interval has been temporarily isolated and the Company plans to return to this interval upon depletion of the shallower sands. The Company has an approximate 56% working interest in the well until a 400% payout of the Company's investment in the well is reached, and a 42% working interest thereafter.
Bryce W. Rhodes, Whittier's President and Chief Executive Officer, said, "We are fortunate that all of our employees are safe and our assets sustained very little physical damage. We are working hard to return to normal operations as soon as possible." He added "We are also very pleased with the performance of the recently re-completed Scott and Hopper #4 well and we will monitor the well closely to determine if there may be additional development potential on this 640 acre lease."
Most Popular Articles
From the Career Center
Jobs that may interest you