Delta Oil & Gas to Begin Drilling at Palmetto Point Prospect


Palmetto Point, Mississippi
(Click to Enlarge)
Delta Oil and Gas says that drilling is expected to commence this week on its first of ten potential natural gas wells at Palmetto Point, Mississippi.

The Drilling Program shall be conducted by Griffin & Griffin Exploration in its capacity as Operator. This will consist of the drilling, logging, testing, completing and equipping for production (or if applicable, the plugging and abandonment) of ten wells. Depending on rig availability, it is expected six of the first ten wells will be completed within the next two to three weeks. Griffin anticipates drilling to a subsurface depth equal to such depth as is necessary to penetrate the sands of the Frio Formation identified as potentially productive of oil and/or gas. Griffin has drilled, owned or operated more than 100 Frio wells in the region.

The prospect wells are located in the Frio Geological formation. Frio wells typically enjoy low finding costs and have a high degree of success. The gas targets occur at shallower depths, and have minimal completion costs.

The Frio in the area of Southwest Mississippi and North-Central Louisiana is a very complex series of sand representing marine transgressions and regression and therefore the presence of varying depositional environments. Structurally, the Frio gas accumulations are a function of local structure and/or structural nose formed as a result of differential compaction features. However, stratigraphic termination (i.e. up dip shales outs of sands) also plays a role in most Frio accumulations. The stratigraphy is so complex that seismic HCL evaluations are the only viable exploratory tool for the Frio prospect.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Geologist
Expertise: Geologist
Location: St. Louis, MO
 
Mudlogger / Wellsite Geologist
Expertise: Geologist|Mud Logging
Location: Midland, TX
 
Senior Petrophysicist
Expertise: Petrophysicist
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours