Fox Petroleum Inc. announced that Halliburton service crews have arrived on site at the Spears Gas Unit 2, Well #1 in Pecos County, Texas and that stimulation of the well is scheduled to take place this week. Halliburton is an international full service giant, with many decades of experience in improving the life cycle of oil and gas reservoirs.
Fox and partners enlisted the services of Halliburton to stimulate and clean the well bore to enhance production by using acid fracturing methods, in hopes of improving the 2.5 million cubic feet of gas per day (mmcfgpd) that initial testing after drilling yielded.
Alex Craven, Vice President, Finance noted, "Stimulating this well's production is important for our company. This is in line with Fox's strategy to improve revenue streams through increased production. We have faith that the services Halliburton will provide us will help protect our investment in Texas."
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