Abraxas Provides South Texas Operational Update

Abraxas has provided an operational update.

P In South Texas, the Nordheim #2H, a horizontal Edwards well which came on-line in January 2009 at 6 MMcfpd naturally from the first section of the lateral before being choked back to 3 MMcfpd was recently stimulated with a six stage frac and returned to production. The well is capable of producing at rates in excess of 10 MMcfpd but is currently being restricted to a rate of 4.6 MMcfpd due to low gas prices. Abraxas Petroleum owns a 75% working interest in this well.

"The results from the fracture stimulation on the Nordheim well certainly exceeded our expectations and should have a significant impact on our production volumes going forward. We have identified three additional locations on our existing leasehold adjacent to the Nordheim well," commented Bob Watson, Abraxas' President and CEO.


Our Privacy Pledge

Most Popular Articles
Related Articles

Brent Crude Oil : $51.38/BBL 2.44%
Light Crude Oil : $50.43/BBL 2.26%
Natural Gas : $3.14/MMBtu 0.94%
Updated in last 24 hours