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.
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