Lucas Energy Re-enters Horizontal in Austin Chalk Play


East Texas Austin Chalk Play
(Click to Enlarge)

Lucas Energy has commenced drilling the Kayla Unit No.1 well, Gonzales County, Texas, a re-entry of a horizontal in the Austin Chalk formation.

The well was spudded on September 28, 2009 and is expected to be completed within two weeks. The well was originally drilled in 1991 and plugged and abandoned in 2005. Lucas will re-enter the well and clean out the horizontal leg acidizing the lateral in stages to restore production.

William A. Sawyer, President and CEO of Lucas Energy, said, "With oil prices at $65 per bbl, the cost of the workover should payout in less than 6 months."
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Completions Supervisor
Expertise: Drilling Foreman / Drilling Supervisor|Drilling Superintendent|Project Engineer|WellSite Supervisor
Location: Watkins, CO
 
Drilling Supervisor
Expertise: Drilling Foreman / Drilling Supervisor
Location: Houston, TX
 
Tool Pusher
Expertise: Field Service Tech|Toolpusher|Well Servicing & Testing
Location: Hobbs, NM
 
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours