Bridge, Paramax Complete 3rd Well in Idaho

Bridge Resources and Paramax Resources announced that the third joint well in their Idaho drilling program, the Island Capitol 1-19, has been drilled to total depth of 4,385 feet and has encountered several gas-bearing sands.

Based on mud-log shows and wire-line logs, production casing has been run and cemented to test potential pay sands in a gross interval from 3,178 feet to 3,600 feet. Logs indicate the sands are clean with porosities in excess of 25%. The production testing will be undertaken with the same completion rig that has now arrived in Idaho to test the previously cased M.L. Investments 1-10 and Espino 1-2 wells.

The exploratory drilling program is both significantly ahead of schedule and under budget. The gross cost for all three wells drilled to date, including production casing, is less than $3 million. The fourth well in this initial five-well exploratory drilling program is expected to spud within two days. The Teunissen 1-17 is located 7 km southwest of the Espino 1-2 and has a projected total depth of 4,500 feet.

The first well to be tested with the completion rig will be the M.L Investments 1-10. The completion procedure schedule anticipates that flow testing will commence within two weeks.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Well Monitoring Specialist
Expertise: WellSite Supervisor
Location: Houston, TX
Chief Mechanic (6th Gen Drillship)(Contract)
Expertise: Rig Mechanic
Location: Houma, LA
ET (Deepwater Drillship)
Expertise: Rig Electrician
Location: Houma, LA
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours