Empyrean Posts Production Update on Sugarloaf
Empyrean provided the following update on production at the Sugarloaf Project within the Sugarkane Gas & Condensate Field, Texas.
The following well has reached the 30 day production milestone:
|Fractured Horizontal Length (ft)||Total Gas Production (mmscf)||Total Condensate Production (bbls)||Average Daily Equivalent Gas Rate (mmscfe/d)*|
|Rancho Grande #1H||4900||85||31,200||16.2|
* The equivalent gas rates have been calculated to reflect value using a 12:1 conversion ratio for condensate and a 25% uplift on gas equivalent volumes due to the high calorific value of the produced gas.
As was reported on June 8, 2010, this well is being operated on a restricted choke as part of the optimization of decline rates and ultimate recovery.
- Empyrean Expects Further Upside from Sugarloaf AMI Project in 2016 (Dec 31)
- Empyrean Sees Upgrade to Eagle Ford Shale Asset (Jul 08)
- Empyrean Reports Production Decrease at Sugarloaf (May 21)