Halcon to Spud 10-12 TMS Wells in 2014
Halcon Resources Corporation provided Monday an operational update related to its 314,000 net acre position in the Tuscaloosa Marine Shale (TMS).
The Horseshoe Hill 11-22H-1 (92 percent WI) well in Wilkinson County, Mississippi, achieved a 24-hour average initial production rate of 1,208 barrels of oil per day and 1.1 million cubic feet per day of 1,551 BTU natural gas on a 19/64 inch choke. Based on gas composition analysis and assuming full ethane recovery, the Company estimates that the well would produce an additional 212 barrels of NGLs per day for a total 24-hour average initial production rate of 1,548 barrels of oil equivalent per day. The well has a 7,060 feet effective lateral and was completed with 24 frac stages, 21 of which were effectively pumped and 3 of which were partially pumped (less proppant placed than designed).
Halcon drilled this well in 39 days (spud to TD).
The Company has drilled the Black Stone 4H-2 (87 percent WI) well in Wilkinson County, Mississippi, in 28 days (spud to TD) with a 5,400 feet lateral.
Completion operations are expected to commence this month.
Halcon recently spud the Fassman 9H-1 (84 percent WI), located in Wilkinson County, Mississippi, with a second rig and is planning a 6,030 feet lateral for this well.
The Company has also spud the SD Smith 1H (62 percent WI), located in Wilkinson County, Mississippi, and is planning a 7,660 feet lateral for this well.
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