Saratoga Resources, Inc. SARA today
provided an update on recent drilling activities, including the results of the
previously announced SL 195 QQ-209 “Buddy” development well and results of
recompletion operations on the previously announced MP-47 SL 195 QQ-24 “Roux”
well.
The Buddy development well in Grand Bay Field was drilled to a total depth of
6,820 feet MD/TVD and was successfully completed in the 3A sand. Flow testing
of the Buddy well demonstrated an IP (initial production) test rate of 208 net
barrels of oil equivalent per day (Boepd). Flowing tubing pressure was 580
pounds per square inch on a 19/64” choke.
The Roux well underwent a successful gravel pack recompletion in the 29M sand,
while preparing the shallower 20 sand as a future non-gravel pack completion.
Flow testing of the Roux well demonstrated an IP test rate of 154 net Boepd.
Flowing tubing pressure was 990 pounds per square inch on a 18/64” choke.
Saratoga also announced that it has commenced drilling operations on the MP-47
SL 195 QQ-25 “Roux Toux” development well as a directional well to a projected
total depth of 8,553' MD/8,000' TVD at the northern edge of the Grand Bay
Field. The well is targeting the 10 through 17 sands. Drilling operations on
the Roux Toux well are expected to be completed by early February.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in