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Gulf Coast.(EXPLORATION HIGHLIGHTS)(petroleum industry)

Publication: Oil and Gas Investor

Publication Date: 01-JUN-06
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COPYRIGHT 2006 Hart Publications, Inc.

1 West Mountain Operating Co. Inc., Longview, Texas, permitted a directional wildcat to 4,200 ft., a deep well for the area. The #1 Lucky 7 Ranch well is nearly seven miles south of Corsican in southern Navarro County (RRC 5) in William R. Bowen Survey, A-58. It will bottom in the same survey 467 ft. east of the surface location. The closest production is nearly 1.5 miles northwest in Powell Field. That well, drilled in 1944, was completed for three bbl. of oil a day from less than 2,890 ft. Corsican Field lies more than four miles east-northeast, but only 27 wells in that field have produced from depths below 2,000 ft. in Nacatoch and Woodbine. The main reservoir for that field is Nacatoch, which feeds more than 1,200 wells.

2 More than a mile from the nearest producer, Unit Petroleum Co., Houston, will drill #1 Grauke Gas Unit, a Freestone County, Texas, (RRC 5) wildcat. The well will bottom at 18,730 ft. in Isaac D. Parker Survey, A-503, less than 1,000 ft. north-northwest of the surface location. The surface location is two miles northwest of the Leon County line. The closest producer lies west-northwest where the #2 Best Unit has produced 106.83 million cu. ft. of gas, 35 bbl. of condensate and 9,201 bbl. of water from Bossier perforations between 13,426 and 13,802 ft., according to IHS Energy.

3 Eastern Anderson County, Texas, (RRC 6) will host an apparent Pettet wildcat for Bayou City Exploration Inc., Houston. The well is about four miles west of the Cherokee County line in William Puachard Survey,...

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