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Eastern U.S.(discovery and exploration)

Publication: Oil and Gas Investor

Publication Date: 01-AUG-05
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COPYRIGHT 2005 Hart Publications, Inc.

1 Gibraltar Energy Co., El Dorado, Ark., has scheduled a 6,200-ft. wildcat in northeastern Clay County, Miss., to look for oil in the Lewis. The company's #1 Tumlinson "3-14" is in undrilled Section 3-17s-7e, about three miles southwest of the junction of Monroe and Lowndes counties in the Black Warrior Basin. The town of West Point is 4.5 miles west. The nearest producer is 3.25 miles north-northeast in Corinne Field. There. the #1 Weyerhaeuser "25-4" produced 123.72 million cu. ft. of gas, 218 bbl. of condensate and 98 bbl. of water from Lewis perforations from 5,912-18 It. between 1983 and 1987, according to IHS Energy. Corinne Field has produced from Pennsylvanian and Mississippian pay zones since its discovery in 1972.

2 A Smackover discovery flowed 650 bbl. of oil and 1.58 million cu. ft. of casinghead gas a day in Escambia County, Ala.. for Ventex Operating Corp., Dallas. The company's #1 ATIC "27-8" tested perforations between 14,246-74 ft. through a 19/64-in. choke with 1,434 psi of flowing tubing pressure. The well is in Section 27-3n-7e in the northwestern section of the county. The nearest production is a mile southwest at the single-well Smiths Church Northwest Field in Section 34. That discovery has produced 430,850 bbl. of oil, 1.07 billion cu. ft. of gas and 113,167 bbl. of water from Smackover perforations between 14,549 and 14,601 ft. The well produced 1,269 bbl. of oil, 5.15 million cu. ft. of gas and 3,144 bbl. of water in December.

3 RK Petroleum Corp., Midland, Texas, staked a wildcat looking for Silurian oil...

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