New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:15 EDTSSNSamson Oil & Gas provides operational advisory
The Rennerfeldt 2-13-HBK well was spudded on January 10 and drilled to 2,450 feet, where the surface casing string was set and cemented. The well was drilled to 10,802 feet to the kick off point and the bottom hole assembly was tripped out of the hole to be replaced with an assembly to drill the curve. During this operation, two drill collar dies were lost in the hole, requiring them to be milled prior to drilling the curve to 11,500 feet MD. Rennerfeldt 1 has been drilled to 11,571 feet, where the 7 inch production was set and cemented. The forward operation will be to drill the 4,300 foot lateral in the Middle Bakken once Frontier Rig 24 has completed drilling operations on the Rennerfeldt 2-13-H well. The Tooheys well is flowing restricted on a 21/64ths choke and has averaged 800 bopd over the last 10 days. A coil tubing unit has successfully drilled out 30 of the 32 frac plugs; the last 2 frac plugs will not be drilled out. The flow back has begun and rates will be reported next week after the well cleans up. A coil tubing unit has drilled out 19 of the 22 frac plugs. Once the operation is completed, flow-back of the Coopers well will be initiated. Coopers, Tooheys and Little Creature are located on the Tofte 2 pad on the northern boundary of Section 14.
News For SSN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2015
05:07 EDTSSNSamson Oil & Gas reports March production 31,408 BOE
Subscribe for More Information
April 9, 2015
10:02 EDTSSNStatoil makes oil discovery in Gulf of Mexico
Statoil (STO) announced that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico. The Yeti discovery expands the proven sub-salt Miocene play further South and West of Big Foot," said Jez Averty, Statoil's senior vice president, exploration for North America. "We are analyzing data to determine the size of the discovery in order to consider future appraisal options." The Yeti discovery was made in Walker Ridge block 160, which is located approximately 15 km (9 miles) south of the Big Foot field, and 11 km from the Cascade field. All of the blocks making up Yeti were accessed by the current owners in recent years. Yeti was drilled with the Maersk Developer drilling rig, a sixth generation semi-submersible. Statoil reports that its drilling efficiency with Yeti was among the best of any well drilled in Walker Ridge, achieving a drilling performance level of approximately 120 meters per day. The rig has moved on and is currently drilling Statoil's Thorvald prospect in the Mississippi Canyon block 814. Statoil is the operator of Yeti, and its partners are Anadarko (APC) and Samson (SSN).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use