New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 25, 2014
05:07 EDTSSNSamson Oil & Gas provides operational advisory
The infill development plan for Samsonís North Stockyard project is to drill 10 middle Bakken wells and 8 Three Forks wells. The fracture stimulation of the Blackdog 3-13-14H well commenced on March 9th, and was completed March 21st. This frack was the largest undertaken in Samsonís North Stockyard project to date and pumped 8.5 million pounds of proppant in 38 stages. This represents a proppant concentration of around 1,000 pounds per foot of proppant, which is in line with current industry practice of the use of larger volumes of proppant to deliver larger ultimate reserves. The well is currently shut in and will be flowed back later this week. Sail and Anchor is shut in during the Blackdog frack and continues to await a coil tubing clean out in conjunction with Blackdog. Frontier 24 is drilling the two Matilda Bay wells in batch mode and has set surface casing on both wells, with Matilda Bay #1 running a 7 inch casing string. Following the cement of this casing string the rig will skid to Matilda Bay #2 to drill the curve and set the 7 inch production casing. The Rennerfelt #1 and 2 wells are ready for the frack crew, which is now expected to arrive April 27th.
News For SSN From The Last 14 Days
Check below for free stories on SSN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 9, 2014
05:10 EDTSSNSamson Oil & Gas provides operational advisory
Production has decreased significantly from July due to new and legacy wells in North Stockyard being shut in for offset fracs. These wells will be put back on production during September as the offset fracs are completed. The lost production is expected to be made up once these wells are restored to production due to the additional fracturing resulting from the new well fracs. The infill development plan for North Stockyard consists of 8 middle Bakken wells that have been drilled and 22 Three Forks wells. The Three Forks wells consist of 8 First Bench Three Forks wells, 6 Second Bench Three Forks wells, and 8 Third Bench Three Forks wells. The Matilda Bay 2-15H is currently flowing and has produced an average of 344 BOPD over the course or the last week. The Matilda Bay 1-15H will remain shut in until the Bootleg 6, 7, and 8 fracks are completed. The Billabong 2-13-14HBK well is presently scheduled to be fracked at the end of Sept and the frack will consist of 35 stages. The Bootleg 4 & 5 wells were flowed back briefly but are currently shut in for the Bootleg 6, 7, & 8 frac. Bootleg 6, 7, and 8 are set to have wireline work done for pressure testing. The fracks are scheduled for the last half of Sept. Each well is programmed for a 30 stage frack. Frontier Rig 24 was released from Bootleg 8 and was moved to the TF north pad. Currently it is being rigged up on the Ironbank 4 location where it is scheduled to drill two eastern laterals in the TF-1 bench.
September 3, 2014
05:16 EDTSSNSamson Oil & Gas provides operational advisory
Subscribe for More Information

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