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June 10, 2014
05:17 EDTSSNSamson Oil & Gas reports May production 18,449 BOE vs. 17,666 BOE in April
Billabong has a work over rig on the well and operations have recovered 16 joints. A further 10 joints are indicated to be free and expected to be recovered today, leaving 6 joints remaining to be recovered. Flow back operations have been completed on both Matilda Bay 2-15HBK and Matilda Bay 1-15HBK wells. Following the flow back on Matilda Bay 1-15H, that well bore will have its sleeves drilled out. A series of tests will be performed to determine the pressure loss point, which will then be repaired. The balance of the frack treatment will be conducted as a plug and perforation technique. The Bootleg 4-14-15TFH has been drilled to its total depth of 18,967 feet, where a 4.5 inch liner was set with a 30 stage sleeve completion. The Bootleg 5-14-15TFH well is drilling ahead in the Three Forks lateral at 16,631 feet. The Bluff #1-11 well has set 7 inch intermediate casing at 7,300 feet. Open hole wireline logs were run prior to this operation and preliminary analysis of the log data is still being evaluated by an independent petro-physicist affiliated with the contracted wireline operator. The preliminary indications are that there is calculated log pay in the both the Dakota and Morrison Formations. Using a 60% water saturation for a cut-off in determining oil productive zones, 23.5 feet of log pay is indicated in the Dakota and 3.5 feet in the Morrison. These intervals are only preliminary estimates and are subject to further evaluation after the primary objective has been drilled.
News For SSN From The Last 14 Days
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October 14, 2014
05:16 EDTSSNSamson Oil & Gas reports Sept. production 7,358 BOE vs. 10,219 BOE in August
Reports September production 245 BOEPD vs. 329 BOEPD in August. Reports September oil production 5,527 BO vs. 7,791 BO in August. Reports September gas production 10,988 MCF vs. 14,569 MCF in August. The infill development drilling of North Stockyard continues with the immediate fracking of 3 Three Fork wells. Drilling operations of the easterly Three Forks wells have progressed according to plan. During the fracking operations, the field was shut in to protect the existing well bores. This shut in period is expected to be lifted late in November following the completion of the immediate fracking program. Bootleg 6 and 8 fracks have been completed. Both frack jobs were 25 stages, 3.5 million pound treatments. The Bootleg 7 frack job is underway. The Billabong 2-13-14HBK well is presently scheduled to be fracked in November and the frack will consist of 35 stages. Frontier Rig 24 is currently on the TF north pad and has drilled and completed the Ironbank 4-14-13TFH in the Three Forks formation. The rig is drilling Ironbank 5-14-13TFH where it has set the production casing at 11,655 feet and is currently drilling the lateral portion of the wellbore at 11,733 feet. The Gladys 1-20 H well has been drilled by Continental Resources to a total depth of 19,994 feet. The well is a 1,280 acre lateral in the middle member of the Bakken Formation. Since the Glady’s 1-20H was turned onto production September 7th, the well has produced an average of 414 BOPD.

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