New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 22, 2014
05:05 EDTSSNSamson Oil & Gas provides operational advisory
The 4-1/2 inch production liner has been set and cemented successfully in the Bootleg 7-14-15TFH well. Frontier Rig 24 is currently drilling the vertical portion of the wellbore at 8,549 feet on the Bootleg 6-14-15TFH. Once the Bootleg 6-14-15 TFH is drilled the rig will then be moved to the north pad and begin drilling the two Ironbank wells. A work over rig completed running the rod string on Matilda Bay 2, and the well is now flowing. The Matilda Bay 1 is currently undergoing a liner repair. Following this work over the fracture stimulation program will be completed. As previously advised further consideration is being given to testing a zone in the Bluff 1-11 wellbore in the primary target, the Permian Hartville Formation. The Gladys 1-20 H well is being drilled by Continental Resources. The well is a 1,280 acre lateral, approximately 10,000 feet, in the middle Bakken. The curve has been drilled and landed in the Middle Bakken, and 7 inch casing has been run and cemented and a depth of 10,436 feet. A work over rig was moved onto the well July 16th to re-establish production. Rods were parted at the top of the pump. Tubing was pulled to retrieve the pump. Tubing, rods, and a new pump were run back in hole, and the well was put on production July 18th. Since then, the well has flowed 317 bbls oil at a rate of 159 BOPD.
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 16, 2014
05:17 EDTSSNSamson Oil & Gas provides operational advisory
Subscribe for More Information
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.

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