Crimson Exploration has begun production from two wells located in Texas, US, following completion of drilling activity.
The Littlepage McBride #5H (53% WI) and #6H (53% WI) wells in Karnes County targeted the Eagle Ford Shale formation.
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The Littlepage McBride #5H was drilled to a total measured depth of 16,200 feet, including a 5,460 foot lateral, with 18 stages of frac.
The Littlepage McBride #6H well began production at a gross 24-hr test rate of 1,096 Boepd (989 Bopd and 658 Mcfpd) on a 16/64th choke and 2,435 psi of flowing tubing pressure.
The well was drilled to a total measured depth of 16,059 feet, including a 5,290 foot lateral, with 18 stages of frac. Crimson’s gross IP average rate at 1,067 Boepd for the first six wells drilled on the Littlepage McBride leasehold.
Crimson Exploration president and chief executive officer Allan Keel said the continued positive results in Karnes County will further validate Crimson’s ability to capitalise on its unconventional oil assets as well as continue to develop new opportunities organically.
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By GlobalData"We are currently in the process of finalizing our capital programme for 2012, which will be focused on further developing our oil / liquid weighted assets in the Eagle Ford and Woodbine formations, while staying within cash flow," added Keel.
The company said the Littlepage McBride #7H (53% WI) has reached a total measured depth of 16,435 feet, including a 5,950 foot lateral. Completion operations will start in January 2012 with 19 stages of frac expected to be conducted.