Aurora Oil & Gas Limited confirms it is highly encouraged by the results to date of a downspacing pilot program within its non-operated Sugarkane Field acreage in the Eagle Ford. The results are based on 13 wells on which there has been more than 6 months production and other more recently drilled wells, all of which have been drilled at less than 80 acre (660 ft) spacing.
The downspacing pilot program is investigating the performance of wells spaced and drilled 60 acres (500 ft) and 40 acres (330 ft) apart. Results that support relatively minimal negative impact on well performance will generate increased recoverable reserves and higher field returns. The ultimate objective is to maximise the recovery factor taking into account economic returns.
The 13 pilot wells used as the basis of the preliminary results have been compared to equivalent 80 acre type curves and show statistically comparable performance. Moreover, when corrected for downtime, results show early term improvement in well productivity for tighter spaced wells.
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Aurora Oil & Gas Corporation
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