Breitling Energy Corporation announces a new non-operated 35-percent participation in a 14-well developmental drilling program in West Texas, with the first spudding tomorrow.
Phase One has seven wells planned; six in Kent County and one in Knox County. The total acreage is approximately 8,500 non-contiguous acres between the two counties, leased throughout the past two years.
The prospects, which target oil with associated gas, are located on the eastern shelf in the upper Permian Basin, in a proven area with a long history of successful production. The major payzones between the 14 wells could include the Ellenburger, Mississippian, Bend Conglomerate, Strawn Sand, Frye Sand, and the Tannehill formations. Subsurface mapping, seismic and geochemical analysis were used to pinpoint the drilling locations.
The first well, Barker Trust #1, will be drilled vertically to approximately 5,000 feet in Kent County over a two-week period, with the Tannehill sand as the primary oil objective. The other six wells of Phase One should be drilled consecutively, with three to five days in-between to move the rig