Scandoil  

Mexco Energy declares additional development of properties


Published Sep 9, 2014
Mexco Energy Corporation

Mexco Energy Corporation announces production results of three new wells in the "B" bench of the Wolfcamp formation in Reagan County, Texas. These wells produced at an average rate respectively of 877,713 and 883 barrels of oil equivalent (Boe) per day, during the first eleven days of production through September 1, 2014 by centrifugal downhole pumps which were not operated at full capacity.

The results are not necessarily indicative of future rates of production or reserves. These three wells are the first three of seven wells to be drilled to a vertical depth of 8,000 feet and a horizontal length of approximately 7,150 feet with a 50 stage zipper fracture treatment.

Mexco's interest in these wells is 1.45% working interest (1.25% net revenue interest). Mexco has expended approximately $400,000 on these wells to date.

Tags: Mexco Energy Corporation




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml