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Target Energy provides Fairway operations update


Published Nov 12, 2014
Target Energy-2

US-focused oil and gas producer Target Energy Limited provides the following operations update for its Fairway Project in West Texas.

In Glasscock County, Ballarat 185 #1 (Target WI: 50%) was put on pump on 5 November 2014. Initial production in the following three days averaged 117 BOPD and 253 BW with "strong gas" reported. The well still has approximately 18,400 BW to recover.

Completion of the Fusselman carbonate is underway at BOA North #5 in Howard County (Target WI: 50%). A completion rig was mobilized to the site on 6 November 2014.

At the Taree 193 #1 well in Glasscock County (Target WI: 50%), a fracture stimulation program has been scheduled for 20 November 2014. Potentially productive pay zones in the Ellenburger and Fusselman zones will be tested prior to the stimulation program.

Tags: Target Energy




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