Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/worthingtons-i-1-well-begins-daytime-production.shtmlWorthington's I-1 well begins daytime production
Worthington Energy, Inc. says that the Company's I-1 well is on track and moving towards initiating a continuous 24 hour production schedule.
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Worthington Energy, Inc. says that the Company's I-1 well is on track and moving towards initiating a continuous 24 hour production schedule. Worthington has a 10.35% interest in the I-1 well and a 2% override interest in the entire 1,400 acres of the Mustang Island 818 Lease position, which is located in the shallow waters of Kleberg County, TX in the Gulf of Mexico.
"I am pleased to report that we are currently producing at an 8 hour per day cycle," stated Worthington Energy, Inc. President & CEO, Mr. Tony Mason. "Shut-In tubing pressure (SITP) is 4,150 psi and flowing tubing pressure (FTP) has stabilized at 3,450 psi, up from earlier measurements of 3,250 psi, as we prepare to initiate 24 hour production."
