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IFR provides Tecolutla production update – new horizontal set to drill

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Oilfield Technology,


International Frontier Resources Corporation has announced an update of the results for extended production testing operations of the first vertical well (“TEC-10”) drilled by its joint venture (JV), Tonalli Energia at the Tecolutla onshore oil and gas block in Mexico.

At Tecolutla, Tonalli started its second test period of the TEC-10 producing well on 20 September, 2018 as part of its approved evaluation plan. Perforation and stimulation of the TEC-10 well commenced in late June targeting multiple zones in the El Abra reef.

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As of 31 October, 2018, TEC-10 has produced for 42 days consecutive days from 2.5 m of perforation with the following results:

As of 31 October, 2018 the well flowed for the last 24 hours at an estimated rate averaging 181 bbls of crude oil and 320 barrels of total fluid (57% crude oil by volume) at 741 psi flowing pressure.

In October, the well produced an average of approximately 181 bbls of crude oil per day and 312 bbls of total fluid per day (58% crude oil by volume) at an average 873 psi wellhead flowing pressure.

Cumulative tested production from 20 September, 2018 up to and including 31 October, 2018 was 160 bbls of crude oil per day and 302 bbls of total fluid per day (52% crude oil by volume) at an average 813 psi flowing pressure.

“The flow data and high deliverability of liquids at TEC-10 continues to increase our confidence in the potential of this block,” said Steve Hanson, President and CEO of IFR. “All Tecolutla oil sales have benefited from a strong commodity price in Mexico, and will provide ongoing cash flow for the field’s development.”

IFR continues to be encouraged by the performance of the TEC-10 well and by the prospects for the upcoming first horizontal well (TEC-11) scheduled to commence on 12 November, 2018. TEC-11 is the first horizontal well of a potential multi-well drilling program for the Tecolutla block. Information gathered from TEC-10, including permeability, porosity, and pressure data, indicate that the reef at Tecolutla is capable of high deliverability.

Through its JV with Grupo IDESA, IFR was one of the first foreign companies to participate in Mexico’s historic reform of the oil and gas sector. The Tecolutla block was awarded to Tonalli as part of the first round and third call of Mexico’s oil and gas “mature fields” bid round (Round 1.3).

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/02112018/ifr-provides-tecolutla-production-update-new-horizontal-set-to-drill/

 

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