Sacramento Basin-focused natural gas developer and producer, Sacgasco Ltd has advised that Paul Graham Drilling Rig 3 and associated equipment has moved onto the Dempsey 1-15 well location to carry out the planned and previously announced completion and testing programme.
On the way to the Dempsey site the rig undertook a successful re-completion of one of the adjacent JV-owned producing wells at the Rancho Capay Gas Field.
Additional information on the Dempsey well will be provided as testing is carried out.
After farm-in working interests in the Dempsey gas project:
- Sacgasco Limited (ASX: SGC) (Operator): 50%
- Empyrean Energy PLC (LON: EME) : 30%
- Pancontinental Oil and Gas NL (ASX: PCL) :10%
- Xstate Resources Limited (ASX: XST) :10%
Sacgasco Managing Director Gary Jeffery commented:
“The rig and crew have safely and efficiently finished the nearby well workover and the increased gas production will be sold via the existing JV pipeline and metering connections. The re-completion provided a valuable preparation for the imminent Dempsey testing programme. The arrival of the completion rig signals the beginning of the next exciting phase of the Dempsey 1 - 15 well.
“As previously advised, the Dempsey 1-15 well intersected a number of porous potential reservoir zones which resulted in significant gas shows while drilling. The high-pressure rated equipment to be used for the upcoming testing operations has been sourced.
“This programme will follow good oilfield practice by beginning testing from the bottom of the well. The natural gas meter adjacent to the Dempsey well is ready for gas flows from the Dempsey well.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/19102017/sacgasco-ltd-to-begin-next-phase-of-dempsey-well-drilling/