New Century Exploration, Inc. announces that it has made a dual completion on the discovery well on its Una Mas Prospect located in Victoria County, Texas.
Una Mas Prospect - Located in Victoria County, Texas, the Gripp #1 well reached a total depth of 7,200 feet and found multiple productive zones, of which 2 Frio sands were perforated. The Gripp well tested 400 MCF of natural gas per day (at 1,550 psi on an 6/64” choke) from perforations 5,397 to 5,399.5 feet and 500 MCF of gas (at 2,000 psi on a 6/64” choke). The upper zone had only 50 psi of drawdown and the lower had no drawdown in pressure. Both zones are capable of higher rates.
Phil Martin, President of the Company, commented:
“We are pleased to be able to report successful tests from the Gripp #1 well. This well is part of our ongoing exploration and development efforts in Victoria County, Texas. In addition to our Gulf Coast activities, we have increased our activities in other focus areas as well, notably the Permian Basin and the Haynesville Shale play of East Texas and North Louisiana.”
Posted by Martin on Thursday, July 03, 2008 05:51
Location Victoria County, Texas
Category Company News Release
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