Brookside Energy Ltd (ASX:BRK, OTC:RDFEF) has notched up another key milestone at the Flames-Maroons Development Plan (FMDP) wells in the SWISH AOI in Oklahoma’s Anadarko Basin with strong initial production metrics and a seamless transition to steady-state operations.
The four FMDP wells - Fleury, Maroons, Iginla and Rocket – recorded combined gross IP24 and IP30 rates of 4,330 BOEPD and 3,761 BOEPD, respectively, with liquids yields of about 80%.
Encouragingly, these results, when normalized to a single well with a 10,000-foot completed lateral, delivered approximately 1,400 BOEPD and 1,200 BOEPD gross for IP24 and IP30, respectively.
Comparable to Flames
These outcomes are comparable to those of the Flames Well, the parent well in the FMDP.
Brookside’s managing director David Prentice said: "The results from the Flames-Maroons Development Plan are a testament to the expertise and dedication of our team.
"The strong initial production metrics and the seamless transition to steady-state operations mark another significant milestone for Brookside Energy.
"We look forward to continuing to deliver value to our shareholders as we execute on our strategy."
Steady-state operations
During the flow-back period, the FMDP wells collectively produced approximately 260,000 BOE gross.
Following this phase, the wells were handed over to the production team, marking the completion of flow optimization and the start of steady-state operations.
Cumulative production for SWISH-operated wells normalised to a notional 10,000-foot lateral.
The above chart illustrates cumulative production over the first 12 months for all the company’s operated wells in the SWISH AOI.
It emphasizes consistent early and sustained production performance from initial reserve definition wells and current development or infill wells.
About the FMDP
Completed in September 2024, the FMDP represents the first of many planned step changes in the growth of Brookside’s production, revenue and net income at the company’s flagship SWISH Area of Interest (AOI) Project.
The Fleury, Maroons and Iginla wells were drilled from the Sanford Pad and the Rocket Well from the existing Flames Well pad. Also shown are Continental Resources’ Courbet and Gapstow full field development projects immediately south of the FMDP and Jewell/Bruins DSUs.
The FMDP consists of four new wells which increase the company’s inventory of producing wells at SWISH to eight.
Net average daily production is expected to increase from approximately 1,400 BOEPD to 2,500 BOEPD by the end of this year.
The new wells targeted the highly productive Sycamore Lime and Woodford Shale formations in the SCOOP area of the southern Anadarko Basin.