Brookside Energy Ltd (ASX:BRK, OTC:RDFEF) is making “company-changing” progress at the SWISH Project in Oklahoma’s prolific Anadarko Basin with the new Flames Maroon Development Plan (FMDP) wells increasing gross operated production by 178%.
The SWISH Project is now delivering an average of more than 5,000 barrels of oil equivalent (BOE) per day since flowback and testing began last month on the four new FMDP well, up from the September quarter average of ~1,807 BOE/day.
“Company-changing step”
Brookside’s managing director David Prentice said: "These early results from our FMDP wells mark a company-changing step forward for Brookside.
"Reaching over 5,000 BOE/per day at the SWISH Project is encouraging and reflects the hard work of our team.
"The steady progress in the flow back and optimisation phases is pleasing, and we’re focused on continuing to build on this momentum to deliver strong and stable production.”
Wells cleaning up
Late in the September quarter, four new wells - Fleury, Maroons, Iginla and Rocket - targeting the Sycamore and Woodford formations were brought online as part of the FMDP.
These wells are cleaning up steadily, with about 10.6% of the stimulation fluid used in the completion operations recovered so far.
The wells have produced more than 164,000 BOE (~84% liquids) in this first period of flow back, testing and optimisation and have achieved a combined gross spot rate across the four wells of 4,300 BOE/per day.
About the FMDP
The FMDP is a multi-well drilling program targeting the highly productive Sycamore Lime and Woodford Shale formations in the SCOOP area of the southern Anadarko Basin.
Of the four wells in the multi-well drilling program, three were drilled from the Sanford Pad - Fleury, Maroons and Iginla - with the final well, Rocket, drilled from the Flames Well pad.
The four wells have now been successfully completed and turned to sales with the flow back, testing and optimisation program underway.