Brookside Energy Ltd (ASX:BRK) has mobilised a rig in preparation for production testing of the next zone of interest on the Juanita Well site at its expanded Bradbury Area of Interest (AOI) within the Arbuckle Uplift-Ardmore Basin in Oklahoma.
Subsequently, the company will kick off production testing at the end of the week and this will take about six weeks to complete.
This follows from the successful production testing of lower sand within the Simpson Group that resulted in a peak production test rate of 329 BOE (75% Oil) and an average rate of 174 BOE (76% oil) over 27 days.
Meanwhile, surface production facilities at the Thelma Well location have been upgraded and expanded to accommodate production from the Juanita Well.
New revenue stream
Brookside executive general manager Gracjan Lambert said: “We are very excited as we now move to the next zone of interest and continue with our successful production testing of the Juanita Well.
“Each test provides us more data not only on this well but on the geology of the area, helping us to derisk and identify future potential well locations.
“With the recent upgrade of the surface production facilities, once testing has been completed we will waste no time in bringing this well on production and adding a new revenue stream to our balance sheet.”
Juanita Well
The Juanita Well was drilled by Dan D Drilling Rig 7 and operated by Black Mesa Energy, LLC, a controlled subsidiary of Brookside in the Bradbury AOI.
The well was drilled as a vertical well to a measured depth of about 6,350 feet.
It is targeting 10 potential oil reservoirs, including zones from within the highly productive Simpson Group, all of which are proven producers in the area, with mean cumulative production from vertical wells in the Bradbury AOI of ~130 MBO per well, including a 744 MBO producer less than a mile east of the Juanita Well location.