Brookside Energy Ltd (ASX:BRK) has secured a rig for the high-impact Wolf Pack 36-25-1S-4W SXH 2 Well, the company’s first well in a Phase Two development drilling program in the SWISH Area of Interest (AOI) in Oklahoma’s world-class Anadarko Basin.
Wolf Pack well will target the Sycamore formation and will be the second well in the Rangers DSU with the producing Rangers 36-25 SXH1 being the first.
Drilling contract
Brookside subsidiary Black Mesa Energy, LLC, has executed an IADC Drilling Bid Proposal and Daywork Drilling Contract with Oklahoma-based Latshaw Drilling Company, the same company that was used to drill the company’s highly successful Jewell Well.
Latshaw Rig 12 will drill the first well in the Phase Two program which follows successful completion of the Held By Production (HBP) program involving three development wells in the SWISH AOI with the well expected to spud in early November.
“Great people and equipment”
Managing director David Prentice said: “We are very pleased to bring news of the commencement of our Phase Two development drilling campaign in SWISH to our shareholders.
“It is also great to be working with the Latshaw team again. Latshaw provided us with the great people and equipment for the drilling of our very first operated well in SWISH – our wonderfully successful Jewell Well.”
Latshaw Rig 12 (image courtesy of Latshaw Drilling).
Top-drive rig
Latshaw Rig 12 is a similar top-drive rig to Latshaw’s Rig 14 that successfully drilled the Jewell Well.
Wolf Pack well will be drilled as a mid-length horizontal well targeting the Sycamore Formation at an average depth of ~9,515 feet.
The well will be drilled to a projected measured depth of ~17,000 feet, with ~7,300 feet of lateral section drilled in the Sycamore that will subsequently be cased with production tubing to be perforated and treated to allow production of oil and rich gas.
Preliminary work
Regulatory Applications have been filed with the Oklahoma Corporation Commission (OCC) for development drilling within the Rangers DSU to ensure that all approvals are in place prior to spud.
Pad works are also underway and the team is working diligently to lock down agreements with other key service providers.
“We continue to stay nimble and focused on our ‘Three Pillars’ strategy for creating value with a multi-pronged approach to extracting maximum value from the large inventory of proven, low-risk, high-return development wells that our HBP program has created,” Prentice added.
“The team is looking forward to keeping shareholders and investors updated as this next phase of growth (underwritten by our strong cash flows and balance sheet) gets underway."