Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) has received more positive indications from the Daydream-2 well at Project Grandis in Queensland’s Taroom Trough with gas and completion fluid flowing back freely to surface once put onto test, without the need for any assistance.
This occurred after all of the temporary plugs were successfully removed from between its six separate stimulated zones.
The Coil Tubing Unit (CTU) that undertook the work has been released to Elixir’s neighbouring operator.
In clean-up phase
Daydream-2 well is now in the clean-up phase of the test, flowing gas and stimulation fluid (water) with all zones open.
So far, 4,300 barrels of stimulation fluid have been recovered from a total of 10,392 barrels pumped (41%).
Elixir’s managing director Neil Young said: “This final flow testing phase of the Daydream-2 program continues to go to plan.
"All stimulated zones are now exposed to the well bore and we will continue to gather vital data over the weeks to come to better understand the massive potential of the multi-stacked pay zones in the Taroom Trough.”
PLT to be run in hole
Towards the end of this week a production logging tool (PLT) will be run in the hole to improve the understanding of how much fluid is in the hole, the proportion of flow from each individual zone and the flowing pressure from the respective zones.
Elixir anticipates that cleaning the well up completely will take several weeks and may require the CTU to return to Daydream-2 to lift any remaining fluid in the hole before the testing program is completed.