In due course, closer well spacing
than 80 acres/well may be required to produce the oil and gas in the Eagle Ford reservoir.
We believe that gas production from the Blue Sky wells should incline more rapidly from 80-acre spacing than the existing 160-acre well spacing
due to the high-permeability of the coals in this area of the Atlantic Rim project.
With the current well spacing
at 160 acres, NAEG will have approximately 7 new wells that can be drilled.
Upon completion and evaluation of this 10 well program, field development for both the Barnett Shale and Marble Falls formations could be continued on 20 acre vertical well spacing
Enough acreage for a 100 well development plan based on 160 acre well spacing
Drilling of a pressure monitoring well at some distance from the production pilot to determine the extent of in-seam permeability communication at approximately 160-acre well spacing
Due to recent regulatory changes relating to well spacing
in Texas, Exall may have up to four new locations to drill on 80 acre spacing on the Susan B.
Dune's management estimates that there are in excess of 100 drilling locations on the Barnett Shale Properties, based upon current well spacing
OTC: QMCE), a Nevada Corporation, a natural gas production and development company is the first to take advantage of a recent change to the well spacing
requirement in the Frances Lake gas field in Montana.
Upon drilling 4 wells the entire 40,000 acres will be earned or held by production, although well spacing
is 640 acres (a total of 62 wells would be allowed on 40,000 acres).
In 1998, the company expects to add two more SAGD well pairs to test further production parameters such as optimal well spacing
and expanded steam generation requirements.