Turner Bayou Chalk Project
An update from an Australia oil company indicates the current well being drilled near Dupont has recently struck through several fractures containing oil and or gas.
Here is the latest news release:
Pryme Energy Limited (Pryme) provides the following update on operations at its Turner Bayou project near Dupont, Louisiana.
At last report the Deshotels 13H No.1 well was at a total depth of 15,609 feet (4,760 metres) continuing the transition from vertical to horizontal drilling within the targeted Austin Chalk formation.
To date drilling has encountered multiple hydrocarbon bearing fractures. “We are pleased with the current progress of the drilling operations,” said Ryan Messer Pryme’s Chief Operating Officer. “We continue to stay on our original drilling plan.”
The Deshotels 13H No.1 well will be drilled to a total measured depth of approximately 19,000 feet (5,790 metres); drilling is expected to be completed in early August.
The Turner Bayou project comprises approximately 80 square miles (50,000 acres) which have been imaged by a proprietary 3D seismic survey. Primary targets are the Austin Chalk formation at 15,300 feet and the Eagle Ford formation at 16,000 feet.
This is the second well in the Dupont area. A third well also being drilled at the same time by Anadarko south of Goudeau near the Avoyelles/St. Landry Parish border.
Oil speculators are watching the three wells closely. Avoyelles Parish could be on the verge of a economic spurt if new techniques are successful in pulling minerals from previously evasive reserves deep under ground.
Over 20 :"land men" have been seen working in the Marksville courthouse, researching mineral deeds as companies begin to move in to lease acreage in the area.
From the latest company quarterly report:
We are now drilling the horizontal leg of our second Austin Chalk well and are confident of intersecting a similar oil bearing fracture network to that encountered in the first well. At least twelve oil and gas bearing fracture zones were intersected in the horizontal leg of the Deshotels 20H No.1; they were accompanied by significant oil and gas shows, which were produced to the surface during drilling, and confirmed the prospectivity of the Austin Chalk formation within the project area.
Justin Pettett, Pryme’s Managing Director
As was the case with the initial well in this project, the Deshotels 13H No.1 is being drilled slightly under balance and, as a result, we expect to see oil and natural gas returns at the surface as we drill through the fractured sections of
the chalk. We will keep investors up to date during drilling of the horizontal leg which is expected to be completed by
early August.
Ryan Messer, Pryme’s Executive Director
Turner Bayou 3D Seismic Project
Drilling of the second well in the Turner Bayou Chalk
project, the Deshotels 13H No.1 well in North Bayou Jack
Field, commenced during the quarter and, at the date of
this report, had reached a total vertical depth of 15,000
feet (4,572 metres) in the upper portion of the Austin Chalk
formation. The vertical section of the well was logged and
the intermediate string of casing cemented in place before
drilling of the 4,000 foot (1,220 metres) horizontal section
was commenced.
At the time of writing this report the horizontal section of
the well has encountered hydrocarbon bearing fractures
and oil and gas can be seen in the drilling returns at the
surface.
The Deshotels 20H No.1, the first well to be drilled in
the Turner Bayou Chalk project, is currently producing
well below expectations at 120 barrels BBls/day and
approximately 90 Mcf per day of natural gas. Pryme and
its partners plan to remediate the Deshotels 20H No.1
following the drilling and completion of the current well.
Exploration and leasing activities in the vicinity of Turner
Bayou are increasing. Anadarko Petroleum, one of the
world’s largest independent oil and gas exploration and
production companies, commenced drilling its first Austin
Chalk well on trend and near Turner Bayou on 14 June 2011.
The Dominique 27-1 (see map at the end of this report) is
being drilled to a vertical depth 16,500 feet (5,030 metres)
and a total measured depth of 23,200 feet (7,070 metres.)
The well is currently drilling at 15,910 feet (4,850 metres.)
Anadarko has also permitted several additional wells on
trend with Turner Bayou which indicates its strong interest
in the area.
Construction of the flow line from the Turner Bayou
production facilities to the main gas sales pipeline has been
completed and natural gas sales from the Deshotels 20H
No.1 commenced in July. Natural gas sold from the Turner
Bayou Chalk project is expected to attract a premium to
reference market gas prices because of the high natural
gas liquids (condensate) content. The Deshotels 20H
No.1 production and sales facilities have been designed to
service both the Deshotels 20H No.1 and the Deshotels 13H
No.1 wells.
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