Subject: Sugarloaf 1st Phase Good
Date: September 29, 2006
Briefing Archive
Sugarloaf – Hosston – 1st phase a success
We have dug the well to 14,480’ and logged the upper sections.
Well was trying to flow back gas during the logging operations.
The Austin Chalk zone from 11,925’ to 12,200’ looks very oil productive. The log results may set us up to drill over 100 wells in offsetting lease (26,000 acres) to just produce the oil from that zone. The porosity is just about double from what is normally found NE of our well location. Some folks have successfully produced with as low as 3% porosity. We have 9 to 12% porosity.
The Edwards is from 12,275’ to 14,000’ looks tight or too dense to produce.
The Sligo formation begans about 14,500’
The Hosston (Objective) begans at 17,000’ Planned total depth is 21,000’.
This morning they are running 9 5/8” casing to 14,480’
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