From Petroleum News - I didn't realise MAE was in the CSM sector:
http://www.petroleumnews.net/storyview.asp?storyid=264541§ionsource=s0
Utah operations restart: Marion
Monday, 9 June 2008
MARION Energy says its field operations at its Clear Creek and Helper projects in Utah are back on track after extreme weather conditions hampered work over the past seven months.
The company said harsh weather conditions created major logistical challenges but it is on target to achieve a production level of 20 million cubic feet of gas per day from wells at Clear Creek and Helper.
Natural gas sales have reached a combined gross rate of 3-6MMcfd of gas and are increasing, the company added.
At Clear Creek, three of the six Ridge Runner wells (RR 13-17, 11-17 and 1-30) are producing at a combined rate of 1-4MMcfd.
Marion hopes to bring the RR 2-19 and 11-20 wells back into production once the muddy conditions have improved in order for a work-over rig to be moved to the area to complete minor remedial work on the pumps.
The company will also accelerate work for fracture stimulation of the shut-in RR 8-19 well.
Meanwhile, at Helper, the Kenilworth Rail Road (KRR 1-A) well is undergoing minor adjustments to fine tune production and is expected to be put back on production in the near future.
Initial production rates from the KRR 1-A well were established at a rate of up to 1.5MMcfd.
Also at Helper, Marion is continuing to dewater its coal seam methane wells.
The wells are producing 500-1000 cubic feet of natural gas per day.
Marion has a 100% working interest in Clear Creek and a 70% interest in the Helper project.
- Forums
- ASX - By Stock
- MAE
- back on track
back on track
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online