This comment was released by Caza Oil & Gas re their siltstone well. Note: different formation though similar depth (11,750ft). However, it does say something about the potential timeline. This lateral is about 4,600ft long and has had 12 frac stages:
"Copperline Prospect, Lea County, New Mexico. The Caza Ridge 14 State No. 3H horizontal Bone Spring well has been fracture stimulated in twelve stages. The frac occurred ahead of schedule, and the Company has already begun initial flow back of the well to recover frac fluids and hydrocarbons. Horizontal Bone Spring wells require large fracs and may take up to three weeks post frac to establish a stabilized flow rate. Wells on trend usually take up to a week or more before observing meaningful hydrocarbon production during frac fluid recovery. Once a stabilized flow rate has been established, the market will be updated accordingly."
- Forums
- ASX - By Stock
- STX
- sanchez drilling update 29 oct
sanchez drilling update 29 oct, page-16
-
- There are more pages in this discussion • 48 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 STX (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $515.7M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $1.523M | 8.494M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1115989 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 997757 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 0.215 |
1 | 1 | 0.185 |
1 | 2000 | 0.180 |
20 | 948784 | 0.175 |
42 | 2623953 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1051 | 1 |
0.175 | 555 | 3 |
0.180 | 928307 | 7 |
0.185 | 408324 | 8 |
0.190 | 1187665 | 14 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |